Reading Time: 8 minutes A proposal by the Canadian Grain Commission (CGC) to add two grading factors to its list of parameters is stirring considerable debate, mostly among members of the western Canadian food value chain, but also in the east. The two factors revealed in a document published by the CGC late last year are falling number (FN) […] Read more
Guess who’s paying for new grain grading?
New CGC regulations would add DON and falling number to Canada’s grade specifications
Feed weekly outlook: Feed grain bids fall with rain
Reading Time: < 1 minute MarketsFarm – Improving crop conditions have weighed on Western Canadian feed barley prices over the past month as attention turns from the tight old crop supply situation to the upcoming harvest. “Prices are dropping every day it rains,” said Mike Fleischhauer of Eagle Commodities in Lethbridge, Alta. He said barley prices have come off by […] Read more
What do farmers really think about seed royalties?
The West’s general farm organizations have created an online survey to get farmers’ view on cereal seed royalty proposals
Reading Time: 2 minutes Canadian farmers are being asked their opinion about proposed changes to seed royalties for cereals by Western Canada’s three general farm organizations. The Keystone Agricultural producers (KAP), Agricultural Producers Association of Saskatchewan and Alberta Federation of Agriculture, launched the online survey July 15 to measure farmers’ understanding of what’s being proposed and get their views, […] Read more
South central North Dakota wheat tour sees yields seen above average
Reading Time: 2 minutes North Dakota | Reuters – Wheat yield potential in south central North Dakota is trending above average, with the crop benefiting from ideal weather following a wet spring that delayed planting, scouts on annual tour found on Tuesday. “This is really good wheat for out here,” said Dave Green, executive vice president of the Wheat […] Read more
Federal report expects canola output down, wheat up
Reading Time: < 1 minute MarketsFarm — Expectations for canola production in Canada were revised downward Friday by Agriculture and Agri-Food Canada (AAFC). AAFC has now estimated Canadian farmers will produce 18.575 million tonnes of canola in 2019, down about 8.7 per cent from its previous estimate. Earlier this week, MarketsFarm analyst Bruce Burnett predicted canola production would be down […] Read more
U.S. grains: Wheat, soybeans slightly lower after midday rise
Reading Time: < 1 minute Chicago | Reuters — Chicago wheat and soybean futures settled slightly lower on Wednesday as forecasts for cooler weather lifted expectations for better crop conditions after this week’s hot spell, though corn edged higher. Markets had been falling since Monday’s U.S. Department of Agriculture (USDA) weekly crop progress report, which showed conditions for soy and […] Read more
U.S. grains: Corn pulls back from five-year high
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade grain futures settled down on Monday after corn touched a five-year high and soybeans reached a one-year peak, as forecasts for rain in U.S. crop-growing areas eased concerns about hot, dry weather. A recent warm, dry spell had fueled worries that corn could be damaged during crucial […] Read more
U.S. grains: Corn tops three-week high on heat wave
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures exceeded a three-week high on Friday and soybeans advanced as forecasts for a heat wave fuelled concerns about potential damage to crops growing in farmers’ fields. Traders focused on worries about hot, dry conditions after heavy rains and flooding caused unprecedented delays in corn planting this spring. The […] Read more
CBOT weekly outlook: World wheat output seen lower than expected
Reading Time: < 1 minute MarketsFarm — Parts of the U.S. Department of Agriculture’s latest world agriculture supply and demand estimates (WASDE) have “caught the trade off guard,” according to one trader. In its report, released Thursday, USDA significantly cut production volumes in Canada, Australia, Russia and Ukraine. In total, global wheat production was down 9.4 million tonnes, and stocks […] Read more
Feed weekly outlook: Grain prices back off previous highs
Reading Time: < 1 minute MarketsFarm — Feed barley prices have come down from June highs, which saw prices around $300 per tonne. Currently, feed barley is around $275-$280 as market participants anticipate arrival of new crops. However, demand for feed grains remains high, as “we’re still dealing with a full feedlot,” said Brandon Motz of CorNine Commodities at Lacombe, […] Read more