Reading Time: 2 minutes CNS Canada –– Average cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Friday, as U.S. wheat futures continued to tumble. CWRS prices were ranged from $3.75 to $6 per tonne lower in Alberta and Saskatchewan. The best pricing opportunities were still available in Manitoba, where prices were down […] Read more
Prairie wheat bids fall as U.S. futures continue to tumble
Egypt says wheat stocks enough to last until early May
Reading Time: < 1 minute Cairo | Reuters — Egypt’s stock of wheat for its subsidized bread program will last until the first week of May, well into the start of the local harvest, after it bought 180,000 tonnes this week, Supplies Minister Khaled Hanafi said Friday. Hanafi said in a statement he expected new silos to come into use […] Read more
Feed barley values seen ‘popping’ in January
Reading Time: 2 minutes CNS Canada –– Western Canadian feed barley prices remained firm to start the year, with bids having enjoyed a gradual rise from the $190 per tonne range in late November to the current level of $210 per tonne. “Bids have firmed up, not surprisingly it’s kind of popping in January,” said Allen Pirness, a trader […] Read more
Declining wheat futures watch corn for further direction
Reading Time: 2 minutes CNS Canada — U.S. wheat futures have posted large losses over the past three weeks, but will be watching corn to provide some further direction in the near future, according to a wheat broker. The U.S. Department of Agriculture releases a number of closely watched reports on Monday (Jan. 12), including winter wheat seedings, quarterly […] Read more
Quality issues with some wheat crops, but it’s not all bad
With 2014 in the bin, there may be pricing opportunities as the trade turns to blending to hit grade specs
Reading Time: 5 minutes Just over a year ago, Bruce Burnett, the Canadian Wheat Board’s head of weather and crop research, stood in front of the 2014 Cereals North America conference and spun the unlikely tale of a late harvest that delivered a large and high-quality crop. Rolling the clock forward to this fall, Burnett again took the podium, […] Read more
Wheat midge populations to collapse in parts of Alta.
Reading Time: 2 minutes CNS Canada — Recent large wheat midge populations in the eastern Peace region of Alberta are expected to collapse in 2015, according to a forecast report from the Alberta Insect Pest Monitoring Network. But there is still a risk of higher populations in the region due to the very large levels of the insect population […] Read more
Lower-quality malt barley still commanding firm prices
Reading Time: 2 minutes CNS Canada — Western Canadian malt barley is still receiving firm bids despite a lack of high-quality supplies, according to industry watchers. “Prices are still fairly high but quality is fairly low.” said Reid Fenton, president of BLB Grain Group at Three Hills, Alta. “If it grows, it goes,” is how he described the current […] Read more
China expected to boost imports of protein-rich wheat
Reading Time: 2 minutes Beijing/Singapore | Reuters — Chinese wheat buyers are likely to step up imports of higher quality grains to meet a domestic shortfall even though total overseas purchases are forecast to tumble this year due to bumper production at home, analysts and traders said. China, the world’s biggest wheat producer and consumer, has seen output climb […] Read more
Ont. oat, barley growers approve GFO entry
Reading Time: 2 minutes Ontario’s barley and oat growers have voted just over three-quarters in favour of representation by the province’s wheat, corn and soybean growers’ organization. Grain Farmers of Ontario (GFO) confirmed Monday that eligible growers voted 77 per cent in favour of the move in a November vote conducted by the Ontario Farm Products Marketing Commission. GFO […] Read more
Prairie CWRS bids ease with U.S. futures
Reading Time: 2 minutes CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat deteriorated slightly during the week ended Friday, as losses in the US futures weighed on values. CWRS prices were $2-$5 per tonne lower across the three Prairie provinces, with average values ranging from about $205 per tonne in north-central Saskatchewan to $219 […] Read more
A message from April Stewart, Country Guide's Associate Editor
