Cereals & Production Tips

Bread is baked at Erbil in northern Iraq in March 2003. Islamic State fighters are reported today to be entering Iraqi government silos in wheat-growing regions of the country, taking wheat for milling and marketing the flour locally. (Photo courtesy United Nations Oil-for-Food Program, www.un.org/Depts/oip/)

Islamic State militants grab new weapon: Iraqi wheat

By GFM Network News August 13, 2014

Baghdad/Abu Dhabi | Reuters — After seizing five oil fields and Iraq’s biggest dam, Sunni militants bent on creating an Islamic empire in the Middle East now control yet another powerful economic weapon: wheat supplies. Fighters from the Islamic State have overrun large areas in five of Iraq’s most fertile provinces, where the United Nations […] Read more

Barley, Cereals, Crops, Weather

Southern Alta. barley harvest underway

By GFM Network News August 13, 2014

CNS Canada — Harvest started this week for some barley crops in southern Alberta — parts of which have reported little or no rain for weeks. “I’m in southern Alberta (where) we just started harvest on our barley (on Monday), and I would say that the barley crops look good, (but) we’ve been a bit […] Read more

Crops, Weather, Winter Wheat

Prairie winter wheat harvest to ‘drag on’

By GFM Network News August 12, 2014

CNS Canada — The winter wheat harvest is underway in some parts of the Prairies, but because of variable conditions, activities are expected to ‘drag on’ this year. “Some people are saying some of it may run into the spring crops,” said Jake Davidson of Winter Cereals Canada at Minnedosa, Man. “But overall things are […] Read more

Cereals, Corn, Crops, Markets, Soybeans, Spring Wheat, Winter Wheat

USDA projects record U.S. corn, soybean production

By GFM Network News August 12, 2014

Reuters — U.S. corn production will crack the 14-billion-bushel mark for the first time in 2014, the U.S. Department of Agriculture said on Tuesday, but the crop was slightly below trade expectations, potentially giving a bullish kick to the beaten-down corn futures market. At 14.03 billion bushels, the estimated crop fell short of trade estimates […] Read more

Cereals, Crops, Markets, Spring Wheat

Improving basis boosts Prairie wheat bids

By GFM Network News August 11, 2014

CNS Canada — Average bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat were stronger during the week ended Monday, as improving basis levels more than compensated for declines in U.S. futures. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in Monday at […] Read more

The M.V. Ikan Suji arrived Tuesday at Churchill, Man. to take a load of Richardson International’s wheat to Mexico. (Photo courtesy Richardson International)

Cereals, Crops, Markets, Weather

Churchill open, hopes for record exports

By Allan Dawson, GFM Network News August 7, 2014

The first ship of what’s hoped to be a record-breaking year was loading wheat at Manitoba’s Port of Churchill starting Tuesday. The M.V. Ikan Suji began taking on 32,500 tonnes of No. 2 Canada Western Red Spring (CWRS) wheat sold by Richardson International and destined for Mexico. Merv Tweed, president of OmniTrax Canada, which owns […] Read more

Cereals, Crops, Markets, Spring Wheat, Weather

Durum prices, quality vary

By GFM Network News August 7, 2014

CNS Canada — The Canadian durum crop is currently seeing a wide range in both crop quality and prices. “It looks like the prices are quite volatile,” said Jerry Klassen, manager of GAP SA Grains and Produits in Winnipeg. “They are quite variable between $7 per bushel to $8.50 per bushel.” This wide price range […] Read more

Cereals, Crops, Weather, Winter Wheat

Winter wheat harvest underway in central Man.

By GFM Network News August 6, 2014

CNS Canada –– The winter wheat harvest is underway in Manitoba, with farmers starting to combine the crop in the central region during the week ended Tuesday. The latest crop report from Manitoba Agriculture, Food and Rural Development cited preliminary results showing average yields of about 60 bushels an acre for the winter wheat crop, […] Read more

Cereals, Crops, Markets, Spring Wheat

Prairie wheat bids up with U.S. futures, improving basis

By GFM Network News August 5, 2014

CNS Canada — Average bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat were stronger during the week ended Tuesday, with improving basis levels and strength in U.S. futures behind the rise. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in Tuesday at […] Read more

Cereals, Crops, Markets, Reuters, Spring Wheat, Weather

Rain hits Ukrainian wheat quality

By GFM Network News August 5, 2014

Kiev/Moscow | Reuters — Ukraine is set to produce more wheat for animal feed and less higher grade bread-making grain this year, as rain damage has shifted the global exporter’s quality balance, traders and analysts said. The altered backdrop is seen heaping further pressure on global prices, while also signalling tougher competition with other European […] Read more

Daily Network News

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