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Spring Wheat

Cereals, Crops, Markets, Spring Wheat

Wheat bids down again

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Reading Time: 2 minutes CNS Canada — Average bids for Canada Western Red Spring (CWRS) wheat moved down by an average of $2 to $5 per tonne across Western Canada during the week ended Friday, as large global wheat supplies weighed on the North American market. The highest CWRS prices were still available in Manitoba, but average bids in […] Read more
(Country Guide file photo)
Cereals, Crops, Markets, Spring Wheat, Weather

Bigger feed wheat supplies to stay put for now

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Reading Time: 2 minutes CNS Canada — Adverse weather conditions over the past month, including snow in Alberta and untimely rains in many other regions of the Prairies, are expected to lead to quality downgrades in Canada’s wheat crop. While a greater percentage of the wheat in the country will likely go to feed than normal, Canada is unlikely […] Read more
(Country Guide file photo)
Cereals, Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids follow U.S. futures lower

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Reading Time: 2 minutes CNS Canada — Bids for Canada Western Red Spring (CWRS) at moved down at most locations across Western Canada during the week ended Friday, despite mounting weather-related concerns across the Prairies, as losses in U.S. futures weighed on prices. The highest CWRS prices were still available in Manitoba, but average bids in the province declined […] Read more
Crops, Markets, Reuters, Spring Wheat, Weather

Recently-seeded Argentine wheat threatened by rain

Reading Time: < 1 minute Buenos Aires | Reuters — Heavy rains in Argentina’s farm belt over recent days have increased the risk of wheat crop loss, the Buenos Aires Grains Exchange said in its weekly crop progress report Thursday. Wheat in the South American grains powerhouse is planted mostly in May through July and harvested November through January. The […] Read more
(Country Guide file photo)
Cereals, Crops, Markets, Spring Wheat

Prairie CWRS bids firm, CPSR holds steady

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Reading Time: 2 minutes CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) were firmer, while Canada Prairie Spring Red (CPSR) wheat bids were holding steady during the two weeks ended Monday. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at around C$197 per tonne ($5.36 per bushel). […] Read more
Canadian durum exports still the best, but more consistency needed
Cereals, Crops, Spring Wheat

Canadian durum exports still the best, but more consistency needed

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Reading Time: < 1 minute International durum buyers visiting the Canadian International Grains Institute (Cigi) recently said they are seeing less consistency in their purchases from Canada since the end of single-desk marketing. “Sometimes we see peaks in proteins or test weight,” said Italian broker Miria Filomena Balletta in an interview. “Not just in the same cargo, but in the […] Read more
Cereals, Corn, Crops, Markets, Reuters, Spring Wheat, Winter Wheat

GRAINS: Nearby soy rallies on low old-crop supply; MGEX wheat jumps

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Reading Time: 2 minutes Reuters — Nearby U.S. soybean futures climbed to a one-week high on Friday as U.S. processors scrambled to find scarce old-crop supplies, with the start of the next harvest still at least a month away in the Midwest. MGEX spring wheat futures touched a two-week high amid concerns about excessive rains hurting crops in key […] Read more
Cereals, Crops, Markets, Spring Wheat

European quality issues support Prairie durum bids

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Reading Time: 2 minutes CNS Canada — Durum bids in Western Canada are showing strength relative to other wheat classes, with premiums for higher-quality supplies expected to remain in place or widen as the industry awaits Canada’s crop. Canada’s 2014-15 durum crop is estimated at 4.9 million tonnes by Statistics Canada, which compares with 6.5 million the previous year. […] Read more
Cereals, Corn, Crops, Markets, Soybeans, Spring Wheat, Winter Wheat

USDA projects record U.S. corn, soybean production

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Reading Time: 2 minutes Reuters — U.S. corn production will crack the 14-billion-bushel mark for the first time in 2014, the U.S. Department of Agriculture said on Tuesday, but the crop was slightly below trade expectations, potentially giving a bullish kick to the beaten-down corn futures market. At 14.03 billion bushels, the estimated crop fell short of trade estimates […] Read more

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