CNS Canada — “If you build it, they won’t always come” turned out to be the case with ICE Futures Canada’s grain contracts, as they were finally delisted Thursday after years of little to no activity. Milling wheat and durum futures were introduced by ICE Futures Canada in 2012 in response to the end of […] Read more
Canadian barley, wheat futures fade away
Minneapolis wheat trends lower, more losses likely
CNS Canada — Spring wheat futures on the Minneapolis Grain Exchange (MGEX) are trading right above major support and are poised to keep moving lower, according to an analyst. The U.S. Department of Agriculture unexpectedly raised its estimate on the size of the U.S. spring wheat crop to 416.2 million bushels in a report released […] Read more
Canadian canola deliveries reported near record
CNS Canada — Canola remains the cash-flow king of the Prairies, with farmers making near record deliveries off the combine in the Canadian Grain Commission’s latest weekly report. A total of 627,000 tonnes of canola were delivered into the commercial system during the week ended Sept. 10, which would mark the third highest single week […] Read more
Prairie wheat commissions to collaborate on research funding
The Prairie provinces’ three wheat commissions are set to take a team approach to research funding through a new not-for-profit body. The Alberta Wheat Commission, Sask Wheat and the Manitoba Wheat and Barley Growers Association on Tuesday announced the formation of the Canadian Wheat Research Coalition (CWRC) to “facilitate long-term investments aimed at improving profitability […] Read more
U.S. seeks WTO dispute panel on China’s grain import quotas
Geneva | Reuters — The United States has requested a World Trade Organization panel be set up to investigate Chinese tariff-rate quotas (TRQ) for agricultural products, the WTO said on Monday, setting up a showdown between the two largest economies. The row, which includes tariffs for wheat, rice, and corn, was initiated under the Obama […] Read more
Global buyers of quality wheat face disappointment in Canada
Winnipeg/Chicago | Reuters — Buyers looking to Canada for high-quality wheat to make bread as drought roils output in the northern U.S. may be thwarted, as dry weather has also hit crops there. Wheat plants with the high protein content needed to bake bread have shrivelled in the U.S., one of the world’s top exporters, […] Read more
Italy demands origin labels for pasta, rice
Rome | Reuters — All packets of pasta and rice sold in Italy will have to include labels of origin showing where the produce was grown, the government ruled on Thursday, a move aimed at protecting local farmers. The agriculture and industry ministers signed a decree ordering the new labelling policy, saying it would run […] Read more
Prairie wheat, barley commissions’ single checkoffs set
The post-deregulation era of Prairie grain research and market development funding is cleared to begin, as the three Prairie provinces’ wheat and barley commissions have set new single checkoffs on Prairie wheat and barley, all starting Aug. 1. The Manitoba Wheat and Barley Growers Association (MWBGA) on Wednesday announced that when the Western Canadian Deduction […] Read more
U.S. Plains drought highlights spring wheat supply crunch
Chicago | Reuters — Drought conditions in the northern U.S. Plains that have propelled spring wheat prices to a three-year high worsened in the past week and there are forecasts for more hot and dry weather that could crimp the harvest. As the world struggles with a glut of grain that has filled inventories to […] Read more
Egypt court ruling revives row over ergot in wheat
Cairo | Reuters — A court that ordered the suspension of Egypt’s food inspection system based its ruling in part on the quarantine service’s right to ban grain imports with any trace of the ergot fungus, raising the possibility the contested rule could be restored. The government’s new food inspection system simplified trade after a […] Read more
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