CNS Canada — Feed barley bids in Alberta have shown some strength post-harvest and look to remain firm heading through the winter. However, the threat of U.S. corn imports will likely cap the upside. “Barley’s been on the rise here,” said Jared Seitz of Agfinity at Spruce Grove, Alta. Some U.S. corn was crossing the […] Read more
Firm feed barley market capped by U.S. corn
High-quality durum still top of mind for buyers
Winnipeg | CNS Canada — Following two years of varying qualities for Canadian durum, the world still wants higher-quality grain, according to Rhyl Doyle. “The world still wants (No. 1) CWAD and last year although the profile was mostly (No. 3) CWAD, they still wanted 1 CWAD. So there are a spectrum of markets for […] Read more
Wheat bids fall along with U.S. futures
Winnipeg | CNS Canada – Hard red spring wheat bids in Western Canada fell slightly for the week ending Nov. 17, following decreases in the United States markets. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices were down C$3 to C$5 per tonne across the Prairie provinces, […] Read more
Durum production seen vulnerable heading into 2018
Winnipeg | CNS Canada — Western Canada and the northern U.S. could be in trouble for next year’s durum crop if rain doesn’t come, while large global stockpiles could also keep commodity prices low, according to analysts here at the Grain World conference. “Will it rain in the durum areas of Canada and the United […] Read more
Egypt court ruling seen reinstating ergot ban in wheat imports
Cairo | Reuters — An Egyptian court on Tuesday effectively reinstated a ban on wheat imports containing even trace levels of the common grain fungus ergot, a lawyer who raised the case told Reuters, potentially re-opening a longstanding row over import rules that has disrupted trade. Egypt, the world’s largest wheat importer, issued a decree […] Read more
Record weekly canola exports reported
Winnipeg | CNS Canada – Canada exported the most canola in a single week ever during the week ended November 5, according to the latest Canadian Grain Commission report. The CGC pegged weekly canola exports at 470,200 tonnes of canola during the reporting period. That compares with average weekly exports over the past year of […] Read more
India doubles wheat import tax, imposes 50 per cent tax on peas
New Delhi | Reuters – India has doubled its import tax on wheat to 20 per cent, according to a government order made on Wednesday, as the world’s second biggest producer tries to rein in imports to support local prices. In the last two years India has been importing wheat after local production fell due […] Read more
Mixed reactions from farm groups to Bill C-49 progress
Commodity News Service Canada – Western Canadian producer groups support changes to rail transportation in Canada but vary on support of the latest legislation, Bill C-49. Bill C-49 passed its third reading in the House of Commons Nov. 1 and is now off to the Senate for review. The bill is meant to amend the […] Read more
Feed barley marches ‘lockstep’ with U.S. corn
CNS Canada — Western Canada’s feed barley market continues to trade above the key $200 per tonne mark, taking strength from consistent demand and a lower-sized crop in 2017. “The market has changed (gotten stronger) from last year when high-vomitoxin wheat was trading at a discount,” said Jim Beusekom of Market Place Commodities in Lethbridge. […] Read more
Major retailers say federal bread pricing probe underway
Major Canadian grocery retailers Metro and Loblaw say a federal investigation is underway concerning the pricing of certain commercial bread products. Toronto-based Loblaw and its parent firm, George Weston Ltd., announced Tuesday they’re aware of an “industry-wide investigation” by the federal Competition Bureau concerning a “price-fixing scheme involving certain packaged bread products.” The two companies […] Read more
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