CNS Canada — Uncertainty over Russian exports has brought some volatility to U.S. wheat markets, with shifting speculation on the country’s intentions a major driver in day-to-day futures trade. “We’ve seen the market see-saw back and forth, with whatever Russia said (influencing) the way the market moved,” said market analyst Bryan Strommen of Progressive Ag […] Read more
Russian export uncertainty driving U.S. wheat futures
Prairie CWRS wheat bids edge down
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Friday, despite a firmer tone in U.S. futures as basis levels slipped slightly. In Manitoba, the average CWRS price declined to C$234 per tonne, from $236 the previous week. Average losses of $1 to $5 per […] Read more
Wheat buyers pumped when Alberta farmers visit
Wheat buyers have all kinds of questions from mycotoxins and food safety to supply and crop data, and they also want to meet growers in person
Reading Time: 4 minutes When Lynn Jacobson went to Asia on a trade mission, he found his preconceived notions were completely wrong. “My preconception of what society was like over there was completely changed,” said the grain farmer from Enchant. “I thought they were 10 to 15 years behind us, but in some ways they’re 10 to 15 years […] Read more
Letter to the editor, Dec. 5, 2014
Rod Nickel’s article,“Canada’s wheat exports dogged by quality complaints,” incorrectly states that there has been an increase in the number of complaints from buyers of Canadian wheat since the removal of the single desk marketing authority from the Canadian Wheat Board. Since 2011-12, the last crop year that Canadian wheat was marketed through the Canadian […] Read more
Canada’s wheat exports dogged by quality complaints
Winnipeg | Reuters –– Buyers of Canadian wheat are increasingly complaining about quality ever since Ottawa changed how its biggest crop is sold and inspected, raising the risk the world’s third largest exporter will lose sales to rivals such as the U.S. EDITOR’S NOTE: Click HERE to read a Dec. 5 letter to the editor […] Read more
CWRS wheat bids rise with U.S. futures
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved higher during the week ended Friday, as a rally in the U.S. futures provided some support. In Manitoba, the average CWRS price rose to $236 per tonne, from $232 per tonne the previous week. Average gains of $5 to $10 per […] Read more
CWRS wheat bids edge down in Western Canada
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Friday, with adjustments to basis levels behind much of the declines. In Manitoba, the average CWRS price declined to $232 per tonne, from $234 the previous week. Similar losses were noted across the rest of the […] Read more
Asia’s mills eye Canada’s wheat as Australian supply slows
Singapore | Reuters — Asian flour millers are looking at buying Canadian spring wheat for shipment early next year as supplies from drought-hit Australia are likely to remain slow, traders said. Canadian western red spring wheat is being offered at around $345 a tonne, including cost and freight, nearly unchanged from last week, while Australia […] Read more
U.S. wheat futures consolidate, but more strength possible
CNS Canada — U.S. wheat futures have run into some resistance after posting solid gains recently, and could see some more consolidation in the short term. However, there are still a number of supportive factors at play in the wheat market, according to an analyst. “The rally has really slowed down, and we’ve reversed from […] Read more
BASF moves Clearfield system to open-ended agreements
Farmers wanting to grow Clearfield canola, wheat, sunflowers or lentils will now only need to sign one agreement to use the herbicide-tolerant crop system, rather than sign up every year or every few years. BASF, developer of the Clearfield Production System, on Monday announced a new “evergreen,” or open-ended, version of its Clearfield Commitment, available […] Read more
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