Wheat May Peak Near $11 In 2011 On Weather

U.S. wheat prices will rise above $8.50 a bushel this spring and may approach $11 if adverse weather damages the crop in the United States and other top growing nations, said an analyst who was the second closest in predicting prices in a Reuters poll last year. Worries about snug global supplies of milling wheat

Analysis: Wheat Class War To Erupt In 2011

The price of every class of wheat pushed strongly higher in 2010 as production problems beset nearly all the world’s major wheat growers to offer a uniformly supportive backdrop for the global wheat market. But with wheat prices now at multi-year highs around the world, end-users are starting to seek out substitutes for expensive feed


In Brief… – for Jan. 13, 2011

Dangerous beetle found in L.A.:U.S. customs officials last week said they had found a beetle considered one of the world’s most dangerous agricultural pests in a shipment of rice arriving at Los Angeles International Airport. Officials found an adult khapra beetle, eight larvae and a shed skin in a shipment of Indian rice from Saudi

Monsanto Sees Gains In Corn, Soy, Wheat Projects

Monsanto, the world’s largest seed company, said on Jan. 6 that a lineup of new biotech seed products has the company well positioned for future growth. St. Louis-based Monsanto said it has 19 projects advancing through its research and development pipeline, including nine added in the last two years. Notable advancements are being made in


Letters – for Jan. 6, 2011

Veterinarians under control Please allow me to correct several comments in the story “Three ranchers face court over TB testing,” page 14 of the Nov. 25 issue of theManitoba Co-operatorregarding bovine tuberculosis (TB) testing and court cases. I, and several other of the ever-increasing number of producers who have experienced health problems in their herds



Wheat, Oat, Soybean Acres Expected Higher In 2011

Soybeans, wheat and oats are the hot crops for 2011, say Manitoba seed growers. Barley, peas and sunflowers are not. “Soybeans were the darlings this year,” Oak Lake seed grower Eric McLean told fellow growers attending the Manitoba Seed Growers’ Association’s annual meeting here Dec. 8. “Peas unfortunately bore the brunt of the ugliness. There

Canola Chart Ends Year As A Hockey Stick

Canola contracts traded on the ICE Futures Canada platform are definitely much stronger exiting 2010 than they were going into the year. Anyone making a “Top 10” list of the reasons for that strength would likely cite the adverse weather conditions across the Canadian Prairies first and foremost, but strong demand, activity in outside markets


CWB Ups Wheat And Durum PROs

The Canadian Wheat Board expects to see higher prices for the wheat and durum marketed during the 2010-11 crop year, according to updated Pool Return Outlooks released Dec. 16. Malt barley price expectations were revised slightly lower from the previous month, while feed barley was left unchanged. PROs for wheat were increased by $3 to

Thunder Bay To See More Grain Exports

Thunder Bay, once the world’s largest grain port, hasn’t even been Canada’s top grain port for years. But there’s hope on the horizon. Populations are growing faster in Africa, the Middle East and Latin America than anywhere else, Rick Steinke, the Canadian Wheat Board’s (CWB) vice-president of logistics told the Fields on Wheels conference in