Normally, stripe rust in winter wheat isn’t a huge problem for growers in Eastern Canada, and particularly in Ontario — at least, not at this stage of the growing season — but the 2016 growing season isn’t shaping up to be “normal” either. For now, the immediate challenge before growers is to get out and […] Read more
Pearce: Stripe rust in winter wheat is Ontario’s biggest threat
Bimbo to shut Canada Bread’s North Bay plant
Canada Bread, the Canadian arm of Mexican baked-goods giant Grupo Bimbo, plans to close its bakery at North Bay, Ont. later this summer. The company announced Wednesday it will begin to gradually wind down operations, transfer the plant’s work to its other bakeries in Quebec and Ontario and shut down the bakery effective Aug. 5. […] Read more
Lethbridge feed barley’s spring rally muted
CNS Canada — Lethbridge feed barley should be seeing its largest premium over fall and winter months, but so far this year the market’s spring rally has been limited. “This year all we’ve seen is a $5 to $10 per tonne move higher,” said Jim Beusekom, analyst at Market Place Commodities. “So it’s pretty minimal […] Read more
Saskatchewan wheat crop enters crucial phase
CNS Canada –– Freezing temperatures are raising tensions for wheat growers in Saskatchewan as this year’s crop looks to survive a late blast of winter weather. The mercury dipped below 0 C in Saskatchewan on Thursday morning and Friday morning. Speaking Thursday afternoon, a regional crop specialist with the Saskatchewan Ministry of Agriculture, Shannon Friesen, […] Read more
U.S. pressuring Canada on grain grading
U.S. grain bought on spec, not grade, say Canadian grain industry watchers
Reading Time: 3 minutes U.S. officials say this country’s grain-grading system is to blame for why American farmers living close to the border can’t take advantage of higher Canadian wheat prices. But Canadian officials deny claims that Canada’s quality control system discriminates against imported U.S. wheat. Canadian officials concede imported U.S. wheat formally receives the lowest grade in the […] Read more
Prairie spring wheat bids rise with dry weather
CNS Canada — Cash spring wheat bids across Western Canada improved during the week ended Friday, with prices receiving support from dry weather conditions in Alberta and Saskatchewan. Weakness in the Canadian dollar, which fell from the US80-cent mark to the mid-77-cent range between April 29 and Friday, added to the upside. Depending on the […] Read more
Minneapolis leads U.S. wheat futures trifecta
CNS Canada — Minneapolis wheat prices are gaining on those at other U.S. futures markets, as traders expect reduced acres this year. But the opposite is true for the Kansas City exchange as the expectation of high production weighs, and Chicago markets are moving on technical trading. Minneapolis Grain Exchange — “We’re keeping an eye […] Read more
Russia seen extending wheat export tax for 2016-17
Moscow | Reuters — Russia is likely to extend its wheat export tax for the 2016-17 marketing year, which starts on July 1, because the levy is at a minimum level under current market conditions, traders and analysts said. The government has also indicated it is unlikely to change the tax ahead of the next […] Read more
Pressure on oat prices sends farmers scouting other crops
CNS Canada — Lukewarm prices for oats, coupled with dry conditions in Alberta and soggy conditions in Manitoba, are crimping acreage this year. Generally known as one of the hardier crops around, oats haven’t been setting any record highs on price charts, resulting in a forecast of 11 per cent less acreage in Canada. “The […] Read more
Prairie spring wheat bids mixed amid opposing outside factors
CNS Canada — Cash spring wheat bids across Western Canada were narrowly mixed during the week ended Friday, with prices up slightly in some locations and down in others. Spillover from gains in U.S. futures was offset by the bearish influence of the rising Canadian dollar. Depending on the location, average Canada Western Red Spring […] Read more
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