Feed Grains: IGC raises world grain production estimate

By Commodity News Service Canada Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Thursday, October 29. –  CBOT corn futures were higher on Thursday, with the December contract up four cents, at US$3.8000 per bushel, as solid weekly export demand provided some support. –  The International Grains Council […] Read more

Canola testing chart support

CE Futures Canada canola contracts settled at their weakest levels in over a month on Oct. 29, and could be poised for further losses from a chart standpoint. The most active January contract settled at $471.20 per tonne on Oct. 29, which was below all of the major moving indicators and the weakest level for […] Read more


Keep your eyes on the dollar

Keep your eyes on the dollar

Prairie farmers should care about the current state of world currencies in the world market

The past two years have seen some major political and economic shifts around the world. The Russia/Ukraine standoff in the Crimean region resulted in economic embargoes and sanctions against Russia. This threw a major kink into trade in that region, causing serious economic hardships. It caused internal inflationary pressures to build, devaluing the Russian ruble […] Read more




Russian harvesting technology has advanced beyond that illustrated in this Soviet-era poster.

Black Sea in it for the long haul

The Former Soviet Union, once Canada's largest wheat customer, is now its largest competitor

Black Sea wheat exports are projected at an all-time high this year, and there is good reason to have confidence in this forecast. During the 2015/16 marketing year, the U.S. Department of Agriculture (USDA) estimates that the states of the former Soviet Union excluding Latvia, Lithuania, and Estonia (FSU-12) will export a record 45 million […] Read more



Flax prices pressured

Flax prices pressured

Seasonal harvest pressure has weighed on flaxseed bids in Western Canada over the past month or so, but the weaker Canadian dollar is providing some support. Current spot flaxseed bids are in the $11.00 to $11.50 per bushel area, with top-end prices having lost over a dollar over the past month, according to Prairie Ag […] Read more


A laker vessel sits docked at the grain terminal awaiting filling.

PHOTOS: Your wheat, loaded up and ready

Your local elevator is not the last stop on your grains' journey to end markets

These photos were taken by Dana Omland, grain merchandising manager for Ceres Global Ag Corp. Omland has been part of Ceres’ trading and risk management team since May 2015, when the company opened a grain merchandising office in Guelph, Ont. Omland took these photos in September. He said, “It really was a bit of history […] Read more

soy beans

Xtend soybeans nearing market release

Growers can order these now, and keep their discounts if Monsanto’s plans fall through

Monsanto’s Roundup Ready 2 Xtend Soybeans will be available to order in Canada this fall, though approval for the dicamba and glyphosate tolerance trait is still pending from the European Union and China. The product will be released in the United States and Canada only after full approval is achieved from key soybean importing nations. […] Read more