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Cereals

(Alkestida/iStock/Getty Images)
Crops, Markets, Reuters, Spring Wheat

China’s COFCO says it imported Canadian durum for first time

China's imports usually involve pasta or durum flour instead

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Beijing | Reuters — Chinese state-run food group COFCO Group said it had imported Canadian durum wheat for the first time for processing into flour, a departure from China’s usual practice of importing finished durum flour or pasta. “This direct import of durum wheat has enriched the structure of China’s imported wheat varieties, facilitated the […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Weak demand for barley

Cost of corn DDGS may favour barley

By
MarketsFarm — As demand for barley remains limp, it has become rather difficult to move the feed grain, according to Darcy Haley of Ag Value Brokers in Lethbridge. “There’s just no demand. We did barley March 10 at $320 per tonne, and in April through to July it traded at $328. That’s $7-$10 cheaper than […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Bids ease off

U.S. wheat futures turn lower

By
MarketsFarm — Bids for western Canadian wheat were down all around for the week ended Thursday, with Canada Prairie Spring Red (CPSR) wheat having the largest losses. U.S. wheat futures were lower as export sales continued to be weak. For the week of Nov. 3-9, 176,300 tonnes were sold for export, down 50 per cent […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Bids up in early November

U.S. wheat futures up on week

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MarketsFarm –– Spring wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up by $8.80-$10.10 per tonne across the Prairies, according to price quotes from a cross-section of delivery points compiled by PDQ […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets

Feed weekly outlook: U.S. corn moving into Canadian feedlots

Canada's feed grain exports down on year

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MarketsFarm — The steady flow of corn from the United States into Canadian feedlots should keep prices for domestic feed grains under pressure for the foreseeable future. Canada imported 91,100 tonnes of corn from the U.S. during the week ended Nov. 2, taking the marketing-year-to-date total to 221,700 tonnes, according to the latest U.S. Department […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Weaker U.S. values pull down Canadian prices

Lower export sales drag on U.S. wheat

By
MarketsFarm — Wheat prices across the Canadian Prairies fell back during the week ended Nov. 2, with losses in Canada Western Red Spring and Canada Prairie Spring Red wheats, while those for Canada Western Amber Durum were mostly lower. The U.S. wheat complex lost ground during the week, due in part to lacklustre export sales. […] Read more
Malteurop, which operates a malt house at the east end of Winnipeg, is one of several malting companies with a presence in Manitoba. (Dave Bedard photo)
Barley, Crops

CMBTC study finds new malting barley lines a fit for Manitoba

Agronomic traits in new varieties overcome disease issues that held crop back

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Manitoba farmers have improved prospects to access the more-lucrative malting barley market, according to a recent study. The report by the Canadian Malting Barley Technical Centre (CMBTC), in collaboration with the Manitoba Crop Alliance, says new Canadian malting barley varieties can be grown successfully in Manitoba. With yields and quality comparable to the check variety […] Read more
Photo: File
Barley, Crops, Markets

Feed weekly outlook: Prices to continue slipping back

Feedlots covered for now

By
MarketsFarm — Feed prices are set continue grinding lower for the balance of 2023, “as domestic end users are covered,” according to Jim Beusekom, president of Market Place Commodities in Lethbridge. Beusekom pointed to the amount of contracted corn being imported from the United States as well as better-than-expected yields across the Prairies this harvest. […] Read more
CBOT December 2023 oats with cash contract price overlay (brown line). (Barchart)
Crops, Markets, Oats

Oat cash prices don’t immediately follow CBOT movement

One trader can push market around, trader says

By
MarketsFarm — While oats on the Chicago Board of Trade rallied recently, upward movement in cash prices was varied. Even as that rally came to its eventual end, cash prices on the Canadian Prairies did not budge a great deal. Over nine consecutive sessions, the December oat contract at Chicago pushed higher by 29.5 U.S. […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids book week of losses

U.S. wheat futures down on week

By
MarketsFarm — Western Canadian wheat bids took a tumble with durum prices having the largest losses during the week ended Oct. 26. U.S. wheat futures were pressured throughout the week as rains fell on winter wheat-growing areas in the country, as well as in Argentina, Ukraine and Australia. Export sales for U.S. wheat were lower […] Read more

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