(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prices steady ahead of seeding

MarketsFarm — Feed grain prices have firmed up ahead of seeding, and producers are quick to make room in feed bins ahead of seeding. “New-crop price is significantly lower than old-crop, so at some point they’re going to converge,” said Allen Pirness, senior trader with Market Place Commodities in Lethbridge. Statistics Canada’s crop intentions report,

Cheaper wheat export prices out of the Black Sea have been increasingly sidelining competitors.

Market bears continue to nibble on wheat as large crops loom

It’s going to take something significant to spark a meaningful price rally at this point

Wheat traders breathed a sigh of relief in early March as Chicago futures rose, possibly signalling that the market is at least temporarily satisfied with recent contract lows. Speculators have piled into the short side of the wheat market in recent weeks, likely limiting further price falls. But bigger global crops on tap for 2019


(File photo courtesy Canola Council of Canada)

Weekly canola exports pick up

Weekly Canadian canola exports hit their highest level in more than two months during the week ended Sunday, helping narrow the gap between this year’s export pace and the year-ago movement. Canola exports of 268,500 tonnes during week 26 of the crop year were roughly double the previous week’s total and the largest movement in

Wheat being loaded onto a cargo ship in Vancouver in 2011. (File photo: Reuters/Ben Nelms)

Canadian wheat exports keep strong pace

Canadian wheat exports during the 2018-19 crop year-to-date are running at a record pace, with exports as of Sunday roughly 1.4 million tonnes ahead of what was exported during the same time frame the previous crop year. Canada has exported 8.87 million tonnes of wheat as of Sunday, according to the latest Canadian Grain Commission

It's not an easy time for durum growers currently as durum prices are well below the cost of production.

Opinion: Farmers’ voices important on crop missions

The Canadian wheat new crop missions for 2018 are well underway. These are missions organized and co-ordinated through three organizations: Cereals Canada, Canadian International Grains Institute (Cigi) and the Canadian Grain Commission. They take place over six weeks in November and December and include missions to 17 of our top markets for wheat and durum.


(Stephen Ausmus photo courtesy ARS/USDA)

Wheat trade hoping for big export year

CNS Canada –– Canadian wheat growers could find themselves popular with international buyers this winter, as world wheat stocks hit lows not seen for a decade. Marlene Boersch, managing partner at Mercantile Consulting Venture, said the present 26-day wheat supply available to world markets, once China’s stockpiles are removed from the equation, should boost prices




Photo: Thinkstock

Wheat futures climbing higher

CNS Canada – North American wheat prices have rallied sharply over the past few weeks and could have more room to go, especially for higher quality and higher protein wheat. After trending lower for most of June and into early July, the Minneapolis December spring wheat contract settled at US$6.2275 per bushel on July 31,

Canada’s top 10 wheat customers between August and March accounted for 74 per cent of wheat exports.


Canadian wheat exports up so far this crop year

Cam Dahl of Cereals Canada credits quality and a weak Canadian dollar

Canada is exporting more wheat than traditional competitors the United States and Australia thanks to a low Canadian dollar and the quality of Canadian wheat, says Cereals Canada president Cam Dahl. “You’re seeing exports from the Black Sea explode through the roof,” Dahl said in an interview May 15. “You’re seeing exports from the U.S.