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Winter wheat

Watch global wheat flows
Grain Markets, Markets

Watch global wheat flows

Expert's Radar: The wheat market around the world is complex and intertwined

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Wheat is grown around the world, but different varieties are suited for different uses. The hard red spring wheat of Western Canada is prized by bread makers and the softer lower-protein wheats grown to the east are better suited to cakes and pastries. The global flow of wheat, or lack thereof, is always a key
CBOT March 2024 soft red winter wheat with 20-day moving average, MGEX March 2024 hard red spring wheat (yellow high/low/close) and K.C. March 2024 hard red winter wheat (orange H/L/C). (Barchart)
Crops, Markets

U.S. grains: Chicago wheat, corn rally as export sales top forecasts

Soybeans lower in narrow trading

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Chicago | Reuters — Chicago wheat and corn futures climbed more than one per cent on Thursday as traders covered more short positions following a slump to multi-year lows and as weekly export sales topped forecasts and included sizeable purchases by major importer China. Soybeans were lower in range-bound trading after the U.S. Department of
Canola market sees wide range of trade
Grain Markets, Markets

Canola market sees wide range of trade

The U.S. Thanksgiving break moved participants to the sidelines and lowered volume

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The ICE Futures canola market traded within a wide range during the week ended Nov 23. Price moves were exaggerated by thin volumes as the United States Thanksgiving holiday saw many participants move to the sidelines. The January canola contract briefly tested its 50-day moving average, settling above the key chart point for the first time in over two months.
Learning from the oldies
Grain Markets, Markets

Learning from the oldies

Expert's Radar: This classic rock song is also a handy reminder of the nature of markets

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“What goes up, must come down, spinning wheel gotta go round…” If you had to pay royalties on songs that get stuck in your head, I’d probably need to cut Blood, Sweat and Tears a hefty cheque by now. Following the commodity markets can often feel like riding the painted pony from their 1960s hit. Crude oil West
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Prices fall back, more so for CWRS, CPSR

MGEX, K.C. wheats down on week

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MarketsFarm — Wheat prices across the Prairies lost ground during the week ended Nov. 23, with Canada Western Red Spring and Canada Prairie Spring Red wheats incurring larger declines than those for durum. Minneapolis and Kansas City wheat futures pulled back during the week, but Chicago nudged up a little. Ongoing issues with lacklustre U.S.
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids ease off

U.S. wheat futures turn lower

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MarketsFarm — Bids for western Canadian wheat were down all around for the week ended Thursday, with Canada Prairie Spring Red (CPSR) wheat having the largest losses. U.S. wheat futures were lower as export sales continued to be weak. For the week of Nov. 3-9, 176,300 tonnes were sold for export, down 50 per cent
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids up in early November

U.S. wheat futures up on week

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MarketsFarm –– Spring wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up by $8.80-$10.10 per tonne across the Prairies, according to price quotes from a cross-section of delivery points compiled by PDQ
CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow high/low/close) and K.C. December 2023 hard red winter wheat (orange H/L/C). (Barchart)
Crops, Markets

U.S. grains: Wheat down on supply outlook boost

Soybeans hit two-month high before retreating; expected increase in U.S. yields weighs on corn

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Chicago | Reuters — U.S. wheat futures declined on Tuesday as the markets reacted to better-than-expected crop conditions, while soybean futures climbed to a two-month high on adverse weather conditions in Brazil before retreating. The U.S. Department of Agriculture (USDA) rated 50 per cent of the country’s winter wheat crop in good-to-excellent condition after trading
David Rourke takes field tour attendees through his on-farm trials in mid-2022.
News

Net-positive farm research taps into farmer knowledge

Faces of Ag: Farmer wants to hear from peers in his quest to make net-positive farming work

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Glacier FarmMedia – David Rourke, a 67-year-old grain farmer from Minto, Man., made it clear he’s not in competition with his mother, but he’s obviously cut from a similar cloth. After earning a master’s degree in education and then a master’s degree in nursing, Rourke’s mom went back to school in her 50s to pursue a doctorate in nursing. Rourke got

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