Cereals & Production Tips

Crops, Markets, Spring Wheat, Winter Wheat

Western Canada’s cash wheat bids mixed

By GFM Network News August 23, 2019

MarketsFarm — Wheat bids in Western Canada were mixed for the week ended Thursday, with minute gains and larger losses in CWRS, CWAD and CPSR wheats in all locations. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up by 50 cents to down by $1 per tonne. The outlier was […] Read more

Barley south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Old-, new-crop barley prices converge

By GFM Network News August 22, 2019

MarketsFarm — Feed grains prices have been softening as old-crop and new-crop prices converge during harvest. Tracy Green, a grain broker with Market Master Ltd. in Edmonton, said Feedlot Alley is “well-covered” and waiting for harvest. However, buyers in central Alberta are seeing prices around $237 delivered for old-crop barley. For deliveries into Lethbridge for […] Read more

Canola, Crops, Markets, Spring Wheat

Canada boosts 2019-20 wheat production estimate

By GFM Network News August 21, 2019

MarketsFarm — Canadian wheat production in 2019-20 is forecast to come in at 500,000 tonnes above an earlier forecast, according to updated supply/demand tables released Wednesday from Agriculture and Agri-Food Canada. Wheat ending stocks were also raised in the report, while adjustments to the canola tables led a slight reduction to the still record-large carryout […] Read more

Crops, Markets, Oats

Oats market steady, watching harvest

By GFM Network News August 19, 2019

MarketsFarm — Western Canada’s oats market is stable at prices a bit better than a year ago, as harvest gets underway and participants wait to see how much will move off the combine to the market. Early yield reports range anywhere from 80 to 140 bushels per acre, said Tyler Palmer, grain buyer with Emerson […] Read more

Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)

Crops, Markets, Spring Wheat

USDA attache to Canada predicts larger wheat crop

By MarketsFarm Team, GFM Network News August 16, 2019

MarketsFarm — A new report from the Ottawa-based attache to the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) has raised its estimate of total wheat production in Canada for 2019. The report Thursday from attache Phil Hayes increases FAS’s estimate of wheat production in Canada for 2019 to 32.65 million tonnes, compared to last […] Read more

Crops, Markets, Spring Wheat

Cash wheat: Bids mixed, watching futures and currency

By GFM Network News August 16, 2019

MarketsFarm — Wheat bids in Western Canada were narrowly mixed during the week ended Thursday, with losses in U.S. futures countered by support from a softer Canadian dollar. The Canadian dollar was down by roughly a third of a cent relative to its U.S. counterpart, while the futures were all lower following bearish U.S. Department […] Read more

Crops, Weather, Winter Wheat

Winter wheat harvest varies by province

By GFM Network News August 15, 2019

MarketsFarm — Depending where a farmer is located, Canada’s winter wheat crop has varied this year. Ontario has long been the country’s powerhouse for winter wheat. Statistics Canada projected the province’s farmers to seed just over one million acres this year, nearly 75 per cent of Canada’s total winter wheat acres. However, Marty Vermey, senior […] Read more

(Gonzalo Calle Asprilla/iStock/Getty Images)

Crops, Markets, Reuters, Spring Wheat

U.S. CFTC says Kraft, Mondelez to pay $16M in wheat price manipulation case

By Reuters, GFM Network News August 15, 2019

Reuters — The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz and Mondelez International will have to pay US$16 million in penalty regarding a wheat manipulation case that dates back to 2015. Kraft Heinz, which was Kraft Foods until 2015, and snack food firm Mondelez bought $90 million of December 2011 wheat […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: No long-term shortage expected

By GFM Network News August 15, 2019

MarketsFarm — Waiting for the 2019 harvest to roll in is the only factor that could create a feed shortage, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “As far as things look today, I don’t see a reason to be concerned about a feed shortage. If anything we could have a feed […] Read more

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

Barley, Crops, Markets, Weather, Winter Wheat

Feed weekly outlook: Varying yields make for average crop

By GFM Network News August 9, 2019

MarketsFarm — Feed grain crop yields are expected to be about average across the Prairies as harvest has kicked off. “It appears we’ll have somewhat of an average crop, with a bunch of high-yield areas and a bunch of low yield areas averaged together,” said Jim Beusekom, president of Market Place Commodities in Lethbridge. New-crop […] Read more

Daily Network News

Canada blocks meats, dairy from Greece over foot-and-mouth disease

Federal forecasters to add AI to improve weather predictions: ECCC

El Niño risk building, U.S. forecaster says; ENSO-neutral expected to continue to June

Cereals