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
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
Initiative aims to showcase the benefits of growing winter wheat
Ducks Unlimited Canada teams up with Lakeland ag students to explore winter wheat’s potential
Reading Time: 2 minutes To many agricultural producers, winter wheat is an unknown and untried commodity. But a new project by Ducks Unlimited Canada (DUC) is intended to show winter wheat can add to a producer’s pocketbook, the land’s productivity, and nature’s ecological balance. This fall, DUC conservation specialist Bryon Wolters invited Lakeland’s crop technology students to take part in […] 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
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
Prairie spring 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 strengthening U.S. futures provided support. In Manitoba, the average CWRS price rose to $234 per tonne, from $223 the previous week. Similar gains were noted across the rest of the Prairies, with average prices […] Read more
Australian farmers hold back wheat sales as dryness curbs yields
Reuters — Australian farmers are holding back wheat crop sales as dryness in parts of the country’s eastern grain belt cuts yields, raising the likelihood for a boost to global prices that have dropped 13 per cent this year. Farmers in the world’s fourth biggest wheat exporter have sold only about a quarter of this […] Read more
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