CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat were firmer across Western Canada during the week ended Friday, lifted by improving basis levels in many areas as quality problems and slow harvest progress remain a concern for the Canadian spring wheat crop. The highest CWRS prices were still available in […] Read more
Prairie CWRS bids up with improving basis
Boost the bottom line with grain grading
The Canada Grain Commission’s Harvest Sample Program gives you an edge when marketing your harvest
Reading Time: 3 minutes When it comes to marketing, it’s important to know the product. And this is never more important than when selling crops. “Some crops are more complex than others to grade,” said Neil Blue, market specialist with Alberta Agriculture and Rural Development in Vermilion. “For example, canola is typically graded based on appearance, smell, moisture content, […] Read more
U.S. says unapproved genetically modified wheat found in Montana
Reuters — Monsanto’s experimental genetically engineered wheat, never approved for sale, has been found growing in a second U.S. state, and regulators said Friday they could not explain how the plants escaped field trials that ended almost a decade ago. About a year after discovery of the company’s unapproved wheat in a single Oregon field […] Read more
The bottom line on grain storage
Reading Time: 2 minutes AARD Release / Alberta Agriculture and Rural Development has a pair of new fact sheets on the pros and cons of various grain storage options. “With record crop yields and transport delays of 2013, came greater interest of on-farm storage options,” said Jennifer Stoby, provincial market analyst for agriculture inputs. “Choosing the right grain storage […] Read more
Unusually large Canadian wheat cargo set to unload in France
Paris | Reuters –– An unusually large cargo of Canadian wheat was due to unload at Rouen, northern France, this week, port data showed on Thursday, adding to evidence that buyers are being forced to offset lower quality grain from this year’s French harvest. France usually imports small amounts of high-quality Canadian wheat — used […] Read more
Calculators needed to make sense of Prairie wheat bids
CNS Canada — Consistent wheat pricing can still be a struggle to find across Western Canada, two years into the new open market. A lack of consistency can make it difficult to compare pricing from one delivery point to the next, leaving farmers uncertain just how much their wheat is worth. While one elevator may […] Read more
U.S. wheat futures pressured by weak French market
CNS Canada — U.S. wheat futures have fallen to four-year lows, but could have more room to the downside as large global supplies and declining world prices weigh on values. In addition to the ample world supply situation, much of the recent weakness in the U.S. wheat market is tied to a “freefall” in the […] Read more
Wheat bids slide with U.S. futures
Average cash bids for Canada Western Red Spring (CWRS) wheat moved down across Western Canada during the week ended Friday, as continued losses in U.S. futures weighed on values. The highest CWRS prices were still available in Manitoba, but average bids in the province declined by $8 from the previous week, coming in at roughly […] Read more
U.S. spring wheat protein premiums soar after wet, cool summer
Chicago | Reuters — Cash prices for top quality U.S. hard red spring wheat are soaring as the rain-delayed harvest throws up lower-than-average protein levels, and traders and analysts said outsized premiums are likely to continue for months. Farmers are expecting the largest harvest in four years as wet, cool weather swells yields. But that […] Read more
Wheat bids down again
CNS Canada — Average bids for Canada Western Red Spring (CWRS) wheat moved down by an average of $2 to $5 per tonne across Western Canada during the week ended Friday, as large global wheat supplies weighed on the North American market. The highest CWRS prices were still available in Manitoba, but average bids in […] Read more
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