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Crops, Markets, Spring Wheat

Prairie cash wheat: Spring wheat bids mixed, durum jumps

U.S. December wheat futures down on week

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MarketsFarm — Increased worldwide demand for wheat and precipitation across the Prairies have resulted in mixed spring wheat bids for the week ended Thursday. Scattered showers across wheat-growing areas in Western Canada, as well as the ongoing spring wheat harvest, have brought downward pressure on the markets. The rising Canadian dollar also served to lower […] Read more
A corn crop near London, Ont. in July 2021. Relatively good yields down east may lead to more Prairie livestock feeders “jumping on the corn bandwagon.” (Farmtario photo by John Greig)
Barley, Crops, Markets

Feed weekly outlook: Crop estimates show severity of drought

'Corn bandwagon' filling up

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MarketsFarm — Preliminary crop yield estimates released by Statistics Canada on Monday outlined just how severely the drought in Western Canada cut into production. Mike Fleischhauer, general manager for Eagle Commodities at Lethbridge, Alta., was not at all surprised by the numbers. “I think we knew that was happening all along,” he said. “There are […] Read more
Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)
Barley, Crops, Markets

Feed weekly outlook: No surprises in latest barley numbers

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MarketsFarm — Following the release of monthly supply and demand estimates from Agriculture and Agri-Food Canada (AAFC) Thursday, Brandon Motz of CorNine Commodities at Lacombe, Alta. wasn’t surprised at how low the numbers dropped, particularly for barley. Motz commented the harvest hasn’t been as good as initially thought, noting the AAFC report confirmed the situation […] Read more
Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)
Crops, Markets, Reuters, Spring Wheat, Winter Wheat

Tax, competition expected to prolong Russian wheat export season

Tax complicates forward sales for exporters

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Moscow | Reuters — Exports of Russian wheat will stretch well into the second half of the season as Moscow’s export tax and tough competition with Ukraine and Romania slow sales until the end of 2021, traders and analysts said. Russia, the world’s largest exporter of wheat, generally sells most of its crop during the […] Read more
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Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Big jump for durum

U.S. futures, lower loonie supportive for cash wheat bids

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MarketsFarm — Wheat bids in Western Canada for the week ended Thursday were higher for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats, while there were sharp increases for Canada Western Amber Durum (CWAD). Gains in U.S. wheat markets supported values, as did a steep drop for the Canadian dollar. Average […] Read more
A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: New crop expected to stabilize feed prices

Drought will drag Prairies' yields much lower

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MarketsFarm — New crop is starting to make its way into feed grain bins as the annual harvest gets underway in Alberta. However, due to the drought conditions which have enveloped Western Canada, yields will be much lower than normal. “(The yields are) generally lower than expected and (there’s been) some disappointment,” said Allen Pirness, […] Read more
File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)
Crops, Markets, Winter Wheat

Russia’s agriculture ministry pauses grain harvesting data

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Moscow | Reuters — Russia’s agriculture ministry has paused its daily publication of grain harvesting data while it refines the reporting format used by the country’s growing regions, the ministry said Wednesday. Russia is the world’s largest wheat exporter, supplying it mainly to Africa and the Middle East. It competes with the European Union and […] Read more
Photo: File
Beef Cattle, Cereals, Markets

Feed weekly outlook: DDGs becoming another feed option

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MarketsFarm – As traditional feed grains such as barley and wheat become more expensive due to persistent drought-like conditions in the Prairies, many feedlots are using alternative sources of feed for their animals. Dried distillers grains with solubles (DDGs), the grain by-products which remain after starch has been fermented through the making of alcohol or […] Read more

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