Reuters — Egypt’s supply ministry moved to clarify rules on wheat imports on Thursday, saying it would allow shipments with traces of the grain fungus ergot to enter the country. Wheat traders have been concerned that uncertainty over payment and inspection terms in Egypt, the world’s biggest wheat importer, would dampen export demand. The problem […] Read more
Egypt moves to clarify ergot rules on wheat imports
Late is not great when it comes to seeding wheat
Wheat growers need to get their crop in the ground as early as possible if they want to maximize yields
Reading Time: 3 minutes It’s time to start treating wheat like it’s a “real crop,” says Ontario agronomist ‘Wheat Pete’ Johnson. “Wheat is the most responsive crop to management we grow, and yet it’s the crop that we manage the least,” Peter Johnson said at the Farming Smarter conference last month. “You just put it in the ground and […] Read more
Prairie spring wheat bids move higher
CNS Canada –– Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as U.S. futures also rose during that timeframe. Average Canada Western Red Spring (CWRS) wheat prices were up by C$9-$10 per tonne during the period, according to price quotes from a cross-section of delivery points across the Prairie […] Read more
U.S. wheat up with short-covering, but more downside possible
CNS Canada — U.S. wheat futures hit contract lows over the past week, before seeing a short-covering correction in recent days. However, with ample world supplies and poor export demand, the path of least resistance likely remains lower, according to market participants. The fundamentals are pretty bearish for wheat, but the market structure is looking […] Read more
Genetic codebreaking on wheat years ahead of schedule
Sequencing the infamously complex genome for bread wheat — a game-changing task for wheat breeding that’s been estimated to take four or five more years — may now just take another couple of years, following a milestone announced Wednesday. The International Wheat Genome Sequencing Consortium (IWGSC), a team co-led by Canadian researchers, announced Wednesday it […] Read more
Egypt’s new wheat requirement could delay supplies
Cairo/Abu Dhabi | Reuters — Egypt, the world’s largest purchaser of wheat, has imposed restrictive import requirements, an agricultural authority official told Reuters, alarming traders who threatened to boycott tenders for the politically sensitive commodity. The new requirement — for a complete absence of ergot, a common fungus found in grains — could disrupt the […] Read more
Ardent restarts Illinois flour mill after flooding
Chicago | Reuters –– The largest U.S. flour miller, Ardent Mills, has resumed operations in Alton, Illinois, as floodwaters along the Mississippi River receded while a mill at Chester, Ill. will remain down for weeks, company executives said Tuesday. Near record-high floodwaters following deadly winter storms forced the company to shut down the mills a […] Read more
Prairie spring wheat bids down with U.S. futures
CNS Canada — Cash spring wheat bids across Western Canada moved lower during the two-week holiday period ending Thursday (Dec. 31), as the U.S. futures also drifted lower during that time frame. Average Canada Western Red Spring (CWRS) wheat prices were down by C$7-$8 per tonne during the two-week period, according to price quotes from […] Read more
What does your grain sell for at port?
When grain gridlock hit two years ago, the gap between the elevator and port price appears to have skyrocketed — and cost farmers billions
Reading Time: 4 minutes The jury’s still out on whether knowing the price of export grain relative to local cash prices will help producers get better prices. But the Alberta Wheat Commission intends to find out. “The port price would provide an indication of whether the system is constrained or functioning efficiently,” said Tom Steve, the commission’s general manager. […] Read more
Floods close two Ardent flour mills
Reuters — Two Illinois flour mills near the Mississippi River and operated by Ardent Mills were shuttered because of flooding this week, the company told Reuters on Wednesday. Ardent, the largest U.S. flour miller, operated jointly by Cargill, ConAgra Foods and CHS Inc., said the mills in Chester and Alton will remain closed “until the […] Read more
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