Reading Time: < 1 minute CNS Canada –– Concerns over poor-quality North American wheat crops have seen the Minneapolis spring wheat premium widen over Kansas City winter wheat — and that spread could grow even larger heading into the summer, according to a U.S. analyst. The nearby MGEX spring wheat contract settled up 3.75 cents on Wednesday, while the corresponding […] Read more
MGEX spring wheat premium widening over winter wheat
Mixed conditions loom over Manitoba winter cereals
Reading Time: < 1 minute CNS Canada — A mix of freezing and warming conditions put Manitoba’s winter cereals in uncertain condition, following months of promising weather, according to the head of an industry group. Manitoba’s winter wheat and fall rye crops had ample snow cover throughout the winter, which supported crops, but more recently, conditions turned slushy, then froze […] Read more
Ontario cereals lab filling nationwide demand
Reading Time: 3 minutes Grain Farmers of Ontario and SGS Canada took a risk in creating the Grains Analytical Testing Laboratory, as a partnership bringing wheat testing to a province with a comparatively small wheat crop. After eight months, and a first harvest of wheat analytics, the Guelph lab’s manager says they have found there is interest in the […] Read more
U.S. wheat market watching weather closely
Reading Time: < 1 minute CNS Canada — U.S. wheat futures posted sharp losses over the past few weeks, but values found support on Tuesday as weather forecasts provide nearby direction, according to an analyst. Minneapolis and Kansas City wheat contracts lost roughly US30-40 cents per bushel over the past month, as ample world supplies weighed on values. “We’ve certainly […] Read more
U.S. farmers cut winter wheat acres to 108-year low
Reading Time: 2 minutes Washington | Reuters — U.S. farmers slashed their winter wheat plantings to the lowest in more than a century as supplies of the grain ballooned to a 29-year high, the U.S. Agriculture Department said Thursday. USDA also dialed back its harvest estimates for the U.S. soybean and corn crops but 2016-17 marketing year production of […] Read more
Winter cereal acres unclear due to wet conditions
Reading Time: < 1 minute Commodity News Service Canada/Winnipeg – Variable conditions across Manitoba and Saskatchewan have made it difficult to estimate winter cereal acreage, the head of an industry group says. But crops that are in the ground have seen mostly favourable weather. Jake Davidson, executive director of Winter Cereals Canada Inc., said he’s waiting for data from Statistics […] Read more
Canada resets mildew grading standards on milling wheat
Reading Time: 2 minutes Canada’s visual grading standards for mildew in Prairie milling wheat have been relaxed to reflect what’s now known about the actual quality of affected wheat. The Canadian Grain Commission on Friday announced new mildew guidelines, “effective immediately,” for western Canadian milling wheat classes, to allow for an “increased presence” of mildew in visual guides and […] Read more
MGEX spring wheat futures pull away from winter wheat
Reading Time: 2 minutes CNS Canada — Minneapolis spring wheat futures are pulling away from their winter wheat counterparts, as quality issues with the North American spring wheat crop bring in protein premiums, according to an analyst who said there was more room to the upside in spring wheat. Kansas City and Chicago winter wheat contracts hit 10-year lows […] Read more
Egypt’s wheat corruption scandal takes down supply minister
Reading Time: 3 minutes Cairo/Abu Dhabi | Reuters — Egypt’s Minister of Supply Khaled Hanafi has resigned amid the highest-profile corruption case since President Abdel Fattah al-Sisi came to power in 2014. Hanafi’s resignation is the most senior-level fallout from a probe into whether millions of dollars intended to subsidize farmers were used to purchase wheat that did not […] Read more
Manitoba threshing bee yields new world record
Reading Time: < 1 minute Owners and operators of antique threshing machines unofficially cracked the world record for a threshing bee at a fundraising event Sunday for the Canadian Foodgrains Bank and Manitoba Agricultural Museum. The Harvesting Hope event, held at the museum site at Austin, about 45 km west of Portage la Prairie, saw 139 threshing machines run simultaneously […] Read more
A message from April Stewart, Country Guide's Associate Editor
