Cash prices for Canada Prairie Red Spring Wheat and Canadian Western Amber Durum were up for the week ended Sept. 12, while those for Canadian Western Red Spring Wheat were mostly higher.
Daily news
Prairie Wheat Weekly: Cash prices for spring wheat, durum mostly higher on the week
China’s carrot-and-stick tactics on EU nations start to pay off
China appears to allow no room for negotiations or concessions with Canada
Beijing, as a vote on EU duties on China-made electric vehicles looms, employed a carrot-and-stick approach to deal with the 27-strong bloc, but appears to have no concessions for Canadian canola.
EU allows member states to boost farmer payments after protests
European Union member states can increase the funds they pay to farmers, the European Commission said on Friday, after protests by farmers earlier in the year forced policymakers to scale back climate rules.
U.S. grains: Corn ends higher despite USDA raising US yield outlook
Chicago Board of Trade corn futures ended higher on Thursday, rebounding from a drop to near two-week lows after the U.S. Department of Agriculture (USDA) raised its estimate of the U.S. corn crop, traders said.
Canada Bread takes legal action against Maple Leaf in bread price fixing matter
Canada Bread Company has taken legal action against Maple Leaf Foods in a move it says will protect its financial and legal interests in relation to an ongoing alleged bread price fixing matter.
Saskatchewan crop report: Hot, dry conditions help harvest
Saskatchewan’s harvest was more than halfway finished at 61 per cent complete, although not as much as the 68 per cent complete from one year ago. The figure was higher than the 42 per cent reported last week, the five-year average of 50 per cent and the 10-year average of 46 per cent. The southwest region was the nearest to completion at 85 per cent while the northeast region’s harvest was only at 34 per cent.
Feed Grains Weekly: Prices moving higher, but maybe not much more says broker
With Alberta farmers presently reluctant to sell their barley and wheat for feed, cash prices have been on the upswing, according to Darcy Haley, vice-president Ag Value Brokers in Lethbridge.
U.S. human case of bird flu detected without known animal exposure
The Missouri Department of Health and Senior Services said on Friday that a person hospitalized with bird flu was the first human case detected in the United States without any known animal exposure.
USDA’s September numbers meet trade expectations
Coming within market expectations was essentially the central theme in the September supply and demand report (WASDE) from the United States Department of Agriculture released on Sept. 12.
Oats futures rise, cash bids steady
United States oats futures and Western Canadian cash bids for the cereal crop are seeing very different levels of activity in the first half of September.
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