Saudi Arabia To Import More Wheat

Saudi Arabia plans to import around two million tonnes of wheat in 2011 like last year and will boost imports to three million tonnes after 2016 as it ends local production, a source at the grains authority said Feb. 2. The top OPEC oil exporter has emerged as a major wheat buyer to feed its

Canada Offers Wheat, Japan Buys As Planned

Japan bought food wheat from Canada at a regular tender on Feb. 3 and a Canadian Wheat Board memo shows it managed to find scarce high-protein supplies despite a global shortage of top-quality wheat. The wheat board sold Japan’s Ministry of Agriculture 37,110 tonnes of top-grade spring wheat for shipping March 12 to April 11,


CWB Director Has His Facts Wrong

In the Jan. 6 issueManitoba Co-operator,Canadian Wheat Board-elected director Bill Woods takes aim at the railways for what he calls “slick accounting.” Unfortunately, Woods has his facts wrong, which makes his whole argument meaningless. The annual review of regulated rail rates and charges showed that the revenue of CN and CP came in under the

Fundamentals Still Lean Toward $700-Per-Tonne Canola

Nearby canola futures on the ICE Futures Canada trading platform experienced a minor setback during the week ended Jan. 28 while the more-deferred contracts continued to trek upward. Much of the price weakness in canola was reflective of profit-taking, especially as new highs were established. Declines in Chicago Board of Trade (CBOT) soybean and soyoil


Buckwheat Focus Of Health Benefits Study

Local research into buckwheat is looking at new product possibilities based on the potential health benefits from consuming stone-milled flour, sprouted grain and green leaves. The Manitoba Agri-Health Research Network (MAHRN), which began working with grower groups about 18 months ago to explore new ways to market crops in the province, is co-ordinating research efforts

Board Skips Tender Due To Low Protein

The Canadian Wheat Board didn’t fill a recent wheat tender from Japan because its wheat has a lower percentage of protein than Japan usually requires, a spokeswoman for the marketing agency said Jan. 27. But the wheat board remains confident of filling future tenders from Japan, its fourth-largest wheat export market, as talks with Japan’s


Organic Wheat Tough To Move, Says CWB Marketer

Canadian organic wheat farmers have effectively been shut out of the European market due to lower-priced competition from Kazakhstan. After the meteoric rise of organic wheat to $30 per bushel in the spring of 2008 that ended in the global economic recession that began later that fall, food manufacturers started looking elsewhere for raw materials.

Record Canola Plantings Predicted

Canola and all wheat will closely contest Canada’s spr ing acreage battle as farmers look to cash in on the highest prices in more than 2.5 years, Agriculture Canada’s first planting forecast of 2011 shows. Canola has consistently provided high returns to farmers, and Canada’s Agriculture Department sees them planting a record-large area after flooding


Free Trade Talks With Morocco Wins Praise From Ag Sector

Canadian farm groups and the Canadian Wheat Board were quick with praise last week for a federal initiative to launch free trade negotiations with Morocco, saying a deal is needed to keep Canadian durum and pulse exports competitive with shipments from the United States. The U.S. has had an FTA with the North African country

Drought Hits Wheat, Water Supply In China

Around 2.2 million people are facing a shortage of drinking water due to a severe drought in parts of central, southern and eastern China, with some cities starting to run low on supplies, state media said Jan. 17. Rainfall is down by between 20 and 90 per cent compared with the same period last year