Reading Time: 3 minutes Glacier FarmMedia – Canadian wheat exporters are facing a new competitor in their second biggest market. “The rapid emergence of Brazil as an exporter in Indonesia and other foreign markets has been remarkable,” the U.S. Department of Agriculture said in its recent Grain: World Markets and Trade report. Indonesia bought 2.14 million tonnes of bulk […] Read more
Brazil muscles into wheat market
The agricultural superpower will be a fierce competitor, but is mainly striving for self-sufficiency
Keep your crops market ready
Reading Time: < 1 minute The quality and reputation of Canadian canola, cereals and pulses are amongst the best in the world, and Canadian growers work hard to produce crops to the highest standard. An important part of maintaining the trust of Canada’s domestic processors, grain buyers and export customers relies on meeting the residue tolerances of Canada’s global customers. […] Read more
Canadian grain exporters could see advantage
Reading Time: < 1 minute Canadian grain exporters may get a boost from Washington’s “deteriorating relationship” with China, CoBank says in its 2023 outlook. A number of trade disputes as well as tensions over Taiwan are spilling into the grain sector, the lender said in its outlook. “China has made it clear that it would like to minimize its dependence […] Read more
Canadian wheat prospects good, says commodity agency
Reading Time: < 1 minute Canada’s rebound in wheat production in 2022 will “thrust the country into the position of a major global supplier in early 2023,” says market analysis agency S&P Global Commodity Insights. And demand for Canadian wheat is likely to rise further because of weather woes in Argentina and the U.S. Wheat sales to China are already […] Read more
Grain movement stats are a window into the market
Weekly numbers from the grain commission give near real-time data on deliveries and exports
Reading Time: 2 minutes Keep an eye on the weekly numbers for producer deliveries and grain exports, says a provincial crops market analyst. “Weekly updates from the Canadian Grain Commission provide useful crop market movement and demand information,” said Neil Blue. The grain commission data covers grain and oilseeds moved in bulk (it doesn’t include container shipments) and it […] Read more
Prairie grain shipping record a hopeful sign, but will it continue?
Elevator association says CN’s record week is encouraging but winter movement must stay strong
Reading Time: 3 minutes Glacier FarmMedia – CN’s record-setting week for moving Prairie grain is impressive but it’s consistency that matters in grain transport, says the Western Grain Elevators Association. “Even an amateur golfer can hit a hole in one once in a while, but the pros hit a good ball consistently,” said Wade Sobkowich, the association’s executive director. […] Read more
Rollercoaster doesn’t begin to describe today’s markets
Don’t expect a return to normal anytime soon, says panel of market watchers
Reading Time: 4 minutes Supply-chain lions and interest-rate tigers and market bears, oh my! That could have been the theme for a recent webinar featuring a host of market analysts, all of whom highlighted just what a volatile time this is. “You have to figure out what is going on in this world, because so much of what is […] Read more
Tough calls: canola marketing is extra complex in an unstable world
Pull the trigger or hold and hope? That perennial question is even more complicated this year
Reading Time: 3 minutes With the most expensive crop ever planted mostly in the bin and the world becoming more unstable by the day, farmers face complex choices for canola marketing. Should they sell what hasn’t been contracted to take advantage of prices hovering around $19 per bushel in early October? Or should they hold and wait for another […] Read more
The world loves our wheat, but just wishes there was more of it
Global buyers deeply worried given the war in Ukraine and the low supply from Canada
Reading Time: 2 minutes ‘Holy cow, prices are high!’ That’s what some of Canada’s desperate grain customers are probably saying right now, says Todd Hames, the outgoing chair at Cereals Canada. “We have quite a few loyal customers in the world and they’re looking for Canadian wheat because of the quality and consistency of our products,” said the Alberta […] Read more
The scramble is on for canola
Reading Time: < 1 minute The country’s smallest canola harvest in 13 years is forcing importers such as Japan and Mexico to pay more or scramble for supplies elsewhere. Both export markets and domestic crushers are coming up far short of normal supplies. Exports were only 388,000 tonnes in the first seven weeks of the new crop year (which began […] Read more
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