Reading Time: < 1 minute Chicago | Reuters — Heavy weekend storms caused flooding in parts of the southern U.S. Midwest, threatening the region’s soft red winter wheat, crop experts said on Monday. A swath of eastern Texas, Arkansas, Missouri and southern Illinois received 7.5 to 18 cm of rain with localized totals of up to 25 cm, MDA Weather […] Read more
Flooding in U.S. Midwest threatens winter wheat
Minogue: Wanna start a cereal seed company?
Reading Time: 3 minutes It’s clear from where the Prairies’ cereal growers’ groups sit that it’s time for farmers to get more involved in wheat and barley breeding — and they have a new report in hand suggesting ways to do so. Options in the report, from the newly-formed Wheat and Barley Variety Working Group, range from improving the […] Read more
Russian ministry proposes reducing wheat export tax
Reading Time: < 1 minute Moscow | Reuters — Russia’s agriculture ministry has proposed that the government reduce or cancel its wheat export tax due to rouble volatility and a decline in global wheat benchmarks, the Interfax news agency reported, citing first deputy minister Evgenii Gromyko. The rouble has lost about six per cent against the U.S. dollar since the […] Read more
Prairie spring wheat bids down as basis erodes
Reading Time: 2 minutes CNS Canada –– Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as basis levels deteriorated. Average Canada Western Red Spring (CWRS) wheat prices were down by C$1-$5 per tonne during the week, according to price quotes from a cross-section of delivery points across the Prairie provinces. Average prices ranged […] Read more
Russia, China sign accords on grain quality control
Reading Time: 2 minutes Reuters — Moscow and Beijing have signed agreements on the control of grain quality, which technically open the Chinese market to Russian grain. Russian food safety watchdog Rosselkhoznadzor and the Chinese government body in charge of quality control signed two food safety documents on Russian wheat, corn (maize), rapeseed, soybean and rice supplies at a […] Read more
Oat prices move higher to spur farmer selling
Reading Time: 2 minutes CNS Canada — Prairie oat prices are ticking upward as buyers try to coax farmers into a slow market — but prices, most notably in Saskatchewan, may need to move further before that happens. “Prices are below expectations, and in some instances quality is below what the market is willing to accept at this point,” […] Read more
Durum at a standstill despite fresh numbers from StatsCan
Reading Time: < 1 minute CNS Canada — Even fresh domestic production numbers aren’t able to move Canada’s durum prices, one analyst says, as the market stays stagnant on lacklustre processing demand from North Africa and Europe. “I think the trade was anticipating this number for a long time,” said Jerry Klassen, manager of the Canadian office for Swiss-based GAP […] Read more
A big step for small grains
New market opportunities will come with research and advocacy
Reading Time: 5 minutes For several years now, there have been questions about adding crops to the Grain Farmers of Ontario (GFO). Beyond the charter commodities of corn, wheat and soybeans, for instance, there have been murmurs about bringing in edible beans. But early this past July, it was farmers who grow oats and barley who became the latest […] Read more
Province backs new Hamilton bulk flour mill
Reading Time: 2 minutes With public funds in hand, Winnipeg agrifood firm Parrish and Heimbecker is set to build Ontario’s first new flour mill in three-quarters of a century, near the company’s grain terminal in Hamilton. The provincial government on Monday pledged a $5 million investment from the Food and Beverage Growth Fund arm of its $2.5 billion Jobs […] Read more
Prairie spring wheat bids rise with U.S. futures
Reading Time: 2 minutes CNS Canada –– Cash spring wheat bids across Western Canada moved higher during the week ended Monday, as gains in U.S. futures and continued weakness in the Canadian dollar both provided support. Average Canada Western Red Spring (CWRS) wheat prices were up by C$3-$6 per tonne during the week, according to price quotes from a […] Read more