CNS Canada –– Oats prices at the Chicago Board of Trade dropped to their weakest levels in two-and-a-half years over the past week, and cash bids in Western Canada have followed suit. While the largely speculative price drop could bring in more bargain-hunting demand, both end-users and farmers have moved to the sidelines for the […] Read more
Oats prices drop to two-and-a-half-year lows
CWRS wheat bids edge down in Western Canada
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Friday, with adjustments to basis levels behind much of the declines. In Manitoba, the average CWRS price declined to $232 per tonne, from $234 the previous week. Similar losses were noted across the rest of the […] Read more
David Bishop and Jeff Nielsen join Alberta Barley board
Chair Matt Sawyer, Greg Stamp, and Glenn Logan leave board after completing their terms
Reading Time: < 1 minute Two new directors have joined the Alberta Barley board by acclamation. David Bishop of Barons will replace outgoing Enchant’s Greg Stamp in Region 1 while Jeff Nielsen of Olds will replace outgoing chairman and Region 2 director Matt Sawyer from Acme. Both Stamp and Sawyer will complete their second three-year term in December. Current director-at-large […] Read more
Asia’s mills eye Canada’s wheat as Australian supply slows
Singapore | Reuters — Asian flour millers are looking at buying Canadian spring wheat for shipment early next year as supplies from drought-hit Australia are likely to remain slow, traders said. Canadian western red spring wheat is being offered at around $345 a tonne, including cost and freight, nearly unchanged from last week, while Australia […] Read more
Argentina sees wheat harvest of 12 million tonnes
Buenos Aires | Reuters –– Argentine farmers will harvest 12 million tonnes of wheat in the 2014-15 crop year, the agriculture ministry said in its monthly report Thursday, issuing its first wheat crop estimate of the season. Argentina’s 2013-14 wheat harvest was 9.2 million tonnes, according to official data. “Losses have been seen in parts […] Read more
Ceiling still far off for rising feed barley market
CNS Canada — Feed barley prices in Western Canada have climbed steadily higher over the past few months and have more room to go, before strong prices inevitably make U.S. corn imports more attractive. “The feed barley market is hot,” said Jerry Klassen, manager for Swiss-based GAP SA Grains and Products in Winnipeg. Aadverse weather […] Read more
Richardson’s Sask. oat milling staff ratify deal
Unionized workers with Richardson International’s oat processing and grain milling plant at Martensville, Sask. are headed back to work after ratifying a new labour deal. About three dozen Richardson Milling employees, represented by the United Food and Commercial Workers (UFCW) Local 1400, were locked out Sept. 10 after voting in late August to approve a […] Read more
U.S. wheat futures consolidate, but more strength possible
CNS Canada — U.S. wheat futures have run into some resistance after posting solid gains recently, and could see some more consolidation in the short term. However, there are still a number of supportive factors at play in the wheat market, according to an analyst. “The rally has really slowed down, and we’ve reversed from […] Read more
BASF moves Clearfield system to open-ended agreements
Farmers wanting to grow Clearfield canola, wheat, sunflowers or lentils will now only need to sign one agreement to use the herbicide-tolerant crop system, rather than sign up every year or every few years. BASF, developer of the Clearfield Production System, on Monday announced a new “evergreen,” or open-ended, version of its Clearfield Commitment, available […] Read more
Prairie spring wheat bids rise with U.S. futures
CNS Canada –– Average cash bids for Canada Western Red Spring (CWRS) wheat moved higher during the week ended Friday, as strengthening U.S. futures provided support. In Manitoba, the average CWRS price rose to $234 per tonne, from $223 the previous week. Similar gains were noted across the rest of the Prairies, with average prices […] Read more