CNS Canada — As the winter wheat harvest finishes up in Manitoba, initial reports are that yields are lower than in years past. “It was a disadvantage with the winter and with the weather conditions this summer it’s been pretty dry… so between the two, it’s kind of reduced yields,” said Doug Martin, chairman of […] Read more
Manitoba winter wheat yields down
U.S. spring wheat, durum expected to surge
CNS Canada — Data released today from the U.S. National Agricultural Statistics Service showed large expected increases in spring wheat and durum production this year. Spring wheat production in the country, not including durum, is forecast at 614 million bushels, up 48 per cent from 2017. Of that, 584 million bushels, or 95 per cent […] Read more
Prairie winter wheat conditions uncertain
CNS Canada — While it’s too early to assess how the western Canada winter wheat crop fared this winter, there is some uncertainty due to unseasonably cold April temperatures. “We start losing cold tolerance, especially in March and going into April now. And that’s when you need to monitor temperatures or for (the crop) to […] Read more
Prairie wheat bids mixed while U.S. futures rise
CNS Canada — Wheat bids in Western Canada were mixed for the week ended Thursday, while U.S. wheat futures rose. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some unchanged and others rising by $1-$2, according to price quotes from a […] Read more
Prairie winter wheat conditions no cause for alarm, yet
CNS Canada — While it’s been a cold winter with little snow cover, there is still hope for the Prairies’ winter wheat crop as soil temperatures haven’t hit danger levels yet. “I checked the soil temperatures this morning across the Prairies and most of the soils are about -10 C and winter wheat at this […] Read more
CBOT weekly outlook: Futures get weather boost
CNS Canada — The troublesome weather that gave Chicago Board of Trade (CBOT) corn, soybean and wheat contracts a boost over the past week should remain supportive, despite nearby technical setbacks, according to a trader. “I’m still slightly bullish on beans, corn and wheat given the unfavourable weather situation in South America, with too much […] Read more
Limagrain says GMO protests could force R+D relocation
Paris | Reuters — Limagrain, the world’s fourth-largest seed maker, will consider moving its research activities out of France if field trials in its home market continue to be sabotaged by opponents of genetically modified crops. The French co-operative group was targeted last month by protestors who invaded test fields southeast of Paris and scattered […] Read more
CBOT weekly outlook: Markets stabilize following USDA reports
CNS Canada — Corn and soybean contracts on the Chicago Board of Trade (CBOT) are catching up following the release of U.S. Department of Agriculture (USDA) reports last Friday. Corn “went down on Friday in response to the report. We couldn’t file through it all yesterday. So we actually ended up finding some short-covering and […] Read more
CBOT weekly outlook: Markets await USDA reports
CNS Canada — Updated production, stocks and acreage numbers due out from the U.S. Department of Agriculture on Friday should provide some nearby direction for U.S. grain and oilseed markets. “I can’t really get too bullish on the bean market with the large USDA estimates hanging over our heads,” said Terry Reilly of Futures International […] Read more
Outlook improves for Prairies’ winter cereals
CNS Canada — Following concerns in September about seeding winter cereals in dry conditions, acres are down but crops seeded in Western Canada are doing good heading into the winter. “Very little moisture is required in the fall to get that seed to germinate and start growing, especially if it’s been seeded shallow,” said Amanda […] Read more
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