(Photo courtesy Canada Beef Inc.)

Declining wheat futures watch corn for further direction

Reading Time: 2 minutes CNS Canada — U.S. wheat futures have posted large losses over the past three weeks, but will be watching corn to provide some further direction in the near future, according to a wheat broker. The U.S. Department of Agriculture releases a number of closely watched reports on Monday (Jan. 12), including winter wheat seedings, quarterly […] Read more


grain grading

Quality issues with some wheat crops, but it’s not all bad

With 2014 in the bin, there may be pricing opportunities as the trade turns to blending to hit grade specs

Reading Time: 5 minutes Just over a year ago, Bruce Burnett, the Canadian Wheat Board’s head of weather and crop research, stood in front of the 2014 Cereals North America conference and spun the unlikely tale of a late harvest that delivered a large and high-quality crop. Rolling the clock forward to this fall, Burnett again took the podium, […] Read more

Wheat midge populations to collapse in parts of Alta.

Reading Time: 2 minutes CNS Canada — Recent large wheat midge populations in the eastern Peace region of Alberta are expected to collapse in 2015, according to a forecast report from the Alberta Insect Pest Monitoring Network. But there is still a risk of higher populations in the region due to the very large levels of the insect population […] Read more


China expected to boost imports of protein-rich wheat

Reading Time: 2 minutes Beijing/Singapore | Reuters — Chinese wheat buyers are likely to step up imports of higher quality grains to meet a domestic shortfall even though total overseas purchases are forecast to tumble this year due to bumper production at home, analysts and traders said. China, the world’s biggest wheat producer and consumer, has seen output climb […] Read more

(Country Guide file photo)

Prairie CWRS bids ease with U.S. futures

Reading Time: 2 minutes CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat deteriorated slightly during the week ended Friday, as losses in the US futures weighed on values. CWRS prices were $2-$5 per tonne lower across the three Prairie provinces, with average values ranging from about $205 per tonne in north-central Saskatchewan to $219 […] Read more


(Country Guide file photo)

Prairie CWRS bids ease along with U.S. futures

Reading Time: 2 minutes CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat were softer during the week, following declines seen in U.S. wheat futures. CWRS prices ranged from $4 to $7 per tonne lower in Alberta and Saskatchewan. The best pricing opportunities were still available in Manitoba, where prices were down almost $8 at […] Read more

Iraq buys 200,000 tonnes hard wheat from Canada, U.S., Australia

Reading Time: < 1 minute Hamburg | Reuters — Iraq’s state grains board has purchased 200,000 tonnes of hard wheat to be sourced from Canada, the U.S. and Australia in an international tender for at least 50,000 tonnes, European traders said on Monday. The purchase comprised 100,000 tonnes of Canadian wheat, 50,000 tonnes of U.S. wheat and 50,000 tonnes of […] Read more


Russian grain exporters stop buying

Russian grain exporters stop buying

Reading Time: 2 minutes Moscow / Reuters — A Russian grain exporters’ group that accounts for about three-quarters of the country’s shipments said on Friday it had stopped buying for export until domestic prices cool down. The move follows informal government measures to restrict exports as Moscow tackles a currency crisis, including through toughening of quality controls and a […] Read more

CME Group imposes rare halt on wheat futures trading

Reading Time: < 1 minute Chicago | Reuters –– CME Group briefly halted electronic trading in U.S. wheat futures overnight on Thursday, after prices sank 1.6 per cent in one second as concerns about Russian export curbs roiled the market. The 10-second pause represented only the fourth time this year that the world’s largest futures exchange operator has interrupted trading […] Read more