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Cereals

New wheat, barley, oat varieties for 2021
Cereals, Crops, Features

New wheat, barley, oat varieties for 2021

Expect yield improvements and strong disease resistance packages

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Alliance Seed, Canterra Seeds, FP Genetics, Proven Seed, SeCan and SeedNet are rolling out new cereal varieties to western Canadian Prairie producers in 2021. Featuring yield improvements and strong disease resistance packages, some of these options may prove a good fit for your business needs. Please note, the following list includes only brand new variety […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Durum springs forward, red spring falls back

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MarketsFarm — Bids in Western Canada were weaker for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats for the week ended Thursday, while there were increases for Canada Western Amber Durum (CWAD). Double-digit losses in U.S. wheat markets weighed on values and a drop in the Canadian dollar provided support. Average […] Read more
(File photo)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices plateauing

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MarketsFarm — While prices for feed grains have risen over the last month along with several other commodities, they’ve now declined a little bit, according to Erin Harakal, senior trader with Agfinity in Stony Plain, Alta. “For short-term movement like November-December we’ve seen them come off the most compared to the late-January/early-March time frame,” she […] Read more
CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Soybeans, Winter Wheat

CBOT weekly outlook: After October rally, November ‘is for bears’

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MarketsFarm — Commodities on the Chicago Board of Trade (CBOT) have seen a counter-season rally, with a correction expected in the near future. “Markets are definitely overbought,” said Scott Capinegro of Barrington Commodity Brokers in Barrington, Ill. “It’s harvest and we’re still rallying.” World weather conditions are part of the driving force behind the rally, […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids mixed

Durum steady to lower

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MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Friday, with gains observed in Canada Western Red Spring (CWRS) wheat and losses in Canada Prairie Spring Red (CPSR). Canada Western Amber Durum (CWAD), meanwhile, was steady to lower. Average CWRS (13.5 per cent) wheat prices were up by $2-$7 per tonne, […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Feedlots booking for winter underpin bids

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MarketsFarm — Feed grain prices have been strong following Western Canada’s harvest, as feedlots ensure they’re covered heading into the winter. “Last week there was some buying in the deferred months, from January onward,” Allen Pirness of Market Place Commodities at Lacombe, Alta. said. Pirness said the strong prices were unexpected, noting that when prices […] Read more
MGEX December 2020 wheat (candlesticks) compared against CBOT December 2020 wheat (orange line). (Barchart)
Crops, Markets, Soybeans, Weather, Winter Wheat

CBOT weekly outlook: Export demand supports wheat, soy

Lower U.S. dollar also supportive

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MarketsFarm — Strong global demand, paired with concerns of dry growing conditions in key regions, has spurred U.S. wheat prices higher. “Some countries are getting nervous with the persistent dryness in several regions, which could reduce the supply of quality global wheat,” said Terry Reilly of Futures International in Chicago. Dry growing conditions in Ukraine, […] Read more

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