The Prairie provinces’ three wheat commissions are set to take a team approach to research funding through a new not-for-profit body. The Alberta Wheat Commission, Sask Wheat and the Manitoba Wheat and Barley Growers Association on Tuesday announced the formation of the Canadian Wheat Research Coalition (CWRC) to “facilitate long-term investments aimed at improving profitability […] Read more
Prairie wheat commissions to collaborate on research funding
U.S. grains: Wheat extends drop to fresh contract lows
Chicago | Reuters — U.S. wheat futures sank to contract lows on Tuesday, weighed down by abundant global supplies and technical selling as prices extended a fall that started in early July. Chicago Board of Trade corn futures weakened slightly to the lowest levels in about a year, following the declines in wheat, while soybean […] Read more
U.S. grains: Corn drops to nearly one-year low
Chicago | Reuters — U.S. grain prices fell about one per cent on Monday, with benchmark Chicago Board of Trade December corn sinking to a nearly one-year low, on technical selling and easing concerns that dry weather would reduce harvests. Several CBOT wheat futures contracts dropped to lifetime lows, while soybeans notched small declines. Soyoil […] Read more
U.S. seeks WTO dispute panel on China’s grain import quotas
Geneva | Reuters — The United States has requested a World Trade Organization panel be set up to investigate Chinese tariff-rate quotas (TRQ) for agricultural products, the WTO said on Monday, setting up a showdown between the two largest economies. The row, which includes tariffs for wheat, rice, and corn, was initiated under the Obama […] Read more
Dry conditions continue to reign in south, six per cent of crops harvested
Alberta crop conditions as of August 15
Reading Time: 2 minutes Dry conditions continued in the Southern Region and some parts of the Central Regions, with a few areas receiving a brief reprieve. A portion of the North East Region received up to 70 to 90 mm rain, while most of the Peace region had less than 5 mm of rain. Provincially, crop growing conditions did […] Read more
U.S. grains: Corn, soy, wheat rise but post weekly declines
Chicago | Reuters — U.S. corn, soybean and wheat futures firmed on Friday, but outlooks for good weather for crop development limited attempts at a rally, traders said. All three commodities posted weekly losses. “Ongoing pressure from large supplies and lack of a weather threat kept markets on the defensive this week,” Farm Futures analyst […] Read more
U.S. grains: Wheat falls to contract lows on fund selling
Chicago | Reuters — Chicago Board of Trade wheat futures fell about one per cent to life-of-contract lows on Thursday, weighed down by investment fund short selling and abundant global supplies, traders said. Corn futures also eased but held just above Wednesday’s multimonth lows while soybean futures gained on strong Chinese demand and as rains […] Read more
U.S. grains: Wheat, corn futures ease, soy firms
Chicago | Reuters — Chicago Board of Trade wheat futures sank to contract lows on Wednesday as ample global supplies provided overseas buyers with cheaper alternatives to U.S. offerings in export deals, traders said. Corn futures also were lower, pressured by the drop in wheat as well as good weather for crop development across the […] Read more
Prairie grain growers have a big stake in NAFTA talks
Trade deal has produced great benefits and can be made even better
Reading Time: 3 minutes The North American Free Trade Agreement has been a boon for Canadian agricultural producers, facilitating cross-border trade and commerce, and fuelling the economic performance and growth of this highly export-driven sector. It has achieved this mainly through the continued reduction of tariffs on agricultural goods, but also through measures addressing non-tariff trade barriers, sanitary and […] Read more
U.S. grains: Corn slips to 10-month low on U.S. crop conditions
Chicago | Reuters — Chicago Board of Trade corn tumbled to a 10-month low on Tuesday and soybeans fell to a six-week low as rains boosted expectations for bumper U.S. crops, traders said. Some CBOT wheat and K.C. wheat futures dropped to life-of-contract lows on technical selling and as a stronger dollar threatened to make […] Read more