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Wheat

A combine unloads wheat on the outskirts of Ahmedabad in western India on March 16, 2022. (Photo: Reuters/Amit Dave)
Crops, Markets, Reuters, Spring Wheat, Winter Wheat

Record wheat crop, high stocks to help India meet rising export demand

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New Delhi | Reuters — Bumper harvests and overflowing grain bins will help India to meet wheat import needs of the world’s top buyers as Russia’s Ukraine invasion hits supplies from the Black Sea region, a top government official said. India, the world’s second biggest wheat producer, is prepared to meet any extra demand for […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Bids up on Ukraine projections, poor U.S. winter wheat conditions

U.S. May wheats up on week

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MarketsFarm — A sharp reduction of wheat acres in war-torn Ukraine and poor crop conditions in the United States all brought support to wheat bids in Western Canada for the week ended Thursday. Russia’s invasion of Ukraine has not only posed major difficulties exporting grain out of the country, but will also prevent wheat acres […] Read more
(Qingwa/iStock/Getty Images)
Crops, Markets

U.S. crop prices climb following April WASDE report

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MarketsFarm — There were two notable surprises in the latest supply and demand estimates from the U.S. Department of Agriculture, according to Ryan Ettner, trader with Allendale Inc. in McHenry, Ill. One was USDA having maintained its carryout for corn; the other was the carryover for wheat being a little larger than what the markets […] Read more
CBOT July 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat, soybeans firm on tighter stocks

Corn firm, ending stocks unchanged

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Chicago | Reuters — Chicago wheat, corn and soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) assessed global supply and demand, reflecting the impact that Russia’s invasion of Ukraine has had on Black Sea exports. Grain prices remained underpinned by Russia’s six-week-old invasion, which has stalled large amounts of Ukrainian exports […] Read more
Then-federal Agriculture Minister Gerry Ritz (second from right) announces G3’s plan to take a majority stake in CWB in April 2015 in Winnipeg. (Dave Bedard photo)
Crops

Farmers’ CWB class action lawsuit gets certified

Suit claims federal government wrongly used farmers' money to help privatize the Wheat Board

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A class action lawsuit alleging the government of Canada and G3 Canada Ltd. unlawfully used millions of farmer dollars to privatize the Canadian Wheat Board (CWB) has been certified after wending its way through the courts for 10 years. Court of Queen’s Bench Justice Chris Martin delivered his written judgment Tuesday in Winnipeg, clearing the […] Read more
Beef demand appears to be somewhat softer compared to January.
Cattleman’s Corner, Feed markets, Markets

Cattle market contends with softer demand and rising grain prices

Market Update with Jerry Klassen: As Russia and Ukraine ban grain exports, Canada may become a major supplier in some markets

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Alberta packers were buying fed cattle on a dressed basis in the range $272-$275 during the second week of March, relatively unchanged from 30 days earlier. Live bids were reported at $161 f.o.b. the feedlot in Alberta. The Alberta cash trade continues to trade at a $13-14 discount to the U.S. However, this spread had […] Read more
CBOT May 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn firm ahead of WASDE

Wheat down, but supported by winter crop stress

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Chicago | Reuters — Chicago Board of Trade soybean futures climbed on Thursday, bolstered by eroding South American production and steady U.S. export sales. CBOT wheat and corn futures eased ahead of the U.S. Department of Agriculture’s monthly global supply and demand report due Friday, expected to reflect the potential impact of the war in […] Read more

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