CNS Canada — Oats futures at the Chicago Board of Trade have been creeping higher, which a U.S.-based analyst attributes to increasing demand for minor feed grains. Data from Canada and the U.S. project oat yields to increase from last year, which are capping gains, but at the same time, the demand picture has improved. […] Read more
Stronger demand for minor feeds reflected in oats futures
Prairie wheat bids ebb lower
CNS Canada –– Cash wheat bids across Western Canada ebbed lower during the week ended Friday, as U.S. futures dipped and basis levels fluctuated. Average Canada Western Red Spring (CWRS) wheat prices were down by C$2 to $5 per tonne across the three Prairie provinces, according to price quotes from a cross-section of delivery points. […] Read more
Minogue: Campaigning heats up Sask. commodity board elections
Elections at the commodity association board level in Saskatchewan, often known for a landslide lack of interest, may get goosed this year with candidates investing bigger stakes in their campaigns. Ballots have been mailed out and board elections are now underway for the Saskatchewan Wheat Development Commission (SaskWheat) and the Saskatchewan Barley Development Commission (SaskBarley). […] Read more
Prairie wheat bids mixed
CNS Canada — Cash wheat bids across Western Canada saw some minor adjustments over the week ended Friday, with the general trend seeing strengthening bids in the eastern Prairies and a softer tone in parts of Alberta. Average Canada Western Red Spring (CWRS) wheat prices saw only minor revisions on the week, rising by as […] Read more
Drought to shrivel Ukrainian wheat harvest in 2016
Kiev — Severe drought across half of Ukraine has hit winter sowing and could sharply reduce the country’s 2016 wheat harvest, a senior state weather forecaster said on Monday. The drought, in which the central Dnipropetrovsk region suffered its driest autumn in 50 years, could lead to a 20 per cent year-on-year fall in the wheat […] Read more
Feed Grains: IGC raises world grain production estimate
By Commodity News Service Canada Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Thursday, October 29. – CBOT corn futures were higher on Thursday, with the December contract up four cents, at US$3.8000 per bushel, as solid weekly export demand provided some support. – The International Grains Council […] Read more
Black Sea in it for the long haul
The Former Soviet Union, once Canada's largest wheat customer, is now its largest competitor
Black Sea wheat exports are projected at an all-time high this year, and there is good reason to have confidence in this forecast. During the 2015/16 marketing year, the U.S. Department of Agriculture (USDA) estimates that the states of the former Soviet Union excluding Latvia, Lithuania, and Estonia (FSU-12) will export a record 45 million […] Read more
Oats steady and low, but price-wise the worst is over
Manitoba’s oat market is sitting low and stagnant, but since the commodity traditionally tracks corn futures, prices aren’t likely to depreciate further, says a U.S. analyst. “I think Manitoba farmers were expecting a lot better and Saskatchewan farmers were expecting a lot worse, but really when the combines got in the field—you know everything was […] Read more
Prairie wheat bids up as basis improves
CNS Canada — Cash wheat bids across Western Canada moved higher during the week ended Friday, as basis levels showed some improvement at most locations. Average Canada Western Red Spring (CWRS) wheat prices were up by C$7-$8 per tonne on average across the three Prairie provinces, according to price quotes from a cross-section of delivery […] Read more
Alberta Wheat Commission funds research
Reading Time: < 1 minute The Alberta Wheat Commission is investing $970,000 over five years in 13 wheat-related research projects. Projects include: effectiveness and appropriate timing of plant growth regulators; fusarium head blight resistance in spring wheat; development of soft white spring and general purpose spring wheat with higher yield potential; influence of genotype, weather, growing environment, and crop management […] Read more