Cereals & Production Tips

Larger U.S. barley crop expected in 2022

MarketsFarm — Barley production in the U.S. is forecast to be up substantially in 2022, with early indications pointing to the largest crop in seven years. In its latest production estimates, the U.S. Department of Agriculture forecast the country’s 2022 barley crop at 3.8 million tonnes, which would be up from the 2.6 million tonnes […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Crops, Spring Wheat, Winter Wheat

Larger spring wheat crop expected in U.S.

USDA expects reduced total worldwide wheat crop

By Phil Franz-Warkentin, GFM Network News July 13, 2022

MarketsFarm — Early indications point to a much larger spring wheat crop in the United States in 2022 compared to the drought-stricken 2021 crop despite the late seeding, according to the latest production estimates from the U.S. Department of Agriculture. In USDA’s first official production estimates of the growing season breaking out the different wheat […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Prices take a hard hit

By GFM Network News July 9, 2022

MarketsFarm — Wheat prices on the Canadian Prairies were down hard for the week ended Thursday. Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats incurred sharp losses as prices tumbled in U.S. markets. Additional pressure came from Statistics Canada’s report on planting intentions for 2022-23. The […] Read more

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets

Feed weekly outlook: Grain prices coming down

By GFM Network News July 7, 2022

MarketsFarm — As futures prices fall back, those for feed have been following, according to Jenny Redshaw, a trader with Agfinity at Stony Plain, Alta. “There are lots of things going on,” she said, noting demand has been somewhat lacklustre. “The feedlots aren’t breaking down any doors,” she added. With prices down across the board […] Read more

“There is still a pile of corn going into southern Alberta,” says one trader at Eagle Commodities Ltd. Photo: MaksymTopchyi/iStock/Getty Images

Cereals, Markets

Feed weekly outlook: Decline in feed grain prices anticipated

By GFM Network News June 29, 2022

MarketsFarm – Much-needed rains falling onto most parts of Alberta have created ideal growing conditions for feed grains in the province, which has already created a slight decline in prices. “Southern Alberta has been very, very dry, but we’ve had anywhere from four to six inches of rain over the last three weeks,” said Mike […] Read more

Cereals, Reuters

Argentina’s Bioceres says GMO wheat gets OK from U.S. FDA

By Tom Polansek, GFM Network News June 27, 2022

London/Chicago | Reuters – The U.S. Food and Drug Administration concluded a review of Argentine biotechnology firm Bioceres’ BIOX.BA genetically modified (GMO) wheat without further questions, a “key step” to commercializing it in the United States, the company said on Monday. While corn and soy crops used predominantly to feed livestock are commonly planted with […] Read more

Price movement for both feed barley and feed wheat in Western Canada have been mixed. Photo: Canada Beef Inc.

Cereals, Crops, Markets

Feed weekly outlook: Barley, wheat prices starting to soften

By GFM Network News June 23, 2022

MarketsFarm – It appears that the days of feedlots on the Prairies primarily using corn may be coming to an end. After nearly a year of feedlots importing corn from the United States, due to tight supply and higher prices for feed barley and feed wheat in Western Canada, demand has mostly turned towards cereal […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids firm as loonie falls

By Phil Franz-Warkentin, GFM Network News June 18, 2022

MarketsFarm — Spring wheat bids in Western Canada moved higher during the week ended Thursday, as heavy losses in the Canadian dollar more than countered the bearish influence of weakening U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $4.50-$7.40 per tonne during the week ended Thursday, […] Read more

File photo of a barley seedling. (SusanHSmith/iStock/Getty Images)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Rains boost Prairie grain prospects

By Phil Franz-Warkentin, GFM Network News June 17, 2022

MarketsFarm — Heavy rains in Alberta and western Saskatchewan over the past week should give grain crops a good start to the growing season — and put some pressure on the feed grain market, which remains at historically high prices after last year’s drought. The rain “will kick the production can a fairly good ways […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Spring wheat up, durum pulls back

By GFM Network News June 10, 2022

MarketsFarm — Wheat prices on the Canadian Prairies were mixed during the week ended Thursday. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats incurred moderate gains, as Canada Western Amber Durum (CWAD) fell back. Good upticks in the U.S. wheat complex fueled price increases in Western Canada, along with a weaker […] Read more

Daily Network News

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Cereals