CNS Canada — Farmers and traders are keeping a watchful eye on the weather trying to sort out feed grain supplies. “This time of year, it’s a weather market and weather has been improving in much of Saskatchewan and in some of the more critically dry areas. They got a decent amount of moisture over […] Read more
Feed weekly outlook: Producers watching skies for signals
South Korea lifts suspension on Canadian wheat sales
Seoul | Reuters — South Korea’s food ministry on Tuesday said it had lifted a temporary suspension on sales of Canadian wheat as it had not discovered any unapproved genetically modified strains during tests on imports. South Korea suspended sales of Canadian wheat last week after Canada announced the discovery in mid-2017 of an unapproved […] Read more
Wheat shipment halt seen as temporary
Wheat sales are expected to soon resume to Japan and South Korea. Both nations suspended Canadian wheat imports following the June 15 announcement that Canada had discovered several genetically modified (GM) wheat plants in southern Alberta. But both are expected to come back to the market shortly, while exports to others won’t be affected, according […] Read more
Feed weekly outlook: Markets watch Japan wheat ban, trade fights
CNS Canada — A Japanese ban on Canadian wheat might eventually push more wheat into feed markets, but traders say that’s not happening so far. Japan, Canada’s No. 2 wheat buyer after the U.S., instituted the ban last Friday after genetically modified wheat was discovered growing in Alberta. GM wheat is not approved for commercial […] Read more
South Korea halts sale of Canadian wheat, flour
Seoul | Reuters — South Korea has suspended the sale of wheat and flour from Canada after Canadian officials announced last week the discovery in mid-2017 of an unapproved genetically modified trait in southern Alberta. “We will only allow sale of wheat products that are confirmed not to contain unapproved genetically modified wheat,” South Korea’s […] Read more
Japan suspends sale of Canadian wheat
Tokyo/Winnipeg | Reuters — Japan’s farm ministry said Friday it has suspended its tender and sale of wheat from Canada after grain containing a genetically modified trait was discovered last summer in Alberta. The Canadian Food Inspection Agency (CFIA) said Thursday the wheat containing a genetically modified trait, developed by Monsanto to tolerate Roundup herbicide, […] Read more
Feed weekly outlook: Optimism takes pressure off Prairie grains
CNS Canada — Following recent rains across Western Canada, producers have opened their bins and are selling grain again for feed, taking some pressure off of the market. “It’s some relief from the rain that’s happened across the Prairies in the last two weeks. It’s allowing producers to comfortably sell the rest of their old-crop […] Read more
Feed weekly outlook: Barley prices feeling some pressure
CNS Canada — Prices for feed barley remain solid in Western Canada but demand could be lessening somewhat as the summer unfolds. “Buyers seem to have decent coverage going into later summer,” said Jared Seitz of Agfinity at Stony Plain, Alta. “So their pricing is starting to pull back.” Prices for feed wheat and barley […] Read more
Feed weekly outlook: Feed grains slip, but still solid overall
CNS Canada — Feed barley prices may have come down slightly from their highs earlier in the spring, but remain solid overall, according to an Edmonton-based merchant. Dry weather and the late spring created some uncertainty in the market, and led to opportunities for some growers, said Samantha Metcalfe, a grain trader with Market Master […] Read more
Top court in Egypt permits wheat with trace ergot
Cairo | Reuters — Egypt’s top administrative court has ruled that the country should accept wheat with marginal levels of the common grain fungus ergot, a local newspapers said on Sunday, freezing a lower court order to ban the fungus entirely which had vexed traders. Egypt, the world’s largest wheat importer, baffled grain markets when […] Read more
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