MarketsFarm — A sharp reduction of wheat acres in war-torn Ukraine and poor crop conditions in the United States all brought support to wheat bids in Western Canada for the week ended Thursday. Russia’s invasion of Ukraine has not only posed major difficulties exporting grain out of the country, but will also prevent wheat acres […] Read more
Prairie cash wheat: Bids up on Ukraine projections, poor U.S. winter wheat conditions
U.S. May wheats up on week
Where should cereal research dollars go?
Reading Time: < 1 minute After consulting with their elected reps, Alberta’s cereal commissions have refined their research strategies. And while increasing yield came out as the top priority, there was also recognition that genetics and agronomic measures contribute equally to boosting yields, agronomy research specialist Sheri Strydhorst said in a new web post. “Producers indicated a desire to increase […] Read more
Feed weekly outlook: Low demand, fewer acres expected for cheaper feed barley
MarketsFarm — As corn became the primary feed grain at Alberta feedlots over the past few months, the demand for — and price of — feed barley have diminished over time. But according to one trader, this won’t mean demand will shift from corn to barley anytime soon. Evan Peterson of JGL Commodities in Saskatoon […] Read more
Prairie cash wheat: Peace talks, USDA report pull on wheat futures
MarketsFarm — While peace prospects in Ukraine brought pressure onto wheat futures early on, a U.S. Department of Agriculture report caused the prices for two major western Canadian wheat varieties to close at different levels for the week ended Thursday. On the Chicago Board of Trade (CBOT), wheat futures declined when talks between Russia and […] Read more
Feed weekly outlook: Corn prices steady, growers watch weather
MarketsFarm — Days after a work stoppage at Canadian Pacific Railway (CP) came to an abrupt end, prices for corn have been relatively stable, according to one trader. Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said there has been little price movement for the feed grain staple recently as most feedlots are already set […] Read more
Egyptian delegation to visit India to discuss wheat imports
New Delhi | Reuters — A delegation from Egypt will visit India in the first week of April to facilitate wheat imports as part of efforts to secure supplies and tide over shortages at one of the world’s biggest importers of the staple, Indian government sources said. Egypt, often the world’s biggest wheat importer, is […] Read more
Prairie cash wheat: Spring wheat nudges higher, durum dips
MarketsFarm — Wheat prices on the Prairies during the week ended Friday saw moderate gains in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats while Canada Western Amber Durum (CWAD) eased slightly. The war in Ukraine continued to play havoc in the markets. After strong increases at the start of the […] Read more
Feed weekly outlook: Prices likely to hold firm after CP stoppage
MarketsFarm — Feed prices have remained fairly steady over the last week and are likely to continue to do so in the coming week, according to Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “I don’t see anything drastically changing in the next week,” she said. Harakal added there was nervousness in the […] Read more
Prairie cash wheat: Bids rise in choppy activity
U.S. wheat futures up on week overall
MarketsFarm — Spring wheat bids across Western Canada moved higher during the week ended Thursday, although the uncertain situation in Ukraine saw some wide price swings in U.S. wheat futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $11.30-$16.30 per tonne, according to price quotes from a cross-section […] Read more
Wheat website aims to answer consumer concerns
New Cereals Canada website makes the case for wheat as a healthy and sustainably produced food
Reading Time: 2 minutes Wheat has come under repeated fire in recent years — from the ‘Wheat Belly’ fad diet to Kim Kardashian and other celebrities championing gluten free as being a healthier diet for everyone (not just those with celiac disease or gluten intolerance). By and large, however, consumers today don’t think wheat is bad, said Ellen Pruden, […] Read more