Reading Time: 4 minutes [UPDATED: Nov. 22, 2019] The ‘harvest from hell’ has resulted in one of the worst years in recent memory for sprout damage. That’s pushed down falling numbers and — since grain buyers have different approaches to handling this issue — increased the need for farmers to know the falling numbers for their wheat. But if […] Read more
Knowing your wheat’s falling number critical this year
U.S. grains: Soybeans up on increased optimism for trade deal
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures crawled higher on Friday on increased optimism that the U.S. and China may soon strike a deal to ease their trade war. Sentiments improved about the prospects for an agreement after White House economic adviser Larry Kudlow said on Thursday evening that the two sides were “getting close” […] Read more
U.S. grains: Soybeans set one-month low on trade doubts
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped to a one-month low on Thursday as doubts over the chances for the U.S. and China to reach a trade deal soon hung over the market. Corn futures inched up, while wheat slumped. Price movements were limited by uncertainty over progress in talks between Washington and Beijing […] Read more
Syngenta to halt Canadian cereal development operations
Reading Time: 2 minutes Seed and ag chem giant Syngenta plans to wrap up a decade of cereal seed research and development work in Canada by the end of the year. The company announced Wednesday it will discontinue its Canadian cereal seed research and development program effective at the end of calendar 2019, affecting five Syngenta Canada staff positions. […] Read more
CWRS bids edge lower with Minneapolis futures, CPSR up
Reading Time: 2 minutes MarketsFarm – Wheat bids in Western Canada were mixed during the week ended Nov. 7, with a steady to lower tone in Canada Western Red Spring Wheat as a downtrend in the Minneapolis future weighed on values. However, the Chicago and Kansas City winter wheat contracts trended higher, which underpinned Canada Prairie Spring Red (CPSR) […] Read more
Feed weekly outlook: Barley, feed wheat at par in southern Alberta
Reading Time: < 1 minute MarketsFarm – Feed barley prices in southern Alberta’s feedlot alley moved higher over the past few weeks, but the price rise will likely slow down as barley trades at par with feed wheat. Feed barley and feed wheat are both currently trading at around C$225 per tonne delivered into Lethbridge, Alta. “That’s a sell signal […] Read more
Western Canadian wheat bids mixed as loonie retreats from highs
Reading Time: 2 minutes MarketsFarm – Wheat bids in Western Canada were mixed for the week ended Oct. 31. Canadian Western Red Spring Wheat (CWRS) was lower, while Canada Prairie Red Spring (CPRS) was steady to lower. Canadian Western Amber Durum (CWAD) was steady to higher. The Canadian dollar dropped almost a half cent from three-month highs to hover […] Read more
Feed weekly outlook: Feed grain prices a mixed bag
Reading Time: < 1 minute MarketsFarm – Feed grain prices reflected the mixed bag of harvest conditions across the Prairies, which produced feed grains of varying quality. In particular, for feed wheat that came off the fields dry and in good condition, prices were around C$5.50 per bushel. However, there’s about a 50-cent discount for tough feed wheat, and moisture […] Read more
Western Canadian wheat bids mostly lower
Reading Time: 2 minutes Wheat bids in Western Canada were mostly lower for the week ended October 24. Losses were observed in Canadian Western Red Spring Wheat (CWRS) and Canadian Red Spring (CPSR), with Canadian Western Amber Durum (CWAD) staying steady to slightly lower. Average CWRS (13.5 per cent) wheat prices were down by C$7 to C$8 per tonne, […] Read more
Alberta farmers well ahead of last year’s pace
Reading Time: 2 minutes With decent weather, Alberta farmers made good harvest progress for the week ended Oct. 22, according to the province’s latest weekly crop report issued Oct. 25. Province-wide progress vaulted from just under 59 per cent for the week ended Oct. 15 to almost 74.5 per cent. That said the overall harvest remains behind the five-year […] Read more