Chicago | Reuters — A blanket of heavy, wet snow covering most of North Dakota, the top U.S. wheat state, threatens to delay planting of spring wheat in another blow to a U.S. farm belt already facing billions of dollars in damage from flooding. Farmers from Missouri to South Dakota have seen their corn and […] Read more
Heavy North Dakota snows threaten wheat seeding
U.S. grains: Wheat futures plunge to contract lows
Chicago | Reuters — U.S. wheat futures sank 2.7 per cent to their lowest since January 2018 on Monday, pressured by plentiful stocks that were providing overseas buyers with multiple options for supplies when looking for export deals. The weakness in wheat weighed on corn, which notched its fourth straight day of declines and hit […] Read more
Partnership launches first CPSR wheat variety
Reading Time: < 1 minute The Alberta Wheat Commission and Canterra Seeds have launched a new wheat variety. AAC Crossfield, which will be available in spring, is the first variety created under their public, private, producer partnership (4-P). The high-yielding variety has short, strong straw that is well suited for high inputs and/or under irrigation and has improved milling and […] Read more
Harvest progress behind curve as hot, dry spell ends
Reading Time: 4 minutes Unsettled weather conditions continue to plague the 2018 harvest season. Producers made very little progress this past week as intermittent showers and rainfall affected all regions. Along with the moisture, cooler weather led to unwelcome frost and ended the long-lasting hot dry spell. The early morning hours saw temperatures in the central region fall below […] Read more
U.S. grains: Wheat near limit-up on yield concerns
Chicago | Reuters — U.S. wheat futures surged on Wednesday, supported by concerns about crop shortfalls in key production areas around the globe, traders said. The strength in wheat lifted corn futures to their highest in more than three weeks. Corn also received support from concerns about dry conditions limiting harvest yields in parts of […] Read more
U.S. spring wheat, durum expected to surge
CNS Canada — Data released today from the U.S. National Agricultural Statistics Service showed large expected increases in spring wheat and durum production this year. Spring wheat production in the country, not including durum, is forecast at 614 million bushels, up 48 per cent from 2017. Of that, 584 million bushels, or 95 per cent […] Read more
Wheat class is now in session — which one will you grow?
Hard red spring dominates wheat acres in Alberta, but you have to do the math for your farm
Reading Time: 3 minutes So what’s it going to be on your wheat acres? Canadian Prairie Spring or Canadian Western Red Spring? “For us, it all comes down to what we can grow well and how it pencils out in terms of profitability,” said Hannah Konschuh, who farms near Cluny. “Usually, it’s dictated by the markets. At this point […] Read more
Prairie wheat bids mixed while U.S. futures rise
CNS Canada — Wheat bids in Western Canada were mixed for the week ended Thursday, while U.S. wheat futures rose. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some unchanged and others rising by $1-$2, according to price quotes from a […] Read more
U.S. grains: Soy hits one-week top
Chicago | Reuters — U.S. soybean futures climbed to a one-week high on Friday, buoyed by a light surge of buying in the closing minutes of trade following a dull, largely technical session, analysts said. Wheat and corn also closed with modest gains. Chicago Board of Trade November soybeans settled up four cents at $9.72-1/4 […] Read more
Minneapolis wheat trends lower, more losses likely
CNS Canada — Spring wheat futures on the Minneapolis Grain Exchange (MGEX) are trading right above major support and are poised to keep moving lower, according to an analyst. The U.S. Department of Agriculture unexpectedly raised its estimate on the size of the U.S. spring wheat crop to 416.2 million bushels in a report released […] Read more