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Spring Wheat

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Crops, Markets, Reuters, Spring Wheat

Italian ministry tells firms to source durum from Canada

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Rome | Reuters — In the wake of Russia’s invasion of Ukraine, Italian firms can source durum wheat from Canada, the Italian industry ministry said in a statement following meetings on Wednesday with various firms and associations. The statement added that alternative suppliers for clay, iron and sunflower seeds had not yet been found. Ukraine […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Russia-Ukraine conflict fuels price rallies

U.S. wheat futures way up on week

By
MarketsFarm — Russia’s ongoing invasion of Ukraine has not only sparked a conflict between two of the world’s major wheat exporters, but also limit-up price rallies for wheat futures during the week ended Thursday. As sanctions grow against Russia, as well as uncertainty over access to Ukrainian ports on the Black Sea, fears of a […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Spring wheat bids higher, activity choppy

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MarketsFarm — Spring wheat bids across Western Canada moved higher during the week ended Thursday as gains in U.S. futures and a weaker tone in the Canadian dollar provided support. Russia’s invasion of Ukraine contributed to gains in wheat futures, but the volatile situation led to large price swings in the markets with values backing […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices steady, but changes coming

Feedlots moving to full corn rations

By
MarketsFarm — With feed barley and wheat supplies on the verge of running out, prices remain firm, according to Mike Fleischhauer of Eagle Commodities in Lethbridge. “They’re on the positive side of stationary,” he said, noting prices could soon change following the Russian invasion of Ukraine on Thursday. “With what’s going on with Ukraine and […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Red spring up, durum pulls back

U.S. wheat futures up on week

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MarketsFarm — Wheat prices on the Prairies during the week ended Thursday saw increases for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) and declines for durum (CWAD). The Russia-Ukraine border crisis spurred a good part of the increases in U.S. wheat markets. The ongoing threat of war could harm wheat production […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids rally on tightening supplies, drought

U.S. March wheat futures gain on week

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MarketsFarm — New supply data from both sides of the Canada/U.S. border, as well as ongoing drought in wheat growing regions, have supported western Canadian wheat bids for the week ended Thursday. The U.S. Department of Agriculture released its monthly supply/demand estimates on Wednesday and cut its projected global wheat supply estimate for the 2021-22 […] Read more
A supplied aerial photo of vehicles blocking through traffic on Feb. 1, 2022 at the Canada-U.S. border crossing between Coutts, Alta. and Sweet Grass, Montana. (Photo courtesy Alberta RCMP)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Alberta blockade affects feed grain deliveries

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MarketsFarm — A truck blockade at a Canada-U.S. border crossing at Coutts, Alta. has caused some headaches for grain buyers in southern parts of the province. Since Saturday, commercial trucks and other vehicles have blocked Highway 4, a 103-km stretch which runs from the border to Lethbridge, to protest COVID-19 health measures. On the U.S. […] Read more

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