CNS Canada –– All three U.S. wheat futures markets hit fresh contract lows on Tuesday — and further losses are likely, as most fundamental and technical factors remain bearish. “The trend certainly hasn’t been positive,” said market analyst Bryan Strommen of Progressive Ag in Fargo, N.D. He cited improving U.S. winter wheat conditions, favourable weather […] Read more
U.S. wheat futures hit new lows, more losses likely
Stripe rust reported in County of Forty Mile and in Parkland Co
Reading Time: < 1 minute Stripe rust has been reported on older leaves of winter wheat all across central and southern Alberta. Frequent scouting and monitoring of stripe rust in winter wheat is strongly urged. Protection with a fungicide application may be required at flag leaf emergence if the disease begins to move into the upper canopy in susceptible winter […] Read more
Colombia clears paper trail for more Canadian wheat
“Continuous engagement” has led to a lighter regulatory load on Canadian wheat bound for Colombia, already Canada’s seventh-biggest wheat export market. The Canadian Food Inspection Agency and trade group Cereals Canada on Tuesday announced Colombia has eased phytosanitary import rules for Canadian wheat, “effectively putting Canada on a level playing field with other exporting countries.” Colombia’s […] Read more
Prairie CWRS bids mixed as basis adjustments vary
CNS Canada — Cash bids for Canadian wheat were mixed during the week ended Friday, due to basis adjustments that varied from location, to location. Average Canada Western Red Spring (CWRS) wheat prices were C$2.50 per tonne lower to $4 higher, with bids ranging from $185 per tonne in north-central Saskatchewan to $203 per tonne […] Read more
Wheat bids edge lower across Prairies
CNS Canada — Cash bids for Canadian wheat were down during the week ended Friday, as values reacted to adjustments in the U.S. futures and the foreign exchange markets. Average Canada Western Red Spring (CWRS) wheat prices were down by C$3 to $5 per tonne, with bids ranging from $181 per tonne in north-central Saskatchewan […] Read more
Daily price limits revised for CBOT grains futures
Chicago | Reuters — Daily price limits for Chicago Board of Trade (CBOT) corn and wheat futures will rise starting in May, while soybean limits will not change following a semi-annual review, CBOT parent CME Group said Thursday. Under exchange rules, the CBOT resets daily limits for grains and oilseeds in May and November of […] Read more
Prairie wheat bids slide with U.S. futures
CNS Canada — Cash bids for Canadian wheat were down during the week ended Friday, as losses in the U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by $10-$19 per tonne, with bids ranging from $185 per tonne in north-central Saskatchewan to $209 per tonne in Manitoba, according […] Read more
Stripe rust alert in Alberta
Disease found in Oregon three weeks earlier than ever recorded
Reading Time: < 1 minute Alberta Agriculture plant pathologist Mike Harding has issued a bulletin noting that stripe rust alerts have been issued for Oregon and Montana. A Jan. 19 Capital Press story says stripe rust has been discovered in Oregon’s Willamette Valley. Oregon State University plant pathologist Chris Mundt and three extension researchers issued an alert Jan. 19 informing […] Read more
Russia’s ag ministry proposes to cancel wheat export tax
Moscow | Reuters — Russia’s agriculture ministry has proposed to the government to cancel a tax on wheat exports from July 1 when the 2015-16 marketing year starts, a source at the ministry told Reuters. Russia imposed the duty on wheat exports between Feb. 1 and June 30 in an effort to cool domestic food […] Read more
Prairie wheat bids drop with U.S. futures
CNS Canada –– Cash bids for Canadian wheat were down during the week ended Friday, as losses in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by C$8-10 per tonne, with bids ranging from $200 per tonne in north-central Saskatchewan to $219 per tonne in Manitoba, according to […] Read more
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