Reading Time: < 1 minute MarketsFarm — Spring wheat production in the United States was down sharply in 2021, according to the latest annual small grains report from the U.S. Department of Agriculture. Total spring wheat production was pegged at 9.01 million tonnes by the government agency, down 44 per cent from the 15.99 million tonnes grown the previous year. […] Read more
U.S. spring wheat crop down sharply in 2021
Feed weekly outlook: Canadian markets firm, waiting on U.S. corn
Reading Time: < 1 minute MarketsFarm — Canadian feed grain bids remain strong, although end-users are only buying on a hand-to-mouth basis as they await an influx of cheaper corn imports from the U.S. “Everybody is waiting on the corn situation to figure out where we’ll go,” said Suzanne Leclerc, owner of Market Master Ltd. in Edmonton. “Buyers are buying […] Read more
Pest Patrol: What was that grassy weed in my winter wheat at harvest time?
#PestPatrol with Mike Cowbrough, OMAFRA
Reading Time: 3 minutes Three different types of grassy weeds were found above the winter wheat canopy at harvest this year. To prevent them from becoming a problem, they need to be identified so that the appropriate management actions can be taken. Here is a breakdown of each grass species and its control options: Chess (Bromus secalinus) Chess grass […] Read more
Prairie cash wheat: Gains in prices vary by type
MGEX, CBOT December wheats up on week
Reading Time: 2 minutes MarketsFarm — Bids in Western Canada for the week ended Thursday were higher for Canada Western Amber Durum (CWAD), Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats. Gains in most of the U.S. wheat markets led to the increases, which were tempered somewhat by a stronger Canadian dollar. Average CWRS (13.5 […] Read more
Feed weekly outlook: Harvest lowers wheat, barley prices
Reading Time: < 1 minute MarketsFarm — With the hot and dry summer of 2021 now in the rearview mirror, the higher-than-normal prices for Alberta feed wheat and barley are starting to taper off as combining nears completion. “I think what we’ve been seeing for feed barley prices in (southern Alberta) is anywhere from $380 (per tonne) for October and […] Read more
CBOT oats climb on supply woes
Prairie drought eats at availability
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade December oats futures climbed their daily maximum of 25 cents per bushel on Wednesday, nearing a 7-1/2 hear high, after drought slashed supplies from top global supplier Canada at a time of robust demand for the grain, traders said. The December oats contract surged 25 cents to […] Read more
Prairie cash wheat: Prices rise as worldwide stocks fall
U.S. December wheat futures up on week
Reading Time: 2 minutes MarketsFarm — Continued tightening of worldwide wheat stocks has raised spring wheat prices in Western Canada during the week ended Thursday. As winter wheat planting in North America and Europe begins, dry conditions remain a threat not only in North America, but also in Argentina and Russia. The U.S. Department of Agriculture (USDA) also predicts […] Read more
Feed weekly outlook: U.S. corn imports to supplement tight supplies
Feeders seeking barley would 'have to pay up'
Reading Time: < 1 minute MarketsFarm — The looming corn harvest in the United States should keep a lid on rising feed grain prices in Western Canada, with more corn expected to make its way into Canadian feedlots this winter. “U.S. corn should start landing in Lethbridge sometime in October or early November,” said Jim Beusekom, of MarketPlace Commodities at […] Read more
Feed weekly outlook: Incoming corn pressures barley, wheat
Reading Time: < 1 minute MarketsFarm — Pressure from forthcoming corn imports from the U.S. have been driving down feed prices for barley and wheat in Saskatchewan and Manitoba, according to Evan Peterson, trader with JGL Commodities in Saskatoon. Meanwhile, prices in Alberta held steady. “We’re seeing some decent coverage right now on the feeder side. We’re waiting for the […] Read more
Prairie cash wheat: Spring wheat bids mixed, durum jumps
U.S. December wheat futures down on week
Reading Time: 2 minutes MarketsFarm — Increased worldwide demand for wheat and precipitation across the Prairies have resulted in mixed spring wheat bids for the week ended Thursday. Scattered showers across wheat-growing areas in Western Canada, as well as the ongoing spring wheat harvest, have brought downward pressure on the markets. The rising Canadian dollar also served to lower […] Read more