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Rice Market Skewed By Government Moves

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Unpredictable government intervention in the rice sector is adding to volatility in a thinly traded market and could lead to new price swings in what is a staple food in much of the world. Rice is a politically sensitive crop as a daily essential in much of Asia and Africa, and a price spike in
Cereals, News

In Briefs continued from page 2 – for Mar. 4, 2010

Honoured: The Manitoba Farm Writers and Broadcasters Association (MFWBA) selected Agriculture in the Classroom – Manitoba as the recipient of its first annual Agriculture Awareness Award Feb. 18. “Our goal with this award is to recognize the people in Manitoba who capture our imagination and interest, compelling us to learn more about agriculture’s role in
Cereals, Crops

Canada, World To Grow Less Wheat

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Canadian farmers will produce nine per cent less wheat this year as big global supplies and lower prices cause the world’s top exporter of spring wheat and durum to look to other crops, the Canadian Wheat Board said Feb. 22. Canada will reap a crop of 24 million tonnes of all wheat in 2010 compared
Cereals, Livestock

FAO Sees Less Wheat, More Coarse Grains

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World wheat output could fall by five per cent in 2010 after two bumper crop years, but coarse grain output may rise, the United Nations’ food agency said. Wheat-planted areas in the United States dropped to the lowest level in almost a century because of bad weather and falling prices, the UN Food and Agriculture
Cereals, Grain Markets, Oilseeds

Wheat Likely To See Some Strength Long Term

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For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oi l s e e d prices at ICE Futures Canada in Winnipeg closed the week ended Jan. 22 mixed, with canola higher and Western barley lower. Canola was supported by steady demand, as exports continue to
Cereals, Crops

Smaller World Wheat Crop In 2010

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World wheat production looks set to fall this year following a sharp drop in plantings in the United States but the crop should still be the third highest on record, the International Grains Council said Jan. 21. The London-based IGC, in a monthly report, forecast world wheat production in 2010 at 653 million tonnes, down
Cereals, Crops

CWB Sees Exports At 10-Year High

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“The recession doesn’t have a very big impact on the grain trade generally.” GORD FLATEN The Canadian Wheat Board expects to export more grain from the 2009-10 crop year than it has in 10 years, after record-warm September weather led to high crop quality and yields, the CWB said Jan. 6. The CWB raised its
Cereals, Crops, News

IGC Raises Wheat Crop Estimate, Lowers Maize

The International Grains Council raised its estimate for world wheat production in 2009-10 but forecast a drop in plantings for next year’s crop Nov. 26. The IGC, in a monthly report, put world wheat production at 668.3 million tonnes, up 1.5 million from its previous forecast although still below the prior season’s record 686.8 million.
Cereals, Crops, Grain Markets

Are Higher Wheat Prices Real?

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For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oi l s e e d prices at ICE Futures Canada in Winnipeg closed the week ended Nov. 27 fractionally higher. Gains in the U. S. markets, friendly technical signals and slower farmer selling gave some support
Cereals, Crops

Funds Eye Poor-Performer Wheat In Hunt For Laggards

“Our discretionary managers… are long wheat because in an absolute sense it’s been extremely beaten up.” – ALEX ALLEN, EDDINGTON CAPITAL MANAGEMENT Wheat has been the poor cousin of commodities this year, losing value as star performers such as copper, lead and sugar have flown, but the humble grain is now beginning to catch the

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