What A System – for Aug. 12, 2010

It’s always fun watching the futures market when things are hot and the price is rising. Fun while it lasts, that is. That caution applies to the run-up in the wheat market for the last few weeks. These prices look wonderful, especially if you have wheat to sell. But as farmers well know, prices tend





Crop Report – for Aug. 12, 2010

SOUTHWEST REGION Rainfall amounts varied over the past week with no major accumulations. However, some heavy thunderstorms with hail were reported. Harvest of winter wheat and fall rye began this week with the winter wheat reporting average yields with quality varying because of fusarium. Fall rye yields are average with good quality. Preharvest of early-seeded



News From Eastern Europe Sparks Wheat-Buying Frenzy – for Aug. 12, 2010

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca. ICE Futures Canada canola futures continued to break into new bullish territory during the week ended Aug. 6, with the most actively traded November contract gaining $10 to close at a fresh contract high of $469 per tonne. Winnipeg canola

Wheat Markets Up 50 Per Cent – for Aug. 12, 2010

The hottest run-up in the wheat market since 2008 prompted the Canadian Wheat Board to issue a special market advisory last week to alert farmers to potential pricing opportunities. David Boyes, the board’s commodity risk manager, said two market fundamentals – severe drought in Russia and excessive moisture cutting production in Western Canada – were


What A System – for Aug. 12, 2010

It’s always fun watching the futures market when things are hot and the price is rising. Fun while it lasts, that is. That caution applies to the run-up in the wheat market for the last few weeks. These prices look wonderful, especially if you have wheat to sell. But as farmers well know, prices tend

Cwb Exports Up, Prices Down – for Aug. 5, 2010

The Canadian Wheat Board (CWB) and most farmers are hoping last year’s miraculous crop recovery happens again. “It is my hope for all farmers that somehow we have a repeat of last year’s harvest and in the end wind up with a much better result than we all expect,” CWB chair Allen Oberg told reporters