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Prairie cash wheat: Rising loonie cuts into bids

MarketsFarm — Hard red spring wheat bids in Western Canada lost ground during the week ended Thursday, as the bearish influence of a strengthening Canadian dollar more than offset supportive influence from gains in U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5.50-$10 per tonne, according to […] Read more

U.S. EPA waives fuel requirements, extends biofuels deadline

Deadline extended to help refineries

Reuters — The U.S. Environmental Protection Agency on Friday unveiled measures to help oil refineries cope with fallout from the coronavirus outbreak, including waiving anti-smog requirements for gasoline and extending the deadline for small facilities to show compliance with the nation’s biofuels law. The outbreak has touched off a massive global decline in demand for […] Read more





Anti-pipeline blockades — like this one in Edmonton in mid-February — are only part of the reason
why grain is backed up. But the situation will take months to fully be resolved.

Grain is moving but it will take months to catch up

Canada’s reputation as a reliable grain supplier has taken a hit

There won’t be a quick fix for a ‘perfect storm’ that has set grain movement back by at least three months. The problems started with the late harvest across the Prairies followed by the week-long CN Rail strike in November and then cold weather and mudslides. By the time the anti-pipeline rail blockades hit in […] Read more




Farm suppliers race COVID-19 spread for planting season

Winnipeg/Chicago | Reuters — North America’s biggest farm suppliers are accelerating shipments of fertilizer, seeds and agricultural chemicals to crop-growing regions in an unprecedented race against the coronavirus that threatens to disrupt planting season. The timing could not be worse for farmers preparing to plant crops. Disruptions in deliveries of fertilizer, seeds or chemicals could […] Read more



CBOT weekly outlook: Wheat futures underpinned for now

However, traders still watching headlines

MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of my comments come with a […] Read more