Cereals & Production Tips

Feed weekly outlook: DDGs becoming another feed option

By GFM Network News August 9, 2021

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

A sharply smaller spring wheat harvest due to drought may force bakers to change how they work with flour. Photo: DanielBendjy/E+/Getty Images

Cereals, Reuters, Spring Wheat

Millers, bakers fret as drought withers North America’s spring wheat

By Rod Nickel, GFM Network News August 5, 2021

Reuters – Millers and bakers are draining wheat reserves and paying more for spring wheat used in baking, as drought shrivels crops across the Canadian Prairies and northern U.S. Plains that produce more than half of the world’s supply. U.S. and Canadian farmers are bracing for a sharply smaller spring wheat harvest due to the […] Read more

Alberta’s barley harvest this year is expected to be ‘fairly light,’ according to one commodity trader. Photo: File

Cereals, Markets

Feed weekly outlook: Reduced yields starting to become a reality

By GFM Network News July 30, 2021

MarketsFarm – As old crop stocks of feed barley and feed wheat continue to dwindle, the realization of reduced yields is now supporting bids for new crop. “Down here, there are a few guys that are starting to pull off some barley here in the next little bit. You’re going to find that the barley […] Read more

North Dakota is the biggest U.S. producer of spring wheat, used in artisanal breads, pizza dough and bagels. Photo: Thinkstock

Cereals, Crops, Reuters

Southern, eastern North Dakota spring wheat yields hurt by drought

By GFM Network News July 28, 2021

Mandan, N.D. | Reuters – Spring wheat yields in southern and east central North Dakota are well below average as a severe drought slashed production potential in the country’s top producing state, scouts on an annual crop tour said on Tuesday. Crop scouts calculated an average spring wheat yield at 29.5 bushels per acre (bpa) […] Read more

Crops, Markets, Spring Wheat

Durum markets reckon with weather

'There was no wiggle room for a crop problem'

By GFM Network News July 23, 2021

MarketsFarm — The higher temperatures soared and the longer between rains in Western Canada, the lower the yield projections for most crops — and drought-tolerant durum wheat is no exception. With bids already elevated due to a downturn in potential new-crop supply, the price of durum could rise even higher. “There’s not a lot of […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Bids rising in Saskatchewan

By GFM Network News July 23, 2021

MarketsFarm — Feed grain prices in Western Canada are continuing their ongoing rise as heat and dryness cover the region. “For feed wheat (on Tuesday), I finally got a bid of $10 per bushel, which is really an amazing bid,” said Dale McManus, broker for Johnston Grains at Welwyn, Sask. The high-delivered bid for feed […] Read more

CBOT December 2021 oats (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets, Oats, Weather

Oat crop across Western Canada ‘not stellar’

By GFM Network News July 21, 2021

MarketsFarm — As with most other crops on the Prairies, conditions are “not stellar” for oats, according to Shawna Mathieson, executive director for the Prairie Oat Growers Association. POGA directors from across the region who participated in a recent board meeting had a rather grim outlook on the coming harvest, she said. “Not a single […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids up with strong gains in U.S. markets

By GFM Network News July 16, 2021

MarketsFarm — Bids spiked for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR), and durum (CWAD) wheats in Western Canada for the week ended Thursday. Steep increases in U.S. wheat futures supported values, as did a lower Canadian dollar which lost more than a half cent. Average CWRS (13.5 per cent protein) wheat […] Read more

Barley, Crops, Markets, Spring Wheat, Weather

Feed weekly outlook: Heat reducing potential yields, raising prices

By GFM Network News July 16, 2021

MarketsFarm — The hot and dry summer that has enveloped all of Western Canada is already bringing down projected yields for feed grains, creating an inverse effect on prices. “We’re losing the crop here right now with the heat and lack of moisture across the Prairies and the northern Plains of the United States,” said […] Read more

The Italgrani USA durum mill at St. Louis, Missouri. (CNW Group/Richardson International)

Cereals, Crops

Richardson to buy major U.S. durum processor

Italgrani's milling, grain handling assets to go to Winnipeg firm

By Dave Bedard, GFM Network News July 9, 2021

Agrifood firm Richardson International is set to expand and further diversify its grain processing space with a deal for what’s billed as North America’s single largest durum flour and semolina miller. The Winnipeg company said Thursday it will buy 100 per cent of the shares in Italgrani USA Inc., whose assets include a mill, elevator […] Read more

U.S. livestock: Cattle futures hit new highs on resilient consumer demand

Corteva raises annual profit forecast after strong first-half performance

U.S. grains: Wheat hits 5-year low, corn at contract lows as supply pressure builds

GFM Network News