Reading Time: 2 minutes CNS Canada — Recent milder weather seen in Western Canada was unfavourable for winter wheat crops and has left the crops more vulnerable to winterkill. “The major impact is that it melted some of the snow cover that the winter wheat had, and in a lot of cases now some of those fields are bare,” […] Read more
Recent mild spell seen hurting Prairie winter wheat
CWRS wheat bids edge up across Prairies
Reading Time: 2 minutes CNS Canada –– Average cash bids for Canada Western Red Spring (CWRS) wheat edged up by a dollar per tonne on average during the week ended Friday. In Manitoba, the average CWRS price rose to just under $234 per tonne, from $233 the previous week. Gains were similar across the rest of the Prairies, with […] Read more
Russian export uncertainty driving U.S. wheat futures
Reading Time: < 1 minute CNS Canada — Uncertainty over Russian exports has brought some volatility to U.S. wheat markets, with shifting speculation on the country’s intentions a major driver in day-to-day futures trade. “We’ve seen the market see-saw back and forth, with whatever Russia said (influencing) the way the market moved,” said market analyst Bryan Strommen of Progressive Ag […] Read more
Feed barley market quiet, awaiting new year
Reading Time: < 1 minute CNS Canada –– The feed barley market is in the middle of its seasonal slowdown. While demand should pick back up in the New Year, the prices might not have much room to the upside, given ample feed wheat supplies. “If you didn’t look at the calendar, you could still guess it was December,” said […] Read more
Australia’s approach to grain co-ops
Owned by 4,200 farmers, the giant CBH Group adds a whole new dimension to phrases like value-adding and diversification
Reading Time: 6 minutes Given the demise of the prairie pools and the recent sales of a number of Canada’s new-generation co-operative grain terminals, it would be understandable if many Canadian farmers, grain traders, farm advisers and policy makers believe co-operative grain marketing ventures are simply not viable in today’s world. Just don’t try and tell that to Western […] Read more
Opportunities in grain marketing
In a tough market, everyone says “shop your grain around.” But what’s the best way to do that?
Reading Time: 5 minutes With strong grain prices over the past few years, marketing has been relatively easy. Sure, there’s been the perennial question of whether the market will go higher or lower. But finding profitable prices wasn’t exactly searching for a needle in a haystack. As long as they got the yield in the field, profits were largely […] Read more
UAE-Egypt alliance expands to desert wheat venture
Reading Time: 2 minutes Abu Dhabi/Cairo | Reuters — Egypt and two companies from its strong backer United Arab Emirates have embarked on an ambitious plan to grow wheat in the desert that could boost the Cairo government’s credibility if successful. Egypt, the world’s biggest wheat importer, has long aspired to become self-sufficient in its staple food through various […] Read more
Prairie CWRS wheat bids edge down
Reading Time: 2 minutes CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Friday, despite a firmer tone in U.S. futures as basis levels slipped slightly. In Manitoba, the average CWRS price declined to C$234 per tonne, from $236 the previous week. Average losses of $1 to $5 per […] Read more
Letter to the editor, Dec. 5, 2014
Reading Time: 2 minutes Rod Nickel’s article,“Canada’s wheat exports dogged by quality complaints,” incorrectly states that there has been an increase in the number of complaints from buyers of Canadian wheat since the removal of the single desk marketing authority from the Canadian Wheat Board. Since 2011-12, the last crop year that Canadian wheat was marketed through the Canadian […] Read more
Canada’s wheat exports dogged by quality complaints
Reading Time: 3 minutes Winnipeg | Reuters –– Buyers of Canadian wheat are increasingly complaining about quality ever since Ottawa changed how its biggest crop is sold and inspected, raising the risk the world’s third largest exporter will lose sales to rivals such as the U.S. EDITOR’S NOTE: Click HERE to read a Dec. 5 letter to the editor […] Read more