Reading Time: 2 minutes Chicago soybeans fell on Monday after an overnight rally with the mood in outside markets souring as U.S. President Donald Trump attacked U.S. Federal Reserve Chair Jerome Powell, causing concerns about the autonomy of the U.S. central bank.
U.S. grains: Soybeans pressured as Trump attacks Federal Reserve chair
P+H upgrading southwestern Ontario elevator
Improved unload times expected for wheat deliveries
Reading Time: < 1 minute Updated, April 6 — Agrifood firm Parrish and Heimbecker has started “major” upgrades on one of its southwestern Ontario grain elevators, with plans to dedicate the site to milling wheat. Winnipeg-based P+H said Tuesday the work already underway at its inland facility on Highway 21 just south of Kincardine will boost unloading speeds on grain […] Read more
Feed weekly outlook: Low demand, fewer acres expected for cheaper feed barley
Reading Time: 2 minutes MarketsFarm — As corn became the primary feed grain at Alberta feedlots over the past few months, the demand for — and price of — feed barley have diminished over time. But according to one trader, this won’t mean demand will shift from corn to barley anytime soon. Evan Peterson of JGL Commodities in Saskatoon […] Read more
CBOT weekly outlook: MGEX wheat spread widens over winter wheats
Reading Time: 2 minutes MarketsFarm — Hot, dry growing conditions in key spring wheat-growing regions of the northern U.S. and Canadian Prairies have seen Minneapolis (MGEX) spring wheat futures widen their spread over Chicago and Kansas City winter wheat contracts over the past few weeks — with additional strength likely given the current weather forecasts. Nearby spring wheat futures, […] Read more
Feed weekly outlook: Western Canadian market stabilizing
Reading Time: < 1 minute MarketsFarm — Western Canadian feed grain prices have come under pressure over the last month, but appear to be stabilizing as attention turns to spring seeding across the Prairies. “We’ve been steadily dropping for the past few weeks, and it’s leveled out now,” said Tracey Green, grain broker with Market Master Ltd. in Edmonton. Buyers […] Read more
Canadian barley, wheat futures fade away
Reading Time: 3 minutes CNS Canada — “If you build it, they won’t always come” turned out to be the case with ICE Futures Canada’s grain contracts, as they were finally delisted Thursday after years of little to no activity. Milling wheat and durum futures were introduced by ICE Futures Canada in 2012 in response to the end of […] 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
Prairie feed wheat relatively strong against milling wheat
Reading Time: 2 minutes CNS Canada –– Relative strength in the feed wheat market in Western Canada compared to milling wheat is making feed channels a more attractive option for some growers with lower-end milling wheat left to sell. “Right now, feed is pretty well on par with a lot of the base milling-grade wheats,” said Jared Seitz, trade […] Read more
VIDEO: The gluten story
Reading Time: < 1 minute If you’ve ever chewed a few kernels of wheat to make ‘gum,’ you’ve done a gluten test. Domestic and overseas wheat millers do a somewhat more sophisticated gluten test to determine how flour milled from different wheats will perform in a bakery. The gluten strength of different varieties has been in the news lately, and […] Read more
Winter wheat isn’t spring wheat
Ever wonder why buyers get so upset at the idea of mixing winter wheat with a shipment of spring?
Reading Time: 2 minutes Commercial bakeries need dependable flour to achieve consistent end-product quality, which means that traits such as extensibility, protein content, and water absorption must remain the same with each flour shipment. Millers around the world choose Canadian wheat because of its reputation for consistency among shipments, year after year. Canada Western Red Spring (CWRS) is regarded […] Read more
A message from April Stewart, Country Guide's Associate Editor
