Reading Time: 2 minutes CNS Canada — Milling wheat and durum contracts offered by ICE Futures Canada have not seen any actual trade in over a year, and it’s been five months since feed barley last had any open interest — but the exchange isn’t ready to give up on the grain contracts just yet and will explore its […] Read more
Don’t write off ICE Canada’s grain futures just yet
Prairie wheat cash bids down with sharply lower U.S. futures
Reading Time: 2 minutes CNS Canada –– Average cash bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) were weaker during the week ended Tuesday, following sharp losses seen in U.S. wheat futures markets. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in Tuesday at around $207 per […] Read more
Ardent Mills j.v. clears U.S. antitrust review
Reading Time: 2 minutes The Canadian mills that make Robin Hood flour and baking mixes for industrial and foodservice users will be part of a new joint venture by the end of May — now that the U.S. Department of Justice has wrapped up its review of the deal. The department’s antitrust division on Tuesday announced a proposed settlement […] Read more
Egypt raises price paid to local wheat farmers
Reading Time: < 1 minute Cairo | Reuters — Egypt, the world’s biggest wheat importer, will pay local wheat farmers 500 Egyptian pounds (US$70.87) per Egyptian ardeb, the equivalent of around 150 kg, according to a statement posted on the finance ministry’s official Facebook page. Last year the government raised the fixed price it pays for local wheat to 420 […] Read more
Prairie winter wheat in good shape, analyst says
Reading Time: 2 minutes CNS Canada — Winter wheat crops across Western Canada are generally in good shape, according to a CWB analyst, although the lateness of the spring thaw will also push back the harvest in many areas. “The winter wheat is in reasonably good shape,” said Bruce Burnett, a CWB weather and crops specialist. Emergence and moisture […] Read more
Prairie CWRS prices down slightly, CPSR spot bids return
Reading Time: 2 minutes CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat were slightly lower during the week ending Monday. The week also marked the return of Canada Prairie Spring Red (CPSR) wheat spot bids at many elevators, after only offering prices for deferred delivery for an extended period of time. Average spot bids […] Read more
Oats still struggling to move south
Reading Time: 2 minutes CNS Canada — The Prairie oats industry continues to suffer from a lack of rail cars allocated to move south, as it forces some companies to truck oats to U.S. millers. Shipping oats by truck means very expensive freight costs, resulting in lower prices for farmers, and higher prices for end users, said Ryan McKnight […] Read more
Spring wheat seeding still delayed in N.D.
Reading Time: 2 minutes CNS Canada — Seeding of spring wheat in North Dakota and Montana continued to be very slow during the week ended May 4, due to ongoing cool, wet conditions, a report from the North Dakota Wheat Commission said. As of Sunday, only about five per cent of the spring wheat crop was seeded in North […] Read more
Malting barley expected to see slow price surge
Reading Time: 3 minutes CNS Canada — A projected decrease in Canadian malt barley acreage in 2014 could lead to price increases by the spring of 2015, according to an analyst in Alberta. Darren Smith of RMI Analytics in Calgary said exports in the barley market have been fairly light recently, due to logistics problems gripping rail transportation — […] Read more
Prairie CWRS wheat bids up sharply with U.S. futures
Reading Time: < 1 minute CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved sharply higher during the week ended Monday, following gains seen in U.S. wheat futures. Concerns about persisting drought conditions causing further damage to U.S. winter wheat crops were behind the sharp gains seen in U.S. wheat futures during the week. Worries […] Read more
A message from April Stewart, Country Guide's Associate Editor
