Reuters – Millers and bakers are draining wheat reserves and paying more for spring wheat used in baking, as drought shrivels crops across the Canadian Prairies and northern U.S. Plains that produce more than half of the world’s supply. U.S. and Canadian farmers are bracing for a sharply smaller spring wheat harvest due to the […] Read more
Millers, bakers fret as drought withers North America’s spring wheat
Cereal merger survey now online
Reading Time: < 1 minute Alberta Wheat and Alberta Barley have launched their online survey to consult members on amalgamating to form a single commission. Since 2018, the organizations have shared a management team but have two boards and separate financial structures. Members of both farm groups passed resolutions at their 2019 annual general meetings calling for a comprehensive review […] Read more
Feed weekly outlook: Reduced yields starting to become a reality
MarketsFarm – As old crop stocks of feed barley and feed wheat continue to dwindle, the realization of reduced yields is now supporting bids for new crop. “Down here, there are a few guys that are starting to pull off some barley here in the next little bit. You’re going to find that the barley […] Read more
Southern, eastern North Dakota spring wheat yields hurt by drought
Mandan, N.D. | Reuters – Spring wheat yields in southern and east central North Dakota are well below average as a severe drought slashed production potential in the country’s top producing state, scouts on an annual crop tour said on Tuesday. Crop scouts calculated an average spring wheat yield at 29.5 bushels per acre (bpa) […] Read more
Durum markets reckon with weather
'There was no wiggle room for a crop problem'
MarketsFarm — The higher temperatures soared and the longer between rains in Western Canada, the lower the yield projections for most crops — and drought-tolerant durum wheat is no exception. With bids already elevated due to a downturn in potential new-crop supply, the price of durum could rise even higher. “There’s not a lot of […] Read more
Feed weekly outlook: Bids rising in Saskatchewan
MarketsFarm — Feed grain prices in Western Canada are continuing their ongoing rise as heat and dryness cover the region. “For feed wheat (on Tuesday), I finally got a bid of $10 per bushel, which is really an amazing bid,” said Dale McManus, broker for Johnston Grains at Welwyn, Sask. The high-delivered bid for feed […] Read more
Damp Ireland offers some grain drying tips for the dry Prairies
Farmers here can learn a few lessons about drying malt barley from the Emerald Isle
Reading Time: 3 minutes What can malt barley producers on the Prairies learn about grain drying and storage from a country like Ireland, where the climate almost couldn’t be more different? Quite a bit, says an expert familiar with both. The weather is very different but Ireland and the Prairies share some similar challenges, notably dealing with high-moisture malt […] Read more
Oat crop across Western Canada ‘not stellar’
MarketsFarm — As with most other crops on the Prairies, conditions are “not stellar” for oats, according to Shawna Mathieson, executive director for the Prairie Oat Growers Association. POGA directors from across the region who participated in a recent board meeting had a rather grim outlook on the coming harvest, she said. “Not a single […] Read more
Prairie cash wheat: Bids up with strong gains in U.S. markets
MarketsFarm — Bids spiked for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR), and durum (CWAD) wheats in Western Canada for the week ended Thursday. Steep increases in U.S. wheat futures supported values, as did a lower Canadian dollar which lost more than a half cent. Average CWRS (13.5 per cent protein) wheat […] Read more
Feed weekly outlook: Heat reducing potential yields, raising prices
MarketsFarm — The hot and dry summer that has enveloped all of Western Canada is already bringing down projected yields for feed grains, creating an inverse effect on prices. “We’re losing the crop here right now with the heat and lack of moisture across the Prairies and the northern Plains of the United States,” said […] Read more