Reuters — U.S. corn production will crack the 14-billion-bushel mark for the first time in 2014, the U.S. Department of Agriculture said on Tuesday, but the crop was slightly below trade expectations, potentially giving a bullish kick to the beaten-down corn futures market. At 14.03 billion bushels, the estimated crop fell short of trade estimates […] Read more
USDA projects record U.S. corn, soybean production
Improving basis boosts Prairie wheat bids
CNS Canada — Average bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat were stronger during the week ended Monday, as improving basis levels more than compensated for declines in U.S. futures. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in Monday at […] Read more
Are Prairie farmers still keen to move grain?
Canadian Grain Commission data shows deliveries to elevators have slowed considerably
Reading Time: 3 minutes The pace at which the handling and transportation system has been able to move grain off the Prairies and into export markets this spring has almost certainly exceeded all expectations. But the data through to late July has raised a new question: Are Prairie farmers still keen to move all the exceptional 2013 harvest? What’s […] Read more
Stripe rust spread slowing, spring wheat fields most affected
Pest surveillance branch update August 7, 2014
Reading Time: 2 minutes Mike Harding, AARD – Twenty-four spring wheat fields were surveyed for stripe rust in the Lethbridge, Warner, Taber and Forty Mile counties of southern Alberta. The continuing hot, dry weather has generally slowed the spread of the disease. Among spring wheat fields surveyed, stripe rust was observed in 58 per cent with average stripe rust […] Read more
Durum prices, quality vary
CNS Canada — The Canadian durum crop is currently seeing a wide range in both crop quality and prices. “It looks like the prices are quite volatile,” said Jerry Klassen, manager of GAP SA Grains and Produits in Winnipeg. “They are quite variable between $7 per bushel to $8.50 per bushel.” This wide price range […] Read more
Prairie wheat bids up with U.S. futures, improving basis
CNS Canada — Average bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat were stronger during the week ended Tuesday, with improving basis levels and strength in U.S. futures behind the rise. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in Tuesday at […] Read more
Rain hits Ukrainian wheat quality
Kiev/Moscow | Reuters — Ukraine is set to produce more wheat for animal feed and less higher grade bread-making grain this year, as rain damage has shifted the global exporter’s quality balance, traders and analysts said. The altered backdrop is seen heaping further pressure on global prices, while also signalling tougher competition with other European […] Read more
Wheat quality declines a mystery
Not all customers are happy with AC Harvest and AC Stettler, but it’s not known whether the varieties or growing conditions are the issue
Reading Time: 2 minutes Researchers at Alberta Agriculture and Rural Development are trying to get at the root of what’s causing quality problems in two popular hard red wheat varieties. “We cannot lose our reputation as a high-quality supplier,” said Sheri Strydhorst, agronomy research scientist with Alberta Agriculture and Rural Development. “For us to compete as just a volume […] Read more
GRAINS: Soybeans, wheat firm on strong exports; corn weakens on weather
U.S. soybean futures rose on Thursday on signs that demand will keep domestic supplies tight until harvest, while corn weakened due to forecasts for more crop-boosting rain in the U.S. Midwest, traders said. “The beans firmed up due to some speculators taking advantage of the weakness earlier in light of the very strong demand we […] Read more
W. Canada spring wheat, durum yields look second-biggest ever: crop tour
Reuters — Western Canada spring wheat and durum yields this year look to fall from last year’s high levels, but the still bountiful production should offset some losses from flooded farms, leaders of a crop tour said on Thursday. The inaugural Cereals North America Canadian crop tour pegged spring wheat yield potential in the region […] Read more
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