Reading Time: 3 minutes A bad harvest followed by a wet, cool spring likely means that many producers won’t get all of their fields seeded this spring. And that means making the best of a bad situation. “Once we enter the middle of June, we’re looking at what producers can do with unseeded acres,” said Neil Whatley, crop specialist […] Read more
Unseeded acres this summer? Consider winter wheat
Producers have a few options for their unseeded acres this summer
The number of unseeded acres isn’t pretty
Reading Time: < 1 minute Even with a run of perfect weather, many northern producers are unlikely to finish seeding all their acres. As of May 23, (the last crop report before press time) just 57 per cent of seeding was complete province-wide versus the five-year average of 83 per cent. The north has particularly struggled with getting seed in […] Read more
U.S. grains: Corn nears one-year high on adverse weather
Chicago | Reuters — U.S. spot corn futures hit a near one-year high on Wednesday on forecasts for potentially stressful crop weather in the Midwest, while Minneapolis spring wheat futures retreated from a near two-year high. Soybeans followed corn higher. The weather jitters come as commodity funds hold large net short positions in corn, wheat […] Read more
Egypt’s wheat imports again uncertain as ergot ban looms
Cairo | Reuters — An Egyptian court has decided to reinstate a zero tolerance policy on common grain fungus ergot, lawyers on the case told Reuters on Tuesday, plunging trade with the world’s largest wheat importer back into uncertainty. Egypt last year scrapped a ban on ergot in grain imports after it effectively halted purchase […] Read more
U.S. grains: Spring wheat climbs on dry weather worries
Chicago | Reuters — Chicago wheat futures rose about 1.5 per cent Tuesday and Minneapolis spring wheat traded above US$6 a bushel for the first time in nearly two years on deteriorating spring wheat ratings amid hot and dry weather in the northern U.S. Plains, analysts said. Corn futures neared a three-month high and soybeans […] Read more
U.S. grains: Spring wheat futures climb on weather worries
Chicago | Reuters — U.S. spring wheat futures traded on the Minneapolis Grain Exchange (MGEX) closed higher on Monday for a fourth straight session on fears of hot, dry weather in the northern Plains, while corn and soybean futures ended fractionally higher. MGEX July spring wheat ended up 5-1/4 cents at $5.89 per bushel and […] Read more
Consultations sought on grading U.S. wheat imports
Grain industry consultations are needed before the Canada Grain Act is amended to allow imported U.S. wheat to receive a Canadian Grain Commission (CGC) grade, the Saskatchewan Wheat Development Commssion says. “(W)e need to have public consultations to figure out the consequences of adding more American grain to our system,” Sask Wheat chair Bill Gehl […] Read more
U.S. asks Canada to end ‘underhanded’ dairy pricing class
Reuters — The United States has asked Canada to eliminate a new “underhanded” dairy-pricing class that has undercut sales by U.S. dairies to Canadian processors, U.S. Agriculture Secretary Sonny Perdue said on Monday. Perdue was speaking to reporters after he met with Canadian Agriculture Minister Lawrence MacAulay in Toronto. Canada’s dairy farmers last year struck a […] Read more
U.S. grains: Minneapolis wheat surges on northern Plains dryness
Chicago | Reuters — U.S. spring wheat futures set a 5-1/2-month high on Friday, buoyed by expanding dryness in the northern Plains production belt, analysts said. Minneapolis Grain Exchange July spring wheat settled up five cents at $5.83-3/4 per bushel after reaching $5.90, the highest spot price since mid-January (all figures US$). The spot contract […] Read more
U.S. grains: Winter wheat hits two-week lows, spring wheat rallies
Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures and K.C. hard red winter futures dropped to two-week lows on Thursday as forecasts for dry conditions in key growing areas raised the prospect of a quick start to harvest for both crops. “We have got a little bit drier forecast,” said […] Read more