Reading Time: 2 minutes CNS Canada — Average bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat were stronger during the week ended Tuesday, with improving basis levels and strength in U.S. futures behind the rise. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in Tuesday at […] Read more
Prairie wheat bids up with U.S. futures, improving basis
Rain hits Ukrainian wheat quality
Reading Time: 2 minutes Kiev/Moscow | Reuters — Ukraine is set to produce more wheat for animal feed and less higher grade bread-making grain this year, as rain damage has shifted the global exporter’s quality balance, traders and analysts said. The altered backdrop is seen heaping further pressure on global prices, while also signalling tougher competition with other European […] Read more
GRAINS: U.S. soy drops on rain forecasts; wheat rises on export hopes
Reading Time: 2 minutes Reuters — U.S. soybean futures fell on Friday as forecasts for rain in the U.S. Midwest added to expectations the crop should pass through key stages of development without stress, traders said. “Weather forecasts continue to trend more and more beneficial as we enter the key soy development month,” said Matt Zeller, director of market […] Read more
GRAINS: Soybeans, wheat firm on strong exports; corn weakens on weather
Reading Time: 2 minutes U.S. soybean futures rose on Thursday on signs that demand will keep domestic supplies tight until harvest, while corn weakened due to forecasts for more crop-boosting rain in the U.S. Midwest, traders said. “The beans firmed up due to some speculators taking advantage of the weakness earlier in light of the very strong demand we […] Read more
W. Canada spring wheat, durum yields look second-biggest ever: crop tour
Reading Time: 2 minutes Reuters — Western Canada spring wheat and durum yields this year look to fall from last year’s high levels, but the still bountiful production should offset some losses from flooded farms, leaders of a crop tour said on Thursday. The inaugural Cereals North America Canadian crop tour pegged spring wheat yield potential in the region […] Read more
Aug. 1 brings grain grading and other changes
Reading Time: 2 minutes A number of grain grading and variety classification changes take effect Aug. 1, the first day of the new 2014-15 crop year, the Canadian Grain Commission (CGC) said in a news release. Producer cars also must now be ordered online, although farmers still have the option of ordering via fax. The new online ordering system […] Read more
Western Canada wheat yields higher than average
Reading Time: 2 minutes Yorkton, Sask.— Spring wheat and durum yields are trending above average in Western Canada, but large pockets had no crop after heavy rain earlier this month, a crop tour observed on Wednesday. Much of the crop that survived is also developing late in western Manitoba and eastern Saskatchewan and will need extra time to ripen […] Read more
ICE Canada canola drops following cash market sales
Reading Time: < 1 minute ICE Canada canola futures eased in early trading on Wednesday, pressured by some recent farmer sales, traders said. * Losses in U.S. soybean futures added further pressure to the market. * A weaker Canadian dollar, which boosts export interest, kept declines in check. * Scouts on Cereal’s North America Canadian crop tour found some spring […] Read more
Saskatchewan canola crop development variable: crop tour
Reading Time: 2 minutes CNS– The development of canola was clearly at varying stages of development in east central and southeast Saskatchewan during the third day of a crop tour organized by CWB (formerly the Canadian Wheat Board). On July 30, participants took a circuitous tour starting in Yorkton, then going northwest to Melfort, before once again heading south […] Read more
GRAINS – U.S. corn, soybeans, wheat drop after recent gains
Reading Time: 3 minutes CHICAGO, July 29 (Reuters) – U.S. wheat futures fell 2.8 per cent to fresh contract lows on Tuesday due to plentiful global supplies as well as strong competition on the export market, traders said. Corn and soybean futures also fell as forecasts for rain in the U.S. Midwest next week alleviated concerns about dry conditions reducing harvest prospects for both […] Read more
A message from April Stewart, Country Guide's Associate Editor
