Spring Wheat & Production Tips

Feed weekly outlook: Prices slip slightly

By GFM Network News June 9, 2022

MarketsFarm — There has been scant movement in feed grain prices over the last week, according to Susanne Leclerc of Market Master Ltd. in Edmonton, who noted demand has backed off a little. Buyers have stepped away following rains throughout much of the province, including the drought-stricken south. In turn, she said, prices “softened slightly.” […] Read more

Canola, Crops, Markets, Spring Wheat

Canola exports slow to trickle

Wheat exports also well behind curve: CGC

By Phil Franz-Warkentin, GFM Network News June 4, 2022

MarketsFarm — Canadian canola exports have slowed to a trickle, as supplies dwindle with only two months left in the current marketing year. Only 900 tonnes of canola were exported out of the country during the week ended May 27, according to the latest data from the Canadian Grain Commission. That was down from the […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Rains forecast for southern Alberta

By GFM Network News June 3, 2022

MarketsFarm — The prospect of rain over drought-stricken southern Alberta, with Calgary and Lethbridge possibly seeing at least 30 millimetres from June 4 to 7, would seem to be a godsend for growers. However, recent history suggests the moisture may not matter in the long term, according to Mike Fleischhauer of Eagle Commodities Ltd. at […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Talk of Black Sea corridor weighs on week’s bids

By GFM Network News May 28, 2022

MarketsFarm — The prospect of Russia allowing food shipments to leave Ukraine — albeit with a few concessions — was the key factor in declining bids for western Canadian wheat during the week ended Thursday. Russian Deputy Foreign Minister Andrei Rudenko on Wednesday said his country is ready to provide a humanitarian corridor in the […] Read more

MGEX July 2022 spring wheat (candlesticks) with 20-day moving average (gray line), K.C. July 2022 hard red winter wheat (yellow line) and CBOT July 2022 wheat (orange line). (Barchart)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Wheat far more expensive

By GFM Network News May 19, 2022

MarketsFarm — The price for feed wheat is exorbitantly much higher than for barley or corn, according to Jim Beusekom of Market Place Commodities in Lethbridge. While price reports into that area’s feedlot alley put feed barley at $465 per tonne and corn at $480, wheat is about $600, he said. Feed wheat “is trending […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids climb higher

By Phil Franz-Warkentin, GFM Network News May 14, 2022

MarketsFarm — A rally in U.S. wheat futures together with a downturn in the Canadian dollar combined to take Prairie wheat bids sharply higher during the second week of May. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $40.80-$45 per tonne during the week ended May 12, according […] Read more

A washout on Manitoba PR 240, about 60 km north of the U.S. border, on May 2, 2022. (Manitoba Co-operator photo by Alexis Stockford)

Crops, Markets, Spring Wheat, Weather

CBOT weekly outlook: U.S. spring wheat seeding near standstill

By GFM Network News May 5, 2022

MarketsFarm — A succession of weather events has pretty much brought spring planting in North Dakota and Minnesota to a standstill, according to analyst Tom Lilja of Progressive Ag at Fargo, N.D. The weekly crop progress report from the U.S. Department of Agriculture (USDA) estimated nationwide planting of spring wheat at 19 per cent complete […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Weather, loonie raise wheat bids

By GFM Network News April 30, 2022

MarketsFarm — Adverse weather on both ends of the U.S. Plains as well as a weaker Canadian dollar were both supportive factors for western Canadian wheat bids for the week ended Thursday. For the second straight weekend, a Colorado low system hit the northern Plains as well as the eastern Prairie provinces on Sunday and […] Read more

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Seeding on time in southern Alberta

By GFM Network News April 29, 2022

MarketsFarm — As southern Alberta still reels from the effects of last summer’s drought, one trader expects spring seeding for feed grains to be on time. “I think it should be on schedule this year,” said Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta. Planting has already started in some places around […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Red spring falls back, durum rises

U.S. wheat futures down on week

By GFM Network News April 23, 2022

MarketsFarm — Wheat prices on the Prairies during the week ended Thursday incurred moderate losses in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) while durum (CWAD) pushed upward. Declines in the U.S. wheat complex led the way, with a higher Canadian dollar this week adding more pressure on Prairie wheat prices. […] Read more

Daily Network News

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Spring Wheat