Prairie wheat bids continue downtrend

Prairie wheat bids continue downtrend

A rising loonie and falling U.S. wheat futures drag on cash wheat values

Hard red spring wheat bids in Western Canada during the week ended Aug. 18 moved lower for a fourth consecutive week as declines in U.S. futures and strength in the Canadian dollar weighed on prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by $1-$4 per tonne across the



(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn falls to 2017 lows on plentiful global stocks

Chicago | Reuters — U.S. corn futures sank to their lowest levels of the year on Wednesday on fund-driven technical selling and plentiful global grain supplies, analysts said. Chicago Board of Trade wheat futures rose on bargain-buying after front months fell to contract lows, while soybean futures firmed modestly. CBOT December corn settled down 4-1/4


(Jack Dykinga photo courtesy ARS/USDA)

Prairie wheat commissions to collaborate on research funding

The Prairie provinces’ three wheat commissions are set to take a team approach to research funding through a new not-for-profit body. The Alberta Wheat Commission, Sask Wheat and the Manitoba Wheat and Barley Growers Association on Tuesday announced the formation of the Canadian Wheat Research Coalition (CWRC) to “facilitate long-term investments aimed at improving profitability



Fair weather quickly advances crops, winter cereal harvest nearly complete

Manitoba Crop Report and Crop Weather report for August 21

Warm temperatures continue to advance crops quickly. Rain fell throughout the province, but most areas received limited amounts and more is still needed. Harvest of winter cereals and peas is nearing completion. Spring cereal harvest continues, and canola is starting to be harvested in the central region. Haying continues, but in dry areas there is

(Bob Nichols photo courtesy ARS/USDA)

U.S. grains: Corn drops to nearly one-year low

Chicago | Reuters — U.S. grain prices fell about one per cent on Monday, with benchmark Chicago Board of Trade December corn sinking to a nearly one-year low, on technical selling and easing concerns that dry weather would reduce harvests. Several CBOT wheat futures contracts dropped to lifetime lows, while soybeans notched small declines. Soyoil


(Cia.gov)

U.S. seeks WTO dispute panel on China’s grain import quotas

Geneva | Reuters — The United States has requested a World Trade Organization panel be set up to investigate Chinese tariff-rate quotas (TRQ) for agricultural products, the WTO said on Monday, setting up a showdown between the two largest economies. The row, which includes tariffs for wheat, rice, and corn, was initiated under the Obama