Commodity News Service Canada – Oats futures at the Chicago Board of Trade and cash bids in Western Canada have shown some strength over the past month, but may not have much more room to the upside. “There was a bit of a panic in late October that pushed cash prices higher,” said Scott Shiels, […] Read more
Rising oats bids possibly nearing top
EU wheat rises ahead of U.S. elections, USDA report
Paris/Reuters – European wheat prices rose in the wake of Chicago on Tuesday in a broader rise across international markets which increasingly anticipated the victory of Democratic nominee Hillary Clinton in the U.S. Presidential elections. Traders also pointed to short covering and technical buying ahead of the election results and the release a much awaited […] Read more
Winter cereal acres unclear due to wet conditions
Commodity News Service Canada/Winnipeg – Variable conditions across Manitoba and Saskatchewan have made it difficult to estimate winter cereal acreage, the head of an industry group says. But crops that are in the ground have seen mostly favourable weather. Jake Davidson, executive director of Winter Cereals Canada Inc., said he’s waiting for data from Statistics […] Read more
Grains sector continues to welcome transport legislation
CNSC – Accolades from producer groups and others in the grain industry continue to roll in for the federal government’s upcoming transportation legislation. The planned measures were outlined this week by Marc Garneau, the federal transportation minister, in a speech in Montreal. The new legislation will allow reciprocal penalties in service level agreements between railway […] Read more
Proposed transportation legislation gets thumbs up from grain industry
It might feel like Christmas came early for grain grower organizations, who have long been calling for reform of grain transportation regulations. The Federal government has promised to introduce legislation in early 2017 that is going to check some items off their wish list. Transport Minister Marc Garneau unveiled the federal government’s plans in a […] Read more
Saskatchewan sets gradual markups for brewers
The system of provincial markups applied on beer sold in Saskatchewan is about to change, so beer from expanding local-level breweries won’t be charged the same rate as major players. Starting Tuesday (Nov. 1), the wholesale markup on beers distributed by the Saskatchewan Liquor and Gaming Authority (SLGA) will be set at one of seven […] Read more
Barley groups pledge $2.4 million for barley breeding
Thanks in part to producer funding, the Crop Development Centre has released more than 70 barley varieties
Reading Time: < 1 minute Alberta Barley, its Saskatchewan and Manitoba counterparts, and the Western Grains Research Foundation will provide more than $2.4 million over five years to the barley variety development program at the University of Saskatchewan’s Crop Development Centre. Since 1995, producers have invested almost $15 million into barley variety development through the research foundation. “This funding provides […] Read more
Testing your wheat could earn you a higher price
Reading Time: < 1 minute The Alberta Wheat Commission is reminding growers to know all the factors affecting the quality of their wheat to ensure they are getting the best price. If growers are not satisfied with downgrades due to sprout damage or fusarium head blight, they should consider getting a second opinion. “The falling number may meet the specification […] Read more
Ottawa to back P+H’s Hamilton flour mill
Winnipeg agrifood firm Parrish and Heimbecker has lined up more government financing for its planned new flour mill at Hamilton, this time from the federal level. Agriculture Minister Lawrence MacAulay on Thursday announced a $10 million “repayable investment” in the project from the AgriInnovation program, part of the Growing Forward 2 ag policy funding framework. […] Read more
Demand for quality is pushing up hard red spring prices
Look for ‘basis specials’ when grain buyers need to blend better-quality wheat to meet sale specifications
Reading Time: 2 minutes Despite generally low wheat prices, the hard red spring wheat market is showing some positive price action, says a provincial crop market analyst. “At least two things are happening in this market,” said Neil Blue. “Back in August, some commercial buyers began to increase their bids for wheat protein. This was a reflection of the […] Read more
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