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Prairie cash wheat: External factors raise bids

U.S. wheat futures gain on the week

MarketsFarm — Despite the usual harvest pressures, western Canadian wheat bids jumped during the week ended Thursday, largely due to geopolitical and macroeconomic factors. The U.S. Federal Reserve on Wednesday again raised its key interest rate to combat rising inflation — this time a 75 basis point increase, to 3.25 per cent. The rate hike

A 20 million-tonne canola harvest is unlikely now, but a figure below 18 million tonnes is also unlikely.

Canola yields not great, but good improvement

Harvest progress last week was well behind the five-year pace

As farmers contend with less-than-ideal canola yields, the main thing to keep in mind is the 2022-23 harvest will still be vastly better than last year’s. On Sept. 14, Statistics Canada issued its latest production report, following up on its previous one released Aug. 29. That one was based on satellite imagery taken at the


Running equipment on the same tracks all the time is the essence of controlled traffic farming — and while the practice only has a few adherents in Alberta, they are passionate about its benefits.

Controlled traffic farming is proving its worth, say advocates

The system ‘shines’ during droughts and lets farmers seed and harvest sooner when it’s wet, they say

Controlled traffic farming has yet to catch on in a big way in Western Canada, but the extreme conditions over the past two years have shown its worth to two long-term practitioners on opposite ends of the Prairies. “I grew canola and barley last year and we had 28-bushel canola on four and a half

Rain stalls harvest progress, canola harvest struggles to accelerate

Rain stalls harvest progress, canola harvest struggles to accelerate

Manitoba Crop Report: Issue 20, September 20, 2022

Overview Harvest progress sits at 40 per cent completed across the province, approximately 3 weeks behind the 5-year average of 71 per cent complete by week 38. Steady rainfall across the province late last week stalled harvest progress. Farmers are anxiously awaiting drier weather to return to straight-cutting cereal and canola crops, and for breezy


MGEX December 2022 spring wheat (candlesticks) with K.C. December 2022 hard red wheat (yellow line) and CBOT December 2022 soft red wheat (orange line). (Barchart)

Prairie cash wheat: Bids move higher

U.S. wheat futures gain on week

MarketsFarm — Spring wheat bids in Western Canada strengthened during the week ended Thursday, as gains in U.S. futures and weakness in the Canadian dollar provided support. The advances came despite seasonal harvest pressure and an upward revision to Statistics Canada’s production estimate for the country’s spring wheat crop. Average Canada Western Red Spring (CWRS,

Past week sees rapid harvest progress

Past week sees rapid harvest progress

Manitoba Crop Report: Issue 19, September 13, 2022

Overview Harvest progress sits at 32 per cent completed across the province, with rapid progress over the past seven days. This puts harvest completion approximately 10 harvesting days behind the 5-year average of 65 per cent completed by this time.  Cereals Winter cereal grains  Fall rye harvest is complete. Reported yields were between 45 to


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Prairie cash wheat: Putin comments raise wheat bids

MarketsFarm — Comments from Russian President Vladimir Putin brought more uncertainty to Ukrainian wheat shipments, which in turn helped raise western Canadian wheat bids for the week ended Thursday. On Wednesday at an economic forum in the eastern Russian city of Vladivostok, Putin said the Ukrainians were “cheating,” adding that grain shipments from the country

Harvest progress behind five-year average, crop conditions good

Harvest progress behind five-year average, crop conditions good

Manitoba Crop Report: Issue 18, September 6, 2022

Overview Harvest progress sits at 15 per cent completed across the province, well behind the 5-year average of 51 per cent completed by this time. The effect of delayed seeding, high humidity and frequent rains have had an impact delaying harvest. Ideal harvesting conditions allowed for significant progress this past week. Crop condition looks good


Alex Griffiths from DUC provides on-farm winter wheat advice.

Winter wheat is for the birds — and farmers

After falling for years, winter wheat acres are on the rebound in Manitoba and a rebate program is helping

GROWTH After falling for years, winter wheat acres are on the rebound in Manitoba and a rebate program is helping

Seeded acres of winter wheat in Manitoba have increased for the second straight year, and that’s welcome news for Alex Griffiths, a crop specialist with Ducks Unlimited Canada. “It’s been kind of an interesting curve to follow,” Griffiths said. “We had peaks in 2008 and 2013, when there were about 600,000 acres planted in Manitoba.

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Prairie cash wheat: Bids mixed headed into long weekend

MarketsFarm — Despite projections that Canada will have a large wheat harvest this year, Western Canadian wheat bids were mixed for the week ended Thursday, largely due to a weakening Canadian dollar. Statistics Canada (StatCan) on Monday released its satellite imagery-based July principal field crop production estimates, which projected a total wheat harvest of 34.6