Russia Plans To Expand Wheat Exports

“We will be selling Russian wheat directly to flour mills in Asia and we are not going to go through third-party trading companies.” Russian wheat exports to Asia are likely to jump sixfold, to around three million tonnes by 2011, as the country mounts its first aggressive marketing campaign to sell grain in the region,

U. S. Grain Stockpiles Swell As Sales Slow

U. S. corn and wheat stockpiles will swell to their largest size in years as corn exports slow and Americans use less flour, the government said on March 10 in a report likely to influence planting this spring. Record crops, despite last year’s rain, flooding and snow, are still in the marketing stream. The supplies


Look South For World’s New Breadbasket

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca ICE Futures Canada canola contracts moved lower during the week ended March 5, with much of the weakness tied to the strength of the Canadian dollar. The currency rose by two cents relative to its U. S. counterpart during the

EU Approves GM Potato For Industrial Use

The European Union’s decision on Mar. 3 to approve commercial production of the potato Amflora containing genetically modified organisms (GMOs) developed by German group BASF will open the way for sowings of the potato this year, BASF said. “The way is now clear for commercial cultivation of Amflora this year,” said Peter Eckes, president of


CWB Returns $7.1 Billion To Farmers

“As we go forward we recognize it’s something we have to keep our eye on… to manage them (costs) to a reasonable… cost per tonne.” – BRITA CHELL Western Canadian grain farmers earned a near-record $7.1 billion from sales made through the Canadian Wheat Board (CWB) in the 2008-09 crop year that ended last July

Wheat Makes Some People Sick

Wheat is hailed as the main ingredient in the “staff of life,” but it makes about 14 per cent of North Americans sick, a recent industry meeting was told. That’s not the best news for Canadian farmers who grow more acres of wheat than any other crop, or North American flour millers who want people


Changes Proposed For Canada Western Red Winter Wheat Class

Proposed changes to wheat classifications would increase Canada’s ability to compete with American winter wheat in the international market, a discussion paper presented to the recent varietal registration meetings says. Four “generic” winter wheat varieties might be moved to the new general purpose class and a fifth be graded Canada Feed, according to a discussion

China Favours GMOs, But None Grown Yet

China will accelerate development of its own genetically modified (GMO) crops, seeking to secure food security and international competitiveness, an official from the country’s Ministry of Agriculture said. The official from the ministry’s biosafety administration office also denied recent media reports that China had already approved imported GMO grain seeds for widespread planting. His remarks


Here’s What’s In The Spring Wheat, Triticale Pipeline

CWRS WHEATS SUPPORTED FOR REGISTRATION BW410: AAFC STEPHEN FOX Agronomy: Yield within the range of the checks. Maturity, height, straw strength, test weight and kernel weight within the range of the checks. Disease rating: Resistant (R) to leaf rust, moderately resistant (MR) to stem rust, bunt and smut. Intermediate (I) resistance to fusarium head blight

Canola Trade Lacking Direction

Canola contracts on the ICE Futures Canada platform held within a rather tight range during the week ended Feb. 26, initially moving higher before eventually finishing the week with small losses in the nearby contracts – although the advances did hold up in the new-crop months. The canola trade could be best described as “range