GFM Network News

(Stephen Ausmus photo courtesy ARS/USDA)

Wheat trade hoping for big export year

CNS Canada –– Canadian wheat growers could find themselves popular with international buyers this winter, as world wheat stocks hit lows not seen for a decade. Marlene Boersch, managing partner at Mercantile Consulting Venture, said the present 26-day wheat supply available to world markets, once China’s stockpiles are removed from the equation, should boost prices […] Read more

Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)

Russian ag minister sees no need for wheat export duty, for now

Moscow | Reuters — Russia’s agriculture minister sees no reason for now to introduce an export duty on wheat and is not considering one, he was quoted as saying by RIA news agency on Tuesday. A meeting at the agriculture ministry on Friday fuelled speculation among traders that Russia could consider grain export curbs once […] Read more

Emerging winter wheat plants. (File photo by Laura Rance)

Manitoba winter wheat yields down

CNS Canada — As the winter wheat harvest finishes up in Manitoba, initial reports are that yields are lower than in years past. “It was a disadvantage with the winter and with the weather conditions this summer it’s been pretty dry… so between the two, it’s kind of reduced yields,” said Doug Martin, chairman of […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prairie grains chopping around

CNS Canada — Dry subsoil moisture conditions and a lack of snow cover in southern Alberta and Saskatchewan continue to create worries for many farmers. Conditions range from abnormally dry in many areas to full-on droughts around Regina and some areas south of Calgary, according to Agriculture and Agri-food Canada. Feed barley bids in the […] Read more

Photo: iStock

Wheat bids fall along with U.S. futures

Winnipeg | CNS Canada – Hard red spring wheat bids in Western Canada fell slightly for the week ending Nov. 17, following decreases in the United States markets. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices were down C$3 to C$5 per tonne across the Prairie provinces, […] Read more