Cereals & Production Tips

Feed weekly outlook: Recent storms not hurting yields

By GFM Network News August 4, 2022

MarketsFarm – Recent bouts of severe weather in Alberta, most recently high winds and hail in the central region on Aug. 2, will not affect potential yields for feed grains, according to one trader. Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said while some crops were damaged from the storms in central Alberta, as […] Read more

Cereals, Markets

Feed weekly outlook: Declining prices not raising buyers’ interest

By GFM Network News July 28, 2022

MarketsFarm – Despite prices for Western Canadian feed barley and wheat continuing to decline, buyers are not opening their wallets just yet. Erin Harakal, trade manager for Agfinity Inc. in Stony Plain, Alta., said while growing prospects of a more typical harvest are making cereal crops more affordable, there is still a wait-and-see attitude from […] Read more

Reuters, Spring Wheat

Good weather, moisture boost northern North Dakota spring wheat prospects

By GFM Network News July 28, 2022

Devil’s Lake, N.D. | Reuters – Good weather and rains lifted spring wheat yields across northwest and north central North Dakota, although the lagging maturity of the late-planted crop may limit harvest prospects in the top producer of the high-protein grain, scouts on an annual tour said on Wednesday. Crop scouts estimated the average yield […] Read more

Military officers from Russia, Ukraine, Turkey and members of delegations from both countries and U.N. attend the opening ceremony of a joint coordination centre that will oversee a U.N.-brokered deal to re-open Ukrainian grain exports in the Black Sea, in Istanbul, Turkey, July 27, 2022. Photo: Reuters/Umit Bektas

Cereals, Reuters

Ukraine grain export coordination centre opens in Istanbul

By GFM Network News July 27, 2022

Istanbul | Reuters – Turkish Defence Minister Hulusi Akar on Wednesday unveiled a centre in Istanbul to oversee the export of Ukrainian grains after a landmark U.N. deal last week, with the first shipment expected to depart from Black Sea ports within days. Russia and Ukraine signed the deal, brokered by Ankara and the United […] Read more

Cereals, Reuters

As grain prices fall, food prices to ease first in developing world -U.S. official

By GFM Network News July 26, 2022

Sao Paulo | Reuters – Seth Meyer, chief economist at the United States Department of Agriculture, said on Tuesday weaker commodities prices will take longer to ease food inflation in the United States than in the developing world. Some of the world’s poorest nations were hardest hit by a spike in corn and wheat prices after Russia’s […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids mixed to lower

U.S. wheat futures up on week

By GFM Network News July 24, 2022

MarketsFarm — While wheat futures on the Chicago Board of Trade (CBOT) were higher after hitting low points, bids for Western Canadian wheat were mixed to lower for the week ended Thursday. The Canadian dollar gained ground against a weakening U.S. greenback, moving up by more than one U.S. cent. The loonie spent the week […] Read more

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Barley, Crops, Markets

Feed weekly outlook: New-crop supply outlook ‘significantly better’ as prices drop

By GFM Network News July 21, 2022

MarketsFarm — Prices for feed barley and wheat in Western Canada are still higher than this time last year, but if large declines in those prices are any indication, the 2022 harvest is set to be more typical than that of 2021. The high-delivered bid for Saskatchewan feed barley is $8 per bushel, $1 lower […] Read more

File photo of sunset over a wheatfield in Brazil. (Evandrorigon/E+/Getty Images)

Crops, Markets, Spring Wheat, Winter Wheat

Brazil seen adding wheat area, fewer acres in Argentina

By GFM Network News July 19, 2022

MarketsFarm — As farmers in Brazil plant more wheat this year, their counterparts in Argentina are cutting back on the amount of acres they plan to sow — although Argentina will still grow a great deal more wheat than Brazil. Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. at Hinsdale, Ill. said one reason […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids trend lower with U.S. futures

By Phil Franz-Warkentin, GFM Network News July 15, 2022

MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Friday, as losses in U.S. futures more than countered the supportive influence of the weakening Canadian dollar. Seasonal harvest pressure contributed to the declines, as the U.S. winter wheat harvest progressed northward. Average Canada Western Red Spring (CWRS, 13.5 per cent […] Read more

Barley, Crops, Markets

Feed weekly outlook: Grains under pressure awaiting new crop

Farmers 'digging in and being patient'

By Phil Franz-Warkentin, GFM Network News July 14, 2022

MarketsFarm — Feed grain bids in Western Canada continue to come under pressure, as feedlots chew through corn imports from the United States and wait on the new-crop harvest. “We’re certainly seeing things soften,” said grain trader Shaun Smith of Market Place Commodities in Lethbridge. Declines in the Chicago futures and good Prairie growing conditions […] Read more

Daily Network News

Russian grain ship believed sunk in Ukrainian drone attack found, towed to shore, TASS says

Striking JBS workers to return to Colorado plant on promise of talks

Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

Cereals