Reading Time: < 1 minute CNS Canada — Data released today from the U.S. National Agricultural Statistics Service showed large expected increases in spring wheat and durum production this year. Spring wheat production in the country, not including durum, is forecast at 614 million bushels, up 48 per cent from 2017. Of that, 584 million bushels, or 95 per cent […] Read more
U.S. spring wheat, durum expected to surge
J.M. Smucker to sell U.S. baking brands
Reading Time: < 1 minute Reuters — J.M. Smucker Co. said on Monday it would sell its U.S. baking business, which includes brands such as Pillsbury, Martha White and Hungry Jack, to private equity firm Brynwood Partners for US$375 million. The deal includes a manufacturing facility in Toledo, Ohio, but excludes the baking business in Canada, the company said. “The […] Read more
AMIS adjusts world grain production outlooks
Reading Time: 2 minutes CNS Canada –– Global supply-demand outlooks, released by the market monitoring agency of an alliance of 11 international organizations, point to lower corn production for 2018-19. The Agricultural Market Information System (AMIS) Market Monitor report for July said the record corn harvest in 2017-18 will slip by more than four per cent in 2018-19. That’s […] Read more
Feed weekly outlook: Prairie market focused on weather
Reading Time: 2 minutes CNS Canada — Western Canadian feed grain buyers aren’t concerned if they’ll have crops to buy at the end of the summer, but they are concerned what the quality of those crops will be. “At this point it’s a weather market. So we kind of wait and see as it unfolds and respond accordingly,” said […] Read more
StatsCan: Canola area narrows, wheat sowings expand
Reading Time: < 1 minute Reuters — Canadian farmers seeded less canola and more wheat compared with last year, but they shifted their plans from earlier this spring to sow more land with canola. Canola plantings reached 22.7 million acres, shy of last year’s 23 million, but exceeding the average trade guess of 22.4 million acres. In spring, Statscan estimated […] Read more
Feed weekly outlook: Producers watching skies for signals
Reading Time: 2 minutes CNS Canada — Farmers and traders are keeping a watchful eye on the weather trying to sort out feed grain supplies. “This time of year, it’s a weather market and weather has been improving in much of Saskatchewan and in some of the more critically dry areas. They got a decent amount of moisture over […] Read more
South Korea lifts suspension on Canadian wheat sales
Reading Time: < 1 minute Seoul | Reuters — South Korea’s food ministry on Tuesday said it had lifted a temporary suspension on sales of Canadian wheat as it had not discovered any unapproved genetically modified strains during tests on imports. South Korea suspended sales of Canadian wheat last week after Canada announced the discovery in mid-2017 of an unapproved […] Read more
Wheat shipment halt seen as temporary
Reading Time: 4 minutes Wheat sales are expected to soon resume to Japan and South Korea. Both nations suspended Canadian wheat imports following the June 15 announcement that Canada had discovered several genetically modified (GM) wheat plants in southern Alberta. But both are expected to come back to the market shortly, while exports to others won’t be affected, according […] Read more
Feed weekly outlook: Markets watch Japan wheat ban, trade fights
Reading Time: 2 minutes CNS Canada — A Japanese ban on Canadian wheat might eventually push more wheat into feed markets, but traders say that’s not happening so far. Japan, Canada’s No. 2 wheat buyer after the U.S., instituted the ban last Friday after genetically modified wheat was discovered growing in Alberta. GM wheat is not approved for commercial […] Read more
Why don’t we know?
Whether you were in favour of changing the CWB or against it, isn’t it time we get clear, unbiased answers about what the impact has been?
Reading Time: 6 minutes Ask any western grain farmer what is significant about August 1, 2012, and most will tell you it was the day the federal government eliminated the Canadian Wheat Board monopoly on the sale and export of wheat and barley from Western Canada. Some farmers will refer to it as the “grain marketing freedom day.” Others […] Read more