Reading Time: 4 minutes Quality counts, whether in developing markets or established ones. That was a key takeaway for two Prairie farmers who participated in New Crops Missions prior to Christmas. “I was surprised in Ghana that two of the millers were using 100 per cent Canadian wheat,” said Kevin Bender, outgoing Alberta Wheat chair and a Cereals Canada […] Read more
In the end, the conversation always turns to quality
Whether they make pasta or couscous, blend it or mill it straight, buyers associated Canada with quality wheat
Prairie wheat bids fall with U.S. futures
CNS Canada — Wheat bids in Western Canada were mostly down for the week ended Friday with a weaker Canadian dollar and falling U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $1-$7, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and […] Read more
Falling U.S. futures weigh on Prairie wheat bids
CNS Canada — Hard red spring wheat bids in Western Canada lost ground during the week ended Friday, as losses in U.S. futures more than offset the supportive influence of the declining Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3-$11 per tonne over the course […] Read more
AGT’s privatization to proceed
CNS Canada — AGT Food and Ingredients has announced a definitive agreement to take the publicly-traded Saskatchewan pulse and durum processing and export firm private. If all conditions are met, the deal is expected to go through in the first quarter of 2019. The buyer group, including AGT CEO Murad Al-Katib, Fairfax Financial Holdings Limited […] Read more
Feed weekly outlook: Durum, red spring wheat head to feed market
CNS Canada — Feed grain prices have fluctuated very little over the past few weeks according to one Alberta-based commodities trader. Jim Beusekom, president of Market Place Commodities in Lethbridge, said corn has been getting $245-$250 per tonne. There is plenty of corn available in the U.S. and its price is often the cap on […] Read more
Positives and negatives both loom in cereal outlook
CNS Canada — There was a mix of good and bad from two senior market analysts when it came to their outlook for cereal crops. Jonathon Driedger and Neil Townsend, both with FarmLink Marketing Solutions, gave their thoughts about the global markets for wheat, durum, feed barley and oats Wednesday at the Grain World conference […] Read more
Wheat research receives funding
Reading Time: < 1 minute Eleven research projects ranging from nitrogen fertilizer use and soil health to drying grain while in storage are receiving $2.2 million from the Saskatchewan Wheat Development Commission and Alberta Wheat. Three of the projects are on fusarium head blight (management, resistance, and post-harvest strategies) while four are either focused on, or have a significant component […] Read more
Large Canadian canola ending stocks expected
CNS Canada — Canada’s canola ending stocks as of July 31 came in at about a million tonnes above the previous year’s carryout — but were still well within trade expectations. Canola supplies as of July 31 were estimated at 2.391 million tonnes by Statistics Canada on Thursday, with 954,000 tonnes of that in commercial […] Read more
Durum markets rattled as harvest set to start
CNS Canada — With the durum wheat harvest rapidly approaching in Western Canada, many analysts wonder how the dry conditions and extreme heat will affect yields. Yet there is one aspect about this year’s crop they already know. Increased seeded acreage this spring, and market access problems hindering longer-term durum sales, mean farmers might want […] Read more
This year’s back-up plan could work out nicely
Wheat acres in Alberta jumped this year but the move appears to be well timed
Reading Time: 3 minutes With the shine off pulses and disease issues constraining canola acres, wheat has become the go-to alternative for Alberta farmers this year. StatsCan estimates 6.27 million acres of spring wheat were planted in the province this year — 405,000 more acres than last year and the most since 2013. Add in durum and winter wheat, […] Read more