(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat soars on new rumours of Russian export curbs

Chicago | Reuters — U.S. wheat futures rose 3.5 per cent on Wednesday on technical buying and rumours that Russia might curb wheat exports, traders said. Soybeans and corn closed modestly higher, following wheat. Chicago Board of Trade December soft red winter wheat futures settled up 18-1/2 cents at $5.41-3/4 per bushel (all figures US$). […] Read more




Harvest ahead of five-year average, topsoil moisture continues to deteriorate

Saskatchewan Crop Report for the week ending August 20

Another week of warm and dry weather has allowed producers to make great strides in the field, according to Saskatchewan Agriculture’s weekly Crop Report. Sixteen per cent of the 2018 crop is now in the bin, up from five per cent last week and significantly ahead of the five-year (2013-2017) average of seven per cent […] Read more


(Stephen Ausmus photo courtesy ARS/USDA)

Wheat trade hoping for big export year

CNS Canada –– Canadian wheat growers could find themselves popular with international buyers this winter, as world wheat stocks hit lows not seen for a decade. Marlene Boersch, managing partner at Mercantile Consulting Venture, said the present 26-day wheat supply available to world markets, once China’s stockpiles are removed from the equation, should boost prices […] Read more




Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)

Russian ag minister sees no need for wheat export duty, for now

Moscow | Reuters — Russia’s agriculture minister sees no reason for now to introduce an export duty on wheat and is not considering one, he was quoted as saying by RIA news agency on Tuesday. A meeting at the agriculture ministry on Friday fuelled speculation among traders that Russia could consider grain export curbs once […] Read more