Reading Time: 2 minutes Moscow | Reuters — Russia’s agriculture minister sees no reason for now to introduce an export duty on wheat and is not considering one, he was quoted as saying by RIA news agency on Tuesday. A meeting at the agriculture ministry on Friday fuelled speculation among traders that Russia could consider grain export curbs once […] Read more
Russian ag minister sees no need for wheat export duty, for now
Manitoba winter wheat yields down
Reading Time: 2 minutes CNS Canada — As the winter wheat harvest finishes up in Manitoba, initial reports are that yields are lower than in years past. “It was a disadvantage with the winter and with the weather conditions this summer it’s been pretty dry… so between the two, it’s kind of reduced yields,” said Doug Martin, chairman of […] Read more
Durum markets rattled as harvest set to start
Reading Time: 3 minutes CNS Canada — With the durum wheat harvest rapidly approaching in Western Canada, many analysts wonder how the dry conditions and extreme heat will affect yields. Yet there is one aspect about this year’s crop they already know. Increased seeded acreage this spring, and market access problems hindering longer-term durum sales, mean farmers might want […] Read more
Feed weekly outlook: Shortages expected for Prairie barley
Reading Time: 2 minutes CNS Canada — Sales have slowed for feed grain buyers in Western Canada, as concerns continue to mount about feed shortages. “The confidence from the farmer is not (there anymore). He just wants to see some crop come into his bin. So we’ve definitely slowed in our buying,” said Brandon Motz, sales manager at CorNine […] Read more
Some North Dakota wheat rejected for ergot, merchants say
Reading Time: 2 minutes Chicago | Reuters –– Elevated levels of the grain fungus ergot are showing up in spring wheat being harvested in south-central North Dakota, prompting grain elevators to impose discounts and even turn some truckloads away, grain merchants said Tuesday. Ergot is a common grain fungus but some major buyers, including top global wheat importer Egypt, […] Read more
Drought slashes EU wheat, export surplus to be cut
Reading Time: 2 minutes Hamburg | Reuters – Drought and a heatwave that scorched fields in northern Europe may cut the European Union’s wheat export surplus and the bloc will need to consume more of its own grains, experts said on Friday. French analysts Strategie Grains forecast a 10 percent smaller EU soft wheat harvest this year, with northern […] Read more
Early harvest pressures Prairie barley prices
Reading Time: 2 minutes CNS Canada — Barley prices in Western Canada are falling as an early harvest is weighing on values. “Prices have moderated here,” said Allen Pirness of Market Place Commodities Ltd. Lethbridge, Alta. The surprise rally from last week ended as quickly as it began. Prices which started last week at about C$250 per tonne were […] Read more
Saudi Arabian agency stops buying Canadian wheat, barley
Reading Time: 2 minutes Hamburg | Reuters – Saudi Arabia’s main state wheat buying agency has told grains exporters it will no longer buy Canadian wheat and barley in its international tenders, European traders said on Tuesday, as a diplomatic dispute between the two countries escalates. Traders said they had received an official notice from the Saudi Grains Organization […] Read more
Dry weather not a problem for malt barley crop, so far
Reading Time: < 1 minute CNS Canada – The prairie malting barley crop is faring reasonable well in the hot, dry weather, but crop watchers will have a better idea of protein content in a couple weeks. “We’ve yet to see what this crop is. I think we’re a little early yet. Indications are that it could be a little […] Read more
Feed barley defies expectations as prices rally
Reading Time: 2 minutes CNS Canada – Feed barley prices have no business being where they are, based on supply-demand fundamentals, but that hasn’t quelled the rally. With prices for old crop sitting a premium over new crop, most in the industry expected old crop would gradually decline over summer and the two would eventually converge. But dry weather […] Read more
A message from April Stewart, Country Guide's Associate Editor
