Cereals & Production Tips

Canadian spot wheat bids jump with U.S. futures

By GFM Network News March 4, 2014

CNS Canada –– Western Canadian cash bids for Canada Prairie Spring Red (CPSR) and Canada Western Red Spring (CWRS) moved higher over the past week, with a bounce in U.S. futures behind much of the strength. Average spot bids on Monday for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at […] Read more

Cereals, Crops, Machinery, Markets

Prairie rail jams putting Canadian millers in shutdown mode

By Grainews Staff, GFM Network News February 28, 2014

A rail backlog keeping Prairie wheat and oats from arriving at Canadian mills has already forced some millers to suspend operations, according to the millers’ organization. In the Feb. 27 issue of the Manitoba Co-operator, Canadian National Millers Association (CNMA) president Gordon Harrison notes “prolonged interruptions of up to three to four weeks” in wheat […] Read more

Crops, Markets, Spring Wheat

Prairie spot wheat bids weaken, but basis improves

By GFM Network News February 28, 2014

CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPRS) and Canada Western Red Spring (CWRS) moved lower over the past 10 days as U.S. futures ran into upside resistance. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at around $169 per tonne, or […] Read more

Barley, Crops, Markets

Grainworld: Barley prices to remain in downtrend for months

By GFM Network News February 26, 2014

Winnipeg | CNS Canada — Barley prices in Western Canada have seen a bit of a rebound rally recently, but that trend is not expected to stick around. The recent price climb was sparked by a stop in farmer selling and by ideas that the market dropped too low, too quick, Jim Beusekom of Market […] Read more

Cereals, Crops, Markets

Grainworld: Durum export outlook positive for 2014-15

By GFM Network News February 26, 2014

Winnipeg | CNS Canada –– Because of the large durum crop grown in Canada in 2013-14, the country needs to gain a higher percentage of global durum trade to alleviate some of the pressures of having huge supplies, the Wild Oats Grainworld conference was told here Monday. “And I don’t think it’s going to be […] Read more

Crops, Markets, Oats

Grainworld: Oats market a ‘trainwreck’

By GFM Network News February 25, 2014

Winnipeg | CNS Canada — The oats market in North America is a “trainwreck”, and there’s not much positive in the six- to 12-month outlook, an analyst told the Wild Oats Grainworld conference here Tuesday. “We have got bottlenecks all over the place. We are within an eyelash of shutting down the milling industry in […] Read more

Crops, Markets, Oats, Reuters

CBOT oats run limit-up, hit record high on Prairie rail woes

By GFM Network News February 25, 2014

Chicago | Reuters — The daily trading limit for Chicago Board of Trade oat futures and options will increase to 30 cents a bushel when the markets reopen, after the front-month contract rallied the 20-cent limit to an all-time high of US$5.03 on Tuesday. This is the second time in less than a week that […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

U.S. wheat futures entering neutral territory

By GFM Network News February 20, 2014

CNS Canada — All three U.S. wheat futures markets have posted good gains in recent weeks, after touching contract lows at the end of January. With improvements of 80 cents to a dollar per bushel off of the lows for Minneapolis, Kansas City and Chicago futures, wheat is now in neutral territory from both a […] Read more

Cereals, Crops, Markets, Oats, Reuters

Trading limits expand for CBOT oats on Prairie rail jams

By GFM Network News February 19, 2014

Chicago | Reuters — The daily trading limit for Chicago Board of Trade (CBOT) oat futures and options expands to US30 cents a bushel when the grain markets open on Thursday after the nearby contracts rallied the 20-cent limit on tight oat inventories. CBOT oat futures closed on Wednesday locked up the 20-cent limit in […] Read more

Crops, Markets, Spring Wheat

Spot bids for Prairie wheat climb with U.S. futures

By GFM Network News February 18, 2014

CNS Canada — Cash bids for Canada Prairie Spring Red (CPSR) and Canada Western Red Spring (CWRS) wheat continued to move higher amid the ongoing short-covering rally seen in U.S. wheat futures during the week ending Tuesday. Average spot bids on Tuesday for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News