CNS Canada — Barley prices in Western Canada are falling as an early harvest is weighing on values. “Prices have moderated here,” said Allen Pirness of Market Place Commodities Ltd. Lethbridge, Alta. The surprise rally from last week ended as quickly as it began. Prices which started last week at about C$250 per tonne were […] Read more
Early harvest pressures Prairie barley prices
Saudi Arabian agency stops buying Canadian wheat, barley
Hamburg | Reuters – Saudi Arabia’s main state wheat buying agency has told grains exporters it will no longer buy Canadian wheat and barley in its international tenders, European traders said on Tuesday, as a diplomatic dispute between the two countries escalates. Traders said they had received an official notice from the Saudi Grains Organization […] Read more
Dry weather not a problem for malt barley crop, so far
CNS Canada – The prairie malting barley crop is faring reasonable well in the hot, dry weather, but crop watchers will have a better idea of protein content in a couple weeks. “We’ve yet to see what this crop is. I think we’re a little early yet. Indications are that it could be a little […] Read more
Feed barley defies expectations as prices rally
CNS Canada – Feed barley prices have no business being where they are, based on supply-demand fundamentals, but that hasn’t quelled the rally. With prices for old crop sitting a premium over new crop, most in the industry expected old crop would gradually decline over summer and the two would eventually converge. But dry weather […] Read more
Saskatchewan harvest underway: Report
CNS Canada – Harvest operations are underway in parts of southern Saskatchewan, according to the weekly crop report from Saskatchewan Agriculture. Crops were reportedly rapidly drying down across the province, with many pulse crops being desiccated. Most crops remain in fair to excellent condition, although later-seeded crops need rain to help heads and pods fill, […] Read more
You can direct market grain, too — but it’s more complicated
Mark Gibeau sells flour to bakers and chefs while selling direct helped Steven Snider get started
Reading Time: 4 minutes Mark Gibeau wouldn’t be a farmer today if he couldn’t direct market his grains. “Having small acres in the big-boy system doesn’t work,” said the owner of Heritage Harvest near Strathmore. “We had to find something different right from the get-go.” Gibeau, who farms with his wife, began growing certified organic heritage grains on his […] Read more
CBOT weekly outlook: Corn and soy markets awaiting USDA report
CNS Canada – After a week where corn, soybean and wheat contracts climbed on the Chicago Board of Trade, traders are now awaiting the latest supply and demand report from the United States Department of Agriculture. “With the crop report (for) August, which at least over the last five years has historically leaned more bearish […] Read more
Wheat futures climbing higher
CNS Canada – North American wheat prices have rallied sharply over the past few weeks and could have more room to go, especially for higher quality and higher protein wheat. After trending lower for most of June and into early July, the Minneapolis December spring wheat contract settled at US$6.2275 per bushel on July 31, […] Read more
Japan resumes Canadian wheat purchases
Quick response by government and industry credited for quick resumption in sales to major wheat buyer
Reading Time: 2 minutes Japan has resumed purchases of Canadian wheat after testing found no genetically modified wheat in imports following the discovery of a few GM wheat plants in Alberta last summer. The decision “proves that Canada’s science-based regulatory system works,” said the general manager of the Alberta Wheat Commission. “Not only does Canada’s grain-handling system employ some […] Read more
Lacombe distillery gets by with a little help from its friends
Old Prairie Sentinel wouldn’t survive without its locally grown ingredients, says owner
Reading Time: 2 minutes It takes a village to distil high-quality spirits. Just ask Rob Gugin. “We rely a lot on our neighbours,” said the owner of Old Prairie Sentinel Distillery in Lacombe. “This area of the world is famous for its malt barley, and our neighbours in Alix at the Rahr Malting plant make some of the best […] Read more
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