Snow is still piled deep on Humphrey Banack’s grain farm at a time when he’s usually tuning up his tractor for seeding. The wettest fields before planting since the 1970s look to frustrate Canadian farmers’ zeal to sow their fields on time this spring and cash in on wheat and canola prices that are near […] Read more
Flood risk builds, looks to delay seeding
Canadian Feed Wheat Heads South
Reading Time: 2 minutes Canadian feed wheat is flowing into the southeastern United States in the largest quantities for more than a decade, highlighting tight U.S. corn supplies and a surplus of feed wheat in Canada, several trade sources said March 10. Wilmington Bulk LLC, a consortium of North Carolina poultry and swine producers including Smithfield Foods, has bought […] Read more
Viterra CEO Sees Grain Price Rebound
Reading Time: 2 minutes Viterra is buying grains in the cash and futures markets because it sees the recent slide as unsustainable, chief executive Mayo Schmidt said Mar. 16 Grain and oilseed prices remain relatively high and have driven up the cost of food to record levels, but fell sharply recently, just as farmers in the Northern Hemisphere prepare […] Read more
Impending storm worsens Prairie flood risk, crop outlook
A snowstorm that looks to sweep across Western Canada’s grain and canola belt would worsen what are already the wettest conditions for this time of year since the 1970s, a Canadian Wheat Board official said Monday. Environment Canada, the government forecasting agency, issued warnings for snowfall up to 25 cm (9.8 inches) in southern Alberta […] Read more
CWB Predicts Small Rise In Wheat Output
Reading Time: 2 minutes The Canadian Wheat Board has maintained its forecast for a small rise in production from the world’s No. 3 seller this year, but offered a slightly more upbeat forecast for global output. The outlook from the board offers modest relief for millers who have been hurt this year by an acute shortage of higher-quality wheat […] Read more
U.S. makes biggest buy of Prairie feed wheat in decade
Canadian feed wheat is flowing into the southeastern United States in the largest quantities for more than a decade, highlighting tight U.S. corn supplies and a surplus of feed wheat in Canada, several trade sources said on Wednesday. Wilmington Bulk LLC, a consortium of North Carolina poultry and swine producers including Smithfield Foods, has bought […] Read more
Beef Cattle Numbers Continue Six-Year Decline
Reading Time: < 1 minute Canada’s hog supplies edged higher year over year for the first time in nearly five years as of Jan. 1, while its cattle herd fell to the lowest January level in 16 years, Statistics Canada said on Feb. 17. Reductions in numbers of beef cows and sows, however, represent diminished potential to expand herds and […] Read more
Canadian Farmers Optimistic As Prices Rise
Reading Time: < 1 minute Canadian farmers are the most optimistic they’ve been in four years, according to a survey by the country’s top farm lender, as grain and oilseed prices trade around 2-1/2-year highs. Seventy-six per cent of the 4,900 farmers and farm business owners that Farm Credit Canada surveyed last autumn said they expect their farm or business […] Read more
Canada’s Stockpile Shrinks
Reading Time: < 1 minute Stockpiles of wheat and canola in Canada shrank slightly more than expected at Dec. 31 from a year earlier due to smaller crops, Statistics Canada said Feb. 4, underscoring tight global supplies that have pushed up food prices and sparked protests. Stocks of all wheat in grain bins and country elevators were the smallest in […] Read more
Canada offers wheat, Japan buys as planned
Japan bought food wheat from Canada at a regular tender on Thursday and a Canadian Wheat Board memo shows it managed to find scarce high-protein supplies despite a global shortage of top-quality wheat. The CWB sold Japan’s ministry of agriculture 37,110 tonnes of top-grade spring wheat for shipping March 12 to April 11, with a […] Read more
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