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Cereals

Cereals, Crops, News

Fund Launched To Invest In Australian Wheat Farms

Anew fund that plans to invest in western Australian wheat farms was launched Feb. 17, aiming to raise 65 million pounds (US$105 million) in total. JPT Capital cited a change in diets in southeast Asia towards more wheat-based food and the growing global population as contributing to a bullish outlook for wheat prices, providing a
Cereals, Livestock, Oilseeds

Grain Trade Veterans Flummoxed By Market Reaction

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It was supposed to have been a benign U.S. government report, a highly provisional glimpse at this year’s crops – something expert grain traders would take note of before going about their business. Instead, the U.S. Department of Agriculture’s first look at crop production in the United States this year released on Feb. 14 –
Cereals, Livestock

CWB Earned $5.2 Billion In 2009-10

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The Canadian Wheat Board (CWB) earned $5.2 billion in gross revenues in 2009-10 on the sale of 21 million tonnes of wheat, durum and barley, resulting in returns to western Canadian farmers of $4.6 billion. Farmer returns were down from the previous two crop years, according to the CWB’s annual report released Feb. 18, but
Cereals, Opinion

Letters – for Feb. 17, 2011

Wheat sold at a loss The 2009 crop took a year to get all the money from the Canadian Wheat Board. My cost to plant and harvest 160 acres was $25,897. When I got my last payment of $23,686 I lost $2,211 and did not charge for labour. I got $2.45 per bushel for No.
Cereals, Opinion

“Corn Pone” Opinions Don’t Serve Farmers

I would like to respond to John DePape’s ongoing criticism of the Canadian Wheat Board and DePape’s disparaging remarks about Travacon. Travacon has been called upon as an expert witness on several high-level rail hearings and it was Travacon’s analysis
Cereals, Opinion

Farmers Need Equal Treatment

Gerry Ritz doesn’t understand the wishes of western farmers who do not want to give up the Canadian Wheat Board in favour of the open-market system that the U.S. and Australia
Cereals, News

Voluntary CWB Proposed In Bill C-619

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Ontario MP Bruce Stanton has introduced a private members’ bill to end the Canadian Wheat Board’s singledesk marketing authority. Bill C-619 would give farmers the ability to “opt out” of having to market their wheat and barley destined for export or domestic human consumption through the CWB for at least two years at a time.
Cereals, Grain Markets, Oilseeds

Canola Futures Slip Despite Industry’s Efforts

Canola futures on the ICE Futures Canada trading platform experienced a setback during the week ended Feb. 11 as the taking of profits and overbought market conditions encouraged selling. The price setback seen in Chicago Board of Trade (CBOT) soybean and soyoil futures also sparked some of the downward price action seen in canola. Support
Cereals, Crops

Cover Crops Help Manage Moisture, Says Researcher

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New research shows cover crops can help mop up excess soil moisture, says Ranjan Sri Ranjan, an irrigation, drainage, and water management expert. The University of Manitoba professor wants to better understand the movements of water, both frozen and unfrozen, in the root zone. To do that, he used finger-sized probes to measure moisture and
Cereals, Crops

U.S. Producers Boost Major Crop Acreage

U.S. farmers will increase plantings of the eight major crops this year by four per cent as high commodity prices encourage growers to replenish low stockpiles, the government said Feb. 14. The U.S. Agriculture Department said farmers will sow 255.3 million acres this year, up 10.1 million acres from 2010, with all major crops seeing

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