Prairie wheat bids continue descent

Prairie wheat bids continue descent

Cash wheat values follow U.S. wheat futures’ loss of altitude

Wheat bids in Western Canada continued to soften during the week ended Aug. 11, feeling the pull of downward action in U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by $14-$16 per tonne across the Prairie provinces, according to price quotes from a cross-section of delivery points



(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat, corn futures ease, soy firms

Chicago | Reuters — Chicago Board of Trade wheat futures sank to contract lows on Wednesday as ample global supplies provided overseas buyers with cheaper alternatives to U.S. offerings in export deals, traders said. Corn futures also were lower, pressured by the drop in wheat as well as good weather for crop development across the



Rain falls, but more needed; cereal harvesting, canola swathing begin

Manitoba Crop Report and Crop Weather report for August 14

Warm weather has advanced crops, and also caused some injury in canola. Rainfall occurred throughout the province, but more rainfall is needed in many areas. Harvest has begun in winter cereals, spring cereals, and field peas. Canola is starting to be swathed. Insect monitoring is on-going, but disease incidence remains low. Haying continues, but in



(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat falls; corn, soy firm

Chicago | Reuters — U.S. wheat futures fell on Friday, led lower by a sharp decline in MGEX spring wheat as investors liquidated bullish positions following the U.S. Department of Agriculture’s forecast for a bigger-than-expected crop in the northern Plains, traders said. The selloff pushed the benchmark Chicago Board of Trade soft red winter wheat


Hot weather advances crops, hurts some canola in process

Manitoba Crop Report and Crop Weather report for August 8

Moderate to hot weather from past weeks has advanced crops, but also caused some injury in canola. Rainfall occurred throughout the province, but in many areas more is still needed. Harvest has begun in winter cereals and field peas with good yields and quality reported. Insect monitoring is on-going in many crops, but disease incidence

KAP advisory council delegates debated nine resolutions July 13 in Brandon, including one that calls on KAP to investigate the consequences and possible penalties for American farmers who misrepresent grain they deliver to a Canadian elevator.

KAP wants U.S. farmers held accountable for misrepresented grain

Delegates want to know if the same penalties apply to U.S. farmers who break the rules

The Americans are pushing for their wheat to be graded the same as Canadian wheat when delivered to a Canadian elevator. That prompted a resolution to the Keystone Agricultural Producers (KAP) to investigate the consequences and possible penalties for American farmers who misrepresent grain they deliver to a Canadian elevator. “The reason we brought this