Short canola supplies force buyers to be creative

There has been little uptake in new milling wheat, durum and barley contracts, which puts their futures in doubt

Steady demand provided canola futures on the ICE Canada platform with plenty of support during the week ended Oct. 26. Much of the demand was associated with the emergence of fresh Chinese buying interest, with at least three cargoes of Canadian canola purchased by the country. There were hints that additional sales were made, but



Manitoba oat prices near historic highs

Cash bids for oats in Manitoba have soared to a level near historic highs, industry officials said. Some Manitoba oat farmers were receiving up to $4 per bushel as of Oct. 22, Warren Alexander, a commodity trader with Emerson Milling, in Emerson said. “This price level, historically, seems to be the high,” he said. “Prices

U.S. opposes strategic grain stocks

The United States does not support the idea of creating strategic grains stocks to tame volatile food prices, a U.S. representative told a ministerial meeting on the food market situation at the United Nations’ food agency Oct. 16. “The United States generally opposes the creation of regional or global food reserve systems to manage price






Higher U.S. wheat plantings likely — and needed

Production problems haven’t left markets short yet but that could change if Australian growers 
continue to suffer from a lack of rainfall, which would set the stage for a wheat rally

Reuters / Stubbornly high prices have served to keep U.S. wheat out of contention on the export market in recent months, but a broad jump in winter wheat acreage coupled with growing overseas demand could change that picture. It’s no surprise that farmers in top hard red wheat states such as Kansas are upping their