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Prairie wheat bids climb with U.S. futures

Spring wheat bids in Western Canada climbed higher during the week ended April 25, as a rally in United States futures provided support. Chart-based speculative buying was behind much of the strength in the futures, as fund traders bought back some of their large net short position. Declining crop ratings for U.S. winter wheat, the





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China’s COFCO says it imported Canadian durum for first time

China's imports usually involve pasta or durum flour instead

Beijing | Reuters — Chinese state-run food group COFCO Group said it had imported Canadian durum wheat for the first time for processing into flour, a departure from China’s usual practice of importing finished durum flour or pasta. “This direct import of durum wheat has enriched the structure of China’s imported wheat varieties, facilitated the

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Prairie cash wheat: Bids mixed headed into long weekend

MarketsFarm — Despite projections that Canada will have a large wheat harvest this year, Western Canadian wheat bids were mixed for the week ended Thursday, largely due to a weakening Canadian dollar. Statistics Canada (StatCan) on Monday released its satellite imagery-based July principal field crop production estimates, which projected a total wheat harvest of 34.6


Tara Giles operates a combine as she harvests wheat on a 160-acre field located south of High River, Alberta, September 28, 2013.

Pasta makers fret over durum wheat shortfall

With Canadian durum production hit hard, manufacturers around the globe are seeing higher prices

Reuters – Italian pasta makers are fearful of a substantial supply squeeze in the coming months after this summer’s durum wheat price shock, as the market runs out of ways to offset a dire harvest in Canada. Extreme heat and drought this year in Western Canada, which usually accounts for about two-thirds of global durum

Euronext plans Jan. 3 launch for durum futures

Euronext will launch trading in its planned durum wheat futures on Jan. 3, the market operator said on its website. Euronext had previously targeted a launch in the fourth quarter of this year. The durum contract will begin a push by Euronext into cash-settled grain futures as a way to expand its commodity business currently



French cereal crop ratings fall sharply after dry, cold spell

The condition of French wheat and barley declined sharply in the week to April 26, data from farm office FranceAgriMer showed on Friday, suggesting a growing impact from dry, cold weather this month. Most crops nonetheless remained in good shape and above year-earlier levels, the data showed. A dry spring so far in much of