CNS Canada — Cash spring wheat bids across Western Canada improved during the week ended Friday, with prices receiving support from dry weather conditions in Alberta and Saskatchewan. Weakness in the Canadian dollar, which fell from the US80-cent mark to the mid-77-cent range between April 29 and Friday, added to the upside. Depending on the […] Read more
Prairie spring wheat bids rise with dry weather
Rising durum acres offset by declining spring wheat
CNS Canada –– Increased durum acres in Canada may limit the upside potential as far as prices are concerned, but smaller spring wheat plantings will also limit the downside, according to a durum trader. Statistics Canada on Thursday pegged intended durum acres at 6.12 million acres, which would be up from 5.82 million in 2015. […] Read more
Prairie spring wheat bids tick lower
CNS Canada — Cash spring wheat bids across Western Canada were slightly weaker during the week ended Friday, as the Canadian dollar gained ground relative to its U.S. counterpart. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by roughly $1 to $2.50 per tonne over the course of the […] Read more
Prairie spring wheat bids down as basis erodes
CNS Canada –– Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as basis levels deteriorated. Average Canada Western Red Spring (CWRS) wheat prices were down by C$1-$5 per tonne during the week, according to price quotes from a cross-section of delivery points across the Prairie provinces. Average prices ranged […] 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
Rusts enter southern Manitoba from U.S.
CNS Canada — While fusarium head blight and wheat streak mosaic have already popped up in Manitoba fields, a new strain of disease is making its presence felt in the province’s south. Stripe rust and leaf rust appear to have blown in from the United States. Pam de Rocquigny of Manitoba’s agriculture department said the […] Read more
Nearby spring wheat charts looking bullish
CNS Canada — Nearby technical signals for MGEX spring wheat futures in Minneapolis have turned bullish, as prices rallied during the first part of June. However, the market remains rangebound from a longer-term perspective. The July wheat contact in Minneapolis has climbed by 50 cents per bushel since June 1, and settled Tuesday at US$5.8275. […] Read more
U.S. spring wheat seeding ahead of average pace
CNS Canada — Hard red spring wheat planting in the U.S. is underway and advancing faster than average due to favourable warm, dry weather in many regions, according to the North Dakota Wheat Commission’s crop progress report. As of Sunday, 17 per cent of the U.S. spring wheat crop was in the ground, up from […] Read more
Stripe rust spread slowing, spring wheat fields most affected
Pest surveillance branch update August 7, 2014
Reading Time: 2 minutes Mike Harding, AARD – Twenty-four spring wheat fields were surveyed for stripe rust in the Lethbridge, Warner, Taber and Forty Mile counties of southern Alberta. The continuing hot, dry weather has generally slowed the spread of the disease. Among spring wheat fields surveyed, stripe rust was observed in 58 per cent with average stripe rust […] Read more