CNS Canada — Cash bids for Canadian wheat were down during the week ended Friday, as values reacted to adjustments in the U.S. futures and the foreign exchange markets. Average Canada Western Red Spring (CWRS) wheat prices were down by C$3 to $5 per tonne, with bids ranging from $181 per tonne in north-central Saskatchewan […] Read more
Wheat bids edge lower across Prairies
Big oats intentions surprise market
CNS Canada — A surprisingly large increase for oats acres in Statistics Canada’s planting intentions report on Thursday led to a quick drop in prices. However, actual area will likely come in below the early expectations, as declining prices should cause some acres to shift elsewhere. Oats plantings were pegged at 3.6 million acres by […] Read more
Winter wheat stripe rust update
Four Alberta counties reporting, fungicide applications may be necessary in some cases
Reading Time: < 1 minute Stripe rust on winter wheat has now been reported in the following counties: Cardston, Lethbridge, Lacombe, and Warner. Additionally, there was a report of potential stripe rust in the Edmonton area and there is some evidence that stripe rust overwintered in Alberta again this year. Frequent scouting of winter wheat fields across the province is […] Read more
Daily price limits revised for CBOT grains futures
Chicago | Reuters — Daily price limits for Chicago Board of Trade (CBOT) corn and wheat futures will rise starting in May, while soybean limits will not change following a semi-annual review, CBOT parent CME Group said Thursday. Under exchange rules, the CBOT resets daily limits for grains and oilseeds in May and November of […] Read more
Prairie wheat bids slide with U.S. futures
CNS Canada — Cash bids for Canadian wheat were down during the week ended Friday, as losses in the U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by $10-$19 per tonne, with bids ranging from $185 per tonne in north-central Saskatchewan to $209 per tonne in Manitoba, according […] Read more
Stripe rust alert in Alberta
Disease found in Oregon three weeks earlier than ever recorded
Reading Time: < 1 minute Alberta Agriculture plant pathologist Mike Harding has issued a bulletin noting that stripe rust alerts have been issued for Oregon and Montana. A Jan. 19 Capital Press story says stripe rust has been discovered in Oregon’s Willamette Valley. Oregon State University plant pathologist Chris Mundt and three extension researchers issued an alert Jan. 19 informing […] Read more
Russia’s ag ministry proposes to cancel wheat export tax
Moscow | Reuters — Russia’s agriculture ministry has proposed to the government to cancel a tax on wheat exports from July 1 when the 2015-16 marketing year starts, a source at the ministry told Reuters. Russia imposed the duty on wheat exports between Feb. 1 and June 30 in an effort to cool domestic food […] Read more
Feed barley likely topping out for now in Alta.
CNS Canada — Feed barley prices have shown some strength over the past month in Alberta, but are likely topping out for now as attention starts to turn to the new crop. Feed barley is now trading at about $217 per tonne for April/May delivery in the key Lethbridge, Alta. feeding area, according to feed […] Read more
U.S. spring wheat seeding ahead of average pace
CNS Canada — Hard red spring wheat planting in the U.S. is underway and advancing faster than average due to favourable warm, dry weather in many regions, according to the North Dakota Wheat Commission’s crop progress report. As of Sunday, 17 per cent of the U.S. spring wheat crop was in the ground, up from […] Read more
Prairie wheat bids drop with U.S. futures
CNS Canada –– Cash bids for Canadian wheat were down during the week ended Friday, as losses in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by C$8-10 per tonne, with bids ranging from $200 per tonne in north-central Saskatchewan to $219 per tonne in Manitoba, according to […] Read more
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