Reading Time: < 1 minute CNS Canada — Spring wheat futures at the Minneapolis Grain Exchange hit fresh contract lows over the past week, and are seen as likely to have more room to the downside as North America’s spring wheat harvest is just getting started. However, the Chicago and Kansas City winter wheat contracts are due for a post-harvest […] Read more
Further losses likely for falling spring wheat futures
New biocontrol to fight fusarium in cereals
Reading Time: 2 minutes Using fire to fight fire, a new biocontrol product could be commercialized for use against fusarium head blight in a year or two. Adjuvants Plus at Kingsville, Ont. has reached a licensing agreement with Agriculture and Agri-Food Canada (AAFC) to use its patented technology — a fungal organism called Clonostachys rosea, strain ACM941 — to […] Read more
Islamic State militants grab new weapon: Iraqi wheat
Reading Time: 4 minutes Baghdad/Abu Dhabi | Reuters — After seizing five oil fields and Iraq’s biggest dam, Sunni militants bent on creating an Islamic empire in the Middle East now control yet another powerful economic weapon: wheat supplies. Fighters from the Islamic State have overrun large areas in five of Iraq’s most fertile provinces, where the United Nations […] Read more
Southern Alta. barley harvest underway
Reading Time: 2 minutes CNS Canada — Harvest started this week for some barley crops in southern Alberta — parts of which have reported little or no rain for weeks. “I’m in southern Alberta (where) we just started harvest on our barley (on Monday), and I would say that the barley crops look good, (but) we’ve been a bit […] Read more
Prairie winter wheat harvest to ‘drag on’
Reading Time: 2 minutes CNS Canada — The winter wheat harvest is underway in some parts of the Prairies, but because of variable conditions, activities are expected to ‘drag on’ this year. “Some people are saying some of it may run into the spring crops,” said Jake Davidson of Winter Cereals Canada at Minnedosa, Man. “But overall things are […] Read more
USDA projects record U.S. corn, soybean production
Reading Time: 2 minutes Reuters — U.S. corn production will crack the 14-billion-bushel mark for the first time in 2014, the U.S. Department of Agriculture said on Tuesday, but the crop was slightly below trade expectations, potentially giving a bullish kick to the beaten-down corn futures market. At 14.03 billion bushels, the estimated crop fell short of trade estimates […] Read more
Improving basis boosts Prairie wheat bids
Reading Time: < 1 minute CNS Canada — Average bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat were stronger during the week ended Monday, as improving basis levels more than compensated for declines in U.S. futures. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in Monday at […] Read more
Churchill open, hopes for record exports
Reading Time: < 1 minute The first ship of what’s hoped to be a record-breaking year was loading wheat at Manitoba’s Port of Churchill starting Tuesday. The M.V. Ikan Suji began taking on 32,500 tonnes of No. 2 Canada Western Red Spring (CWRS) wheat sold by Richardson International and destined for Mexico. Merv Tweed, president of OmniTrax Canada, which owns […] Read more
Durum prices, quality vary
Reading Time: 2 minutes CNS Canada — The Canadian durum crop is currently seeing a wide range in both crop quality and prices. “It looks like the prices are quite volatile,” said Jerry Klassen, manager of GAP SA Grains and Produits in Winnipeg. “They are quite variable between $7 per bushel to $8.50 per bushel.” This wide price range […] Read more
Winter wheat harvest underway in central Man.
Reading Time: < 1 minute CNS Canada –– The winter wheat harvest is underway in Manitoba, with farmers starting to combine the crop in the central region during the week ended Tuesday. The latest crop report from Manitoba Agriculture, Food and Rural Development cited preliminary results showing average yields of about 60 bushels an acre for the winter wheat crop, […] Read more