Winnipeg | CNS Canada — Following two years of varying qualities for Canadian durum, the world still wants higher-quality grain, according to Rhyl Doyle. “The world still wants (No. 1) CWAD and last year although the profile was mostly (No. 3) CWAD, they still wanted 1 CWAD. So there are a spectrum of markets for
High-quality durum still top of mind for buyers
CBOT weekly outlook: Soybeans excite ahead of holiday
CNS Canada — While corn futures sat quietly this week on the Chicago Board of Trade (CBOT), soybean futures were another story ahead of the U.S. Thanksgiving weekend. On Tuesday, “there was a lot of talk that Argentina was going to have some very good rains; the (soybean) market was understanding of that,” said Steve
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,
Grain marketing shifting to a digital focus
Winnipeg | CNS Canada – The future of grain marketing includes access to a larger market for producers online, according to Lyle Ehrmantraut. “You have to be able to see the deals to make the best decisions. So without all the deals in front of you in a centralized system I don’t know how it’s
Snow didn’t dampen cattle volumes
The fall cattle run is still in full swing to the delight of the sector
The first real snow of the season wasn’t enough to put a damper on the Manitoba cattle markets during the week ended November 10, with good volumes and solid prices reported across the province. “It’s certainly nice to have not only a stronger market, but a steady market,” said Allan Munroe, of the Killarney Auction
Trade talks a dicey situation, Coyne says
Winnipeg | CNS Canada — With Canada in the midst of negotiations for two different trade agreements, the North American Free Trade Agreement and Trans-Pacific Partnership, trade concerns are getting muddled, according to Andrew Coyne. “We need to be conscious of diversifying our trade interests beyond just North America. It would be extremely foolish that
Wheat bids rise across Western Canada
U.S. futures rose, pulling Canadian prices right along with them
Hard red spring wheat bids in Western Canada rose for the week ending Nov. 9, following increases in the United States markets. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices were up C$8 to C$9 per tonne across the Prairie provinces, according to price quotes from a
Larger elevators, smaller rail cars seen in grain’s future
Winnipeg | CNS Canada –– Heading into the future, elevators will be more efficient and trains will carry more grain, according to industry professionals at the Grain World conference in Winnipeg. “I think there’s a real shift happening from low efficiency to the higher-efficiency facilities,” Karl Gerrand, CEO of G3, said Wednesday during the What
Durum production seen vulnerable heading into 2018
Winnipeg | CNS Canada — Western Canada and the northern U.S. could be in trouble for next year’s durum crop if rain doesn’t come, while large global stockpiles could also keep commodity prices low, according to analysts here at the Grain World conference. “Will it rain in the durum areas of Canada and the United
Manitoba bean producers faring well following harvest
Weaker Canadian dollar is offsetting the effects of a weakening in the bean market
After a decent dry bean harvest in Manitoba the market is quieting down as the crop begins to ship to the American and Mexican markets. “We’ve had active movement here right at harvest time… during the next four weeks we’ll see it quiet down over the Christmas period,” said Grant Fehr, market segment manager for