Reading Time: < 1 minute CNS Canada — Nearby technical signals for MGEX spring wheat futures in Minneapolis have turned bullish, as prices rallied during the first part of June. However, the market remains rangebound from a longer-term perspective. The July wheat contact in Minneapolis has climbed by 50 cents per bushel since June 1, and settled Tuesday at US$5.8275. […] Read more
Nearby spring wheat charts looking bullish
U.S. spring wheat seeding ahead of average pace
Reading Time: < 1 minute CNS Canada — Hard red spring wheat planting in the U.S. is underway and advancing faster than average due to favourable warm, dry weather in many regions, according to the North Dakota Wheat Commission’s crop progress report. As of Sunday, 17 per cent of the U.S. spring wheat crop was in the ground, up from […] 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
