Reading Time: 5 minutes With strong grain prices over the past few years, marketing has been relatively easy. Sure, there’s been the perennial question of whether the market will go higher or lower. But finding profitable prices wasn’t exactly searching for a needle in a haystack. As long as they got the yield in the field, profits were largely […] Read more
Opportunities in grain marketing
In a tough market, everyone says “shop your grain around.” But what’s the best way to do that?
Prairie CWRS wheat bids edge down
Reading Time: 2 minutes CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Friday, despite a firmer tone in U.S. futures as basis levels slipped slightly. In Manitoba, the average CWRS price declined to C$234 per tonne, from $236 the previous week. Average losses of $1 to $5 per […] Read more
Letter to the editor, Dec. 5, 2014
Reading Time: 2 minutes Rod Nickel’s article,“Canada’s wheat exports dogged by quality complaints,” incorrectly states that there has been an increase in the number of complaints from buyers of Canadian wheat since the removal of the single desk marketing authority from the Canadian Wheat Board. Since 2011-12, the last crop year that Canadian wheat was marketed through the Canadian […] Read more
Canada’s wheat exports dogged by quality complaints
Reading Time: 3 minutes Winnipeg | Reuters –– Buyers of Canadian wheat are increasingly complaining about quality ever since Ottawa changed how its biggest crop is sold and inspected, raising the risk the world’s third largest exporter will lose sales to rivals such as the U.S. EDITOR’S NOTE: Click HERE to read a Dec. 5 letter to the editor […] Read more
CWRS wheat bids rise with U.S. futures
Reading Time: 2 minutes CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved higher during the week ended Friday, as a rally in the U.S. futures provided some support. In Manitoba, the average CWRS price rose to $236 per tonne, from $232 per tonne the previous week. Average gains of $5 to $10 per […] Read more
CWRS wheat bids edge down in Western Canada
Reading Time: 2 minutes CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Friday, with adjustments to basis levels behind much of the declines. In Manitoba, the average CWRS price declined to $232 per tonne, from $234 the previous week. Similar losses were noted across the rest of the […] Read more
When it comes to crop rotation planning, there’s an app for that
#PestPatrol with Mike Cowbrough, OMAFRA
Reading Time: < 1 minute Crop prices are certainly more bearish now than they have been during the past two seasons, and because of this some farmers will question whether they should tweak their cropping rotation in the short term or stay the course. Now there is a smartphone app called “Cash Cropper” that will help you to evaluate: The […] Read more
U.S. wheat futures consolidate, but more strength possible
Reading Time: 2 minutes CNS Canada — U.S. wheat futures have run into some resistance after posting solid gains recently, and could see some more consolidation in the short term. However, there are still a number of supportive factors at play in the wheat market, according to an analyst. “The rally has really slowed down, and we’ve reversed from […] Read more
Prairie spring wheat bids rise with U.S. futures
Reading Time: 2 minutes CNS Canada –– Average cash bids for Canada Western Red Spring (CWRS) wheat moved higher during the week ended Friday, as strengthening U.S. futures provided support. In Manitoba, the average CWRS price rose to $234 per tonne, from $223 the previous week. Similar gains were noted across the rest of the Prairies, with average prices […] Read more
Australian farmers hold back wheat sales as dryness curbs yields
Reading Time: 2 minutes Reuters — Australian farmers are holding back wheat crop sales as dryness in parts of the country’s eastern grain belt cuts yields, raising the likelihood for a boost to global prices that have dropped 13 per cent this year. Farmers in the world’s fourth biggest wheat exporter have sold only about a quarter of this […] Read more