MarketsFarm — Spring wheat bids in Western Canada saw some mixed activity during the week ended Thursday (Dec. 22), with small losses reported for red spring wheat in Manitoba, while prices were up in Alberta and Saskatchewan. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by 30-40 cents in […] Read more
Prairie cash wheat: Bids mostly higher
U.S. wheat futures up on week
CBOT weekly outlook: U.S. winter wheat to feel the cold
Crop off to 'a really bad start'
MarketsFarm — With frigid weather coming out of the Arctic, across the Canadian Prairies and into the U.S., there has been an upswing in wheat prices at the Chicago Board of Trade (CBOT). Prior to Christmas Day, temperatures are expected to fall as cold as -40 C in the northern Plains to below freezing in […] Read more
Trial examines plant growth regulators under real-life conditions
There was a reduction in lodging but PGR effectiveness depends on the product, variety and location
Reading Time: 4 minutes Do plant growth regulators reduce lodging in wheat? They had an impact, but not a huge one, in an on-farm field trial done under the Plot2Farm program this year. “What we’ve seen is that they are not a silver bullet when it comes to lodging,” said Jeremy Boychyn, agronomy research extension manager for Alberta Barley […] Read more
Top quality wheat crop this year
Reading Time: < 1 minute A high proportion of this year’s wheat crop is of “excellent quality,” falling into the top two grades, with high protein content across all Canadian wheat classes, says Cereals Canada and the Canadian Grain Commission. The New Wheat Crop Report says more than 90 per cent of both Canada Western Red Spring and Canada Prairie […] Read more
Prairie cash wheat: Prices a mixed bag across West
U.S. wheat futures down on week
MarketsFarm — Wheat prices on the Canadian Prairies for the week ended Thursday were mixed as CWRS wheat was either side of unchanged and CPSR was down slightly. Meanwhile, durum made modest gains. Declines in the U.S. wheat complex put pressure on western Canadian cash prices, but those declines were countered by a weaker Canadian […] Read more
Prairie cash wheat: U.S. futures drag on bids
MarketsFarm — Wheat futures on the Chicago Board of Trade (CBOT) hit multi-month lows, which put pressure on Western Canadian wheat bids, during the week ended Thursday. Despite tighter wheat supplies in the U.S. and worldwide compared to last year, as well as the ongoing Russian invasion of Ukraine, wheat futures reached depths which weren’t […] Read more
Speculative short position grows in canola
Managed money still net long in soybeans
MarketsFarm — Speculators in the ICE Futures canola were busy liquidating long positions and adding to the short side of the market during the last week of November. That’s caused the net short position to grow to its largest level in two months, according to the latest Commitments of Traders (CoT) report compiled by the […] Read more
Prairie cash wheat: Bids drop with U.S. futures
Canadian dollar also down on week
MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday, as U.S. wheat futures posted losses — although softness in the Canadian dollar did provide some underlying support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3.50-$6.40 per tonne across the Prairies, according […] Read more
All in all, it wasn’t a bad crop year – and that’s welcome news
Keep an eye out for flea beetles, grasshoppers and bacterial leaf streak in the coming year
Reading Time: 4 minutes A lot of flea beetles, few diseases and pretty good yields are highlights of this growing season for three crop specialists. “In general, we’re at or above average for the five-year (yield) average and some of the 10-year averages,” said Jeremy Boychyn, agronomy research extension manager with Alberta Wheat and Alberta Barley. “All of Alberta […] Read more
Prairie cash wheat: Bids steady following Ukraine volatility
U.S. wheat futures up on week
MarketsFarm — A roller-coaster type of week for grain markets, fuelled by the ongoing conflict between Ukraine and Russia, ended with slightly higher bids for western Canadian wheat for the week ended Thursday. As optimism grew over the renewal of Russia’s agreement to allow Ukrainian grain shipments on the Black Sea, wheat futures on the […] Read more