CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as declines in the Canadian dollar helped basis levels improve. Average Canada Western Red Spring (CWRS) wheat prices were steady to as much as C$5 per tonne higher over the week, according to price quotes from a cross-section […] Read more
Falling loonie boosts Prairie spring wheat bids
Team Canada a hit with foreign wheat buyers
Buyers want to know about this year’s crop, talk about what matters most to them, and get to know the farmers who grow the wheat
Reading Time: 4 minutes It was a whirlwind visit — seven Asian nations in just 18 days — and an eye-opener for Willingdon farmer Greg Porozni. “It was a gruelling trip, but it was good,” Porozni said after his recent Team Canada mission. “All we did was travel and present and we kept moving.” The chair of Cereals Canada […] Read more
Durum at a standstill despite fresh numbers from StatsCan
CNS Canada — Even fresh domestic production numbers aren’t able to move Canada’s durum prices, one analyst says, as the market stays stagnant on lacklustre processing demand from North Africa and Europe. “I think the trade was anticipating this number for a long time,” said Jerry Klassen, manager of the Canadian office for Swiss-based GAP […] Read more
A crop year that doesn’t look better in the rear-view mirror
Yields could have been worse and quality is pretty good, but this is a year distinctly lacking in high points
Reading Time: 3 minutes Harvest 2015 is, finally, a wrap and the storyline is pretty much the same across most of the province — yields are poor but not as bad as feared, and quality is surprisingly good. The final crop report from Alberta Agriculture and Forestry says yield estimates are higher than first forecast earlier in the summer. […] Read more
Algeria buys large quantity of durum
Reuters —Algeria’s state grains agency OAIC purchased about 350,000 tonnes of durum wheat for shipment in December and January likely to be sourced from Canada in a tender which closed on Thursday, European traders said on Monday. The average price paid was just below $330 per tonne, traders said, with one citing the price of […] Read more
Alberta producers in the final stages of harvest
Alberta crop conditions as of October 20, 2015
Reading Time: 2 minutes Harvest is in its final stages. Producers were able to take advantage of warm, mostly dry conditions this past week to raise the completion percentage to 96.3 per cent. Dry beans and potatoes are virtually completed and only 15 per cent of the sugar beet crop remains to be dug. What remains outstanding is principally […] Read more
Demand for North American durum now a balancing act
CNS Canada — North American durum prices are teetering on an edge and could tip higher or lower as the balance between producer selling and demand fluctuates, one U.S. analyst says. Canada’s production came in lower than expected due to drought during the growing season, which propped up durum prices, despite wheat’s global supply glut. […] Read more
Prairie cash wheat bids mixed
CNS Canada — Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were mixed during the week ended Friday, with prices edging lower in the eastern Prairies and moving up in Alberta. Average CWRS prices were down by C$2-$4 per tonne in Saskatchewan and Manitoba, but up by C$4-$9 in Alberta, according to […] Read more
Prairie CWRS cash bids soften, durum drops sharply
CNS Canada — Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were weaker during the week ended Friday, as U.S. futures markets plunged once again. Average CWRS wheat prices were down by C$7 to $26 per tonne over the week, with bids ranging from about $203 per tonne in the Peace region […] Read more
U.S. spring wheat yield projections highest ever
Fargo, N.D. (Reuters) — Yield potential for spring wheat grown in the northern U.S. Plains was projected as the highest on record, with the crop benefiting from timely planting and cool weather, according to results from an annual crop tour. Scouts on the Wheat Quality Council’s three-day tour of North Dakota, the top spring wheat […] Read more
Cyber-Savvy Farmer
