Reading Time: 2 minutes “Continuous engagement” has led to a lighter regulatory load on Canadian wheat bound for Colombia, already Canada’s seventh-biggest wheat export market. The Canadian Food Inspection Agency and trade group Cereals Canada on Tuesday announced Colombia has eased phytosanitary import rules for Canadian wheat, “effectively putting Canada on a level playing field with other exporting countries.” Colombia’s […] Read more
Colombia clears paper trail for more Canadian wheat
Prairie CWRS bids mixed as basis adjustments vary
Reading Time: 3 minutes CNS Canada — Cash bids for Canadian wheat were mixed during the week ended Friday, due to basis adjustments that varied from location, to location. Average Canada Western Red Spring (CWRS) wheat prices were C$2.50 per tonne lower to $4 higher, with bids ranging from $185 per tonne in north-central Saskatchewan to $203 per tonne […] Read more
Wheat bids edge lower across Prairies
Reading Time: 3 minutes CNS Canada — Cash bids for Canadian wheat were down during the week ended Friday, as values reacted to adjustments in the U.S. futures and the foreign exchange markets. Average Canada Western Red Spring (CWRS) wheat prices were down by C$3 to $5 per tonne, with bids ranging from $181 per tonne in north-central Saskatchewan […] Read more
Daily price limits revised for CBOT grains futures
Reading Time: < 1 minute Chicago | Reuters — Daily price limits for Chicago Board of Trade (CBOT) corn and wheat futures will rise starting in May, while soybean limits will not change following a semi-annual review, CBOT parent CME Group said Thursday. Under exchange rules, the CBOT resets daily limits for grains and oilseeds in May and November of […] Read more
Prairie wheat bids slide with U.S. futures
Reading Time: 2 minutes CNS Canada — Cash bids for Canadian wheat were down during the week ended Friday, as losses in the U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by $10-$19 per tonne, with bids ranging from $185 per tonne in north-central Saskatchewan to $209 per tonne in Manitoba, according […] Read more
Russia’s ag ministry proposes to cancel wheat export tax
Reading Time: 2 minutes Moscow | Reuters — Russia’s agriculture ministry has proposed to the government to cancel a tax on wheat exports from July 1 when the 2015-16 marketing year starts, a source at the ministry told Reuters. Russia imposed the duty on wheat exports between Feb. 1 and June 30 in an effort to cool domestic food […] Read more
Prairie wheat bids drop with U.S. futures
Reading Time: 2 minutes CNS Canada –– Cash bids for Canadian wheat were down during the week ended Friday, as losses in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by C$8-10 per tonne, with bids ranging from $200 per tonne in north-central Saskatchewan to $219 per tonne in Manitoba, according to […] Read more
Prairie wheat bids firm amid widening basis levels
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
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