Reading Time: 3 minutes CNS Canada — With the durum wheat harvest rapidly approaching in Western Canada, many analysts wonder how the dry conditions and extreme heat will affect yields. Yet there is one aspect about this year’s crop they already know. Increased seeded acreage this spring, and market access problems hindering longer-term durum sales, mean farmers might want […] Read more
Durum markets rattled as harvest set to start
AGT managers seek to take company private
Reading Time: 2 minutes CNS Canada — Plans are afoot to take publicly-traded Saskatchewan pulse and specialty crop processing firm AGT Food and Ingredients private. AGT, in a release Thursday, said it has received a non-binding proposal from a senior management group, led by company CEO Murad Al-Katib, to acquire all its issued and outstanding common shares. The proposal […] Read more
U.S. spring wheat, durum expected to surge
Reading Time: < 1 minute CNS Canada — Data released today from the U.S. National Agricultural Statistics Service showed large expected increases in spring wheat and durum production this year. Spring wheat production in the country, not including durum, is forecast at 614 million bushels, up 48 per cent from 2017. Of that, 584 million bushels, or 95 per cent […] Read more
Morocco gives millers incentives to use domestic wheat
Reading Time: < 1 minute Rabat | Reuters — Morocco on Friday announced a set of incentives for local millers to opt for domestic wheat instead of imports. They include a flat rate subsidy of 10 dirhams (C$1.37) per 100 kilograms of soft wheat to millers using local wheat, the ministry of agriculture said in a statement. The benefits also […] Read more
Canola stocks comfortable, eyes on new crop
Reading Time: 2 minutes CNS Canada — Canadian canola stocks are rather large heading into the new growing season, but attention now is firmly on new-crop production. Statistics Canada on Friday pegged canola supplies in the country as of March 31 at 9.1 million tonnes, the second-largest on record for that time of year and about 1.1 million tonnes […] Read more
Prairie wheat bids mixed while U.S. futures rise
Reading Time: 2 minutes CNS Canada — Wheat bids in Western Canada were mixed for the week ended Thursday, while U.S. wheat futures rose. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some unchanged and others rising by $1-$2, according to price quotes from a […] Read more
Steady to lower durum market expected
Reading Time: 3 minutes CNS Canada — Larger-than-expected production, a seasonal slowdown in demand and looming Italian country-of-origin-labeling regulations all loom over the Canadian durum market, with steady to lower prices anticipated over the next few months. Italian COOL regulations are set to come into effect in mid-February and require pasta makers in the country to segregate foreign durum, […] Read more
Canada to probe claims of Turkish pasta dumping
Reading Time: 2 minutes Three Canadian makers of dry wheat pasta have got their wish for a probe into whether competing products from Turkey are being dumped into the Canadian market. The Canada Border Services Agency (CBSA) announced Tuesday it has launched an investigation into whether certain pasta products originating in or exported from Turkey are being sold at […] Read more
CPSR wheat popular for pasta and breads in Latin America
Maintaining an ongoing relationship with Latin American customers is important as competitor wheats such as those from the U.S. and Black Sea region are slowly making inroads
Reading Time: 3 minutes For Latin Americans, Canada Prairie Spring Red (CPSR) wheat is a top choice for the production of pasta and for flour blending in commercial bread baking. José Fernando Chacón Valencia, production and project manager for Harinera del Valle, a major milling and food processing company in Colombia, says that in the past several years his […] Read more
Prairie wheat bids mixed with choppy loonie
Reading Time: 2 minutes CNS Canada — Hard red spring wheat bids in Western Canada were mixed for the week ended Friday, as the Canadian dollar saw wide price swings during the course of the week. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $1 per tonne in […] Read more
A message from April Stewart, Country Guide's Associate Editor
