MarketsFarm — A sharp reduction of wheat acres in war-torn Ukraine and poor crop conditions in the United States all brought support to wheat bids in Western Canada for the week ended Thursday. Russia’s invasion of Ukraine has not only posed major difficulties exporting grain out of the country, but will also prevent wheat acres […] Read more
Prairie cash wheat: Bids up on Ukraine projections, poor U.S. winter wheat conditions
U.S. May wheats up on week
Cereal commissions offer new, and different, seeding rate calculator
The calculator targets seeds per square foot, not plants, while a new video looks at row spacing
Reading Time: 2 minutes Alberta Wheat and Alberta Barley have created a seeding rate calculator that has a significant difference from similar tools — it doesn’t require users to estimate emergence mortality. “Instead of targeting plants/ft2, this calculator targets seeds/ft2,” the cereal commissions say in an intro for the online tool. “Therefore, emergence mortality is not included in the […] Read more
U.S. grains: Chicago wheat firmer on U.S. crop conditions’ decline
CBOT corn, soybeans also gain
Chicago | Reuters — Chicago wheat climbed on Tuesday as worse-than-expected U.S. crop conditions added to global supply concerns already heightened by Russia’s invasion of Ukraine. Corn and soybeans were also higher, bolstered as U.S. growers weigh last-minute planting decisions. The most active wheat contract on the Chicago Board of Trade (CBOT) ended 35 cents […] Read more
Prairie cash wheat: Peace talks, USDA report pull on wheat futures
MarketsFarm — While peace prospects in Ukraine brought pressure onto wheat futures early on, a U.S. Department of Agriculture report caused the prices for two major western Canadian wheat varieties to close at different levels for the week ended Thursday. On the Chicago Board of Trade (CBOT), wheat futures declined when talks between Russia and […] Read more
Prairie cash wheat: Spring wheat nudges higher, durum dips
MarketsFarm — Wheat prices on the Prairies during the week ended Friday saw moderate gains in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats while Canada Western Amber Durum (CWAD) eased slightly. The war in Ukraine continued to play havoc in the markets. After strong increases at the start of the […] Read more
Russia’s war could affect agriculture around the globe
Fallout from the invasion could prompt a rethink and reordering of current systems, say economic experts
Reading Time: 4 minutes Russia’s invasion of Ukraine will not only roil commodity markets in the short term, but could lead to some structural changes to agriculture both here and abroad. [READ MORE] Farming behind the lines in Ukraine Livestock production, the rise of faux meats, phosphorus recycling and biofuels were some of the issues raised by ag economic […] Read more
Prairie cash wheat: Bids rise in choppy activity
U.S. wheat futures up on week overall
MarketsFarm — Spring wheat bids across Western Canada moved higher during the week ended Thursday, although the uncertain situation in Ukraine saw some wide price swings in U.S. wheat futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $11.30-$16.30 per tonne, according to price quotes from a cross-section […] Read more
Hybrid rye brings flexibility and vigour for cattle feeders
Still a relatively new crop here, hybrid rye deserves a good look as a feed grain, say proponents
Reading Time: 4 minutes Hybrid rye might just be the closest a producer can come to a one-size-fits-all solution for feeding cattle, attendees at a recent webinar were told. “There’s a lot of flexibility to it,” said Nathan Penner, commercialization manager at FP Genetics. “The thing I like about it is there’s options to use it in multiple different […] Read more
Prairie cash wheat: Russia-Ukraine conflict fuels price rallies
U.S. wheat futures way up on week
MarketsFarm — Russia’s ongoing invasion of Ukraine has not only sparked a conflict between two of the world’s major wheat exporters, but also limit-up price rallies for wheat futures during the week ended Thursday. As sanctions grow against Russia, as well as uncertainty over access to Ukrainian ports on the Black Sea, fears of a […] Read more
Prairie cash wheat: Spring wheat bids higher, activity choppy
MarketsFarm — Spring wheat bids across Western Canada moved higher during the week ended Thursday as gains in U.S. futures and a weaker tone in the Canadian dollar provided support. Russia’s invasion of Ukraine contributed to gains in wheat futures, but the volatile situation led to large price swings in the markets with values backing […] Read more