Reading Time: 3 minutes CNS Canada — Cash bids for Canadian wheat were mostly firmer during the week ended Friday. Strengthening U.S. futures were supportive, though basis levels widened in many regions. Prices are as of April 2, due to market closures on Good Friday. Average Canada Western Red Spring (CWRS) wheat prices were down 50 cents to up […] Read more

Prairie wheat bids firm amid widening basis levels

Another European (farm equipment) invasion
Here’s a narrow-row drill that might be in your future, if you’ve got the horsepower to pull it
Reading Time: 5 minutes In 2014, all eyes seemed to be on high-speed planting, with John Deere launching its new entry early in the year, joining the ranks of European manufacturers Amazone, Horsch and Vaderstad. Horsch was the latest to join the ranks with a high-speed corn planter in 2013 while Amazone and Vaderstad have been mainstays for several […] Read more
Russia may extend tax on wheat exports, deputy PM says
Reading Time: 2 minutes Moscow | Reuters — Russia may extend a tax on wheat exports beyond July 1, but is yet to make a final decision, Russian news agencies cited Deputy Prime Minister Arkady Dvorkovich, who is in charge of the sector, as saying on Friday. Russia has imposed the duty on wheat exports since Feb. 1 in […] Read more

Prairie wheat bids weaken slightly, basis improves
Reading Time: 3 minutes CNS Canada –– Wheat cash bids across Western Canada moved slightly lower in most classes during the week ended Friday, amid softness in U.S. futures and improving basis levels. Average Canada Western Red Spring (CWRS) wheat prices were steady to down about $4 per tonne, with bids ranging from $207 per tonne in north-central Saskatchewan […] Read more
Russia seen removing wheat tax in July if inflation slows
Reading Time: 2 minutes Moscow | Reuters — Russia, one of the world’s leading wheat exporters, will probably not extend a tax on wheat exports, imposed until June 30, if optimism over lower inflation and a large crop persists among officials, SovEcon consultancy said. Russia’s economy has been hit hard by low global oil prices and Western sanctions due […] Read more

Wheat bids on Prairies rise with U.S. futures
Reading Time: 2 minutes CNS Canada –– Wheat cash bids across Western Canada moved higher in most classes during the week ended Friday, with gains in U.S. futures behind much of the strength. Average Canada Western Red Spring (CWRS) wheat prices were steady to up by as much as $8 per tonne during the week, with bids ranging from […] Read more

VIDEO: The many definitions of bread
Reading Time: < 1 minute Bread is on one hand one of the world’s most common foods, but on the other hand one of the most varied. In this video, staff at the Canadian International Grains Institute (Cigi) talk about the different types of bread around the world, and how they work with customers to determine the best type of […] Read more

Prairie wheat bids rise with U.S. futures, improving basis
Reading Time: 2 minutes CNS Canada –– Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) cash bids moved higher in Western Canada during the week ended Friday, underpinned by strength in U.S. wheat futures and improving basis levels. Average CWRS wheat prices were C$6 to more than $9 per tonne higher during the week, with bids […] Read more

State of Prairie winter wheat still unknown
Reading Time: < 1 minute CNS Canada — Snow cover is rapidly disappearing across Western Canada, but it will still be a few weeks until the extent of any damage to winter wheat across the Prairies is fully known. “It’s still wait-and-see,” said analyst Bruce Burnett of Winnipeg grain firm CWB. The crop won’t start re-growing until the overnight temperatures […] Read more

CWRS wheat bids edge higher, other classes soften
Reading Time: 3 minutes CNS Canada –– Wheat cash bids across Western Canada saw some minor adjustments during the week ended Friday, with Canada Western Red Spring (CWRS) bids generally showing some improvement while other classes moved lower. Average CWRS wheat prices were steady to as much as $3 per tonne higher during the week, with bids ranging from […] Read more