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Oilseeds see sharp gains despite bearish reports
Grain Markets, Markets, Oilseeds

Oilseeds see sharp gains despite bearish reports

Traders are already second-guessing StatsCan on acres

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ICE Futures Canada canola contracts climbed higher over the course of the week ended June 30, hitting their best levels in months, despite large North American oilseed acres confirmed by Statistics Canada and the U.S. Department of Agriculture. Record Canadian canola seedings and a six-million-acre increase in U.S. soybean area would typically be bearish for
(Canada Beef Inc. photo)
Cereals, Crops

Prairie wheat, barley commissions’ single checkoffs set

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The post-deregulation era of Prairie grain research and market development funding is cleared to begin, as the three Prairie provinces’ wheat and barley commissions have set new single checkoffs on Prairie wheat and barley, all starting Aug. 1. The Manitoba Wheat and Barley Growers Association (MWBGA) on Wednesday announced that when the Western Canadian Deduction
short soybeans - Allan Dawson
Crops, Local news

Alfalfa weevil still at high levels, root rot in soybeans reported

Manitoba Insect & Disease Update for June 28

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Alfalfa weevil continues to be reported at high levels in some alfalfa fields. Cereal leaf beetle and thrips are noticeable in some fields of small grain cereals, but at below economical levels. Initial tests of levels of parasitism of cereal leaf beetle larvae show quite high levels in the Central region, with samples from other regions soon to be tested. Thanks to
Prairie wheat bids rise amid concerns over U.S. wheat
Grain Markets, Markets

Prairie wheat bids rise amid concerns over U.S. wheat

Conditions in U.S. spring wheat areas raise questions over quality and yield

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Hard red spring wheat bids in Western Canada posted gains during the week ended June 23, as continued concerns about yields and quality in the U.S. spring wheat crop pushed the market higher. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up $6-$8 per tonne across the Prairie provinces, according
Early flowering is the best time to spray wheat with a fungicide to protect it from fusarium head blight but first assess how much risk of the crop being infected.
Cereals, Crops, Local news

Heads up on fusarium head blight

Early flowering is the time to apply a prophylactic fungicide on wheat but first assess the field’s disease risk

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It’s time to turn a weather eye on cereal crops for fusarium infections. Fusarium head blight damaged a lot of Manitoba spring wheat last year and farmers should be assessing this year’s risk from the fungal disease that can cut wheat quality and yield. Since wheat is most susceptible to fusarium infection at flowering, early
CWRS wheat bids rising with U.S. weather concerns
Grain Markets, Markets, Weather

CWRS wheat bids rising with U.S. weather concerns

A stronger loonie during the week accounted for a decline in basis levels

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Hard red spring wheat bids in Western Canada continued to rise with U.S. futures during the week ended June 16, as hot and dry conditions in the major wheat-growing regions of the Dakotas and Montana floated all boats. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by $7-$10 per
Prairie red spring wheat bids break out of doldrums
Grain Markets, Markets

Prairie red spring wheat bids break out of doldrums

MGEX and K.C. wheat futures were up on the week, supporting CWRS and CPSR wheats

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Hard red spring wheat bids in Western Canada finished mostly higher during the week ended June 2, taking strength from advances in the U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up $7-$10 in the Prairie provinces, according to price quotes from a cross-section of delivery points compiled
Canola under pressure as U.S. soybeans trend lower
Grain Markets, Markets

Canola under pressure as U.S. soybeans trend lower

Soy futures outweigh canola market fundamentals, for now

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ICE Futures Canada canola contracts fell hard over the course of the week ended June 2, as fund selling and losses in Chicago soybeans weighed on values. Speculators bailing out of long positions and putting on short positions in some cases were a feature of the activity during the week, with chart stops hit on
A farmer piles wheat up after a harvest in Shandong province in 2013.
Cereals, Opinion

China’s wheat hoard masks tightening in global market

Without China’s politically motivated stocks in the equation, supply would actually be tightening

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World wheat supply is expected to hit record levels in 2017-18 for the fourth year in a row, but remove China from the equation and next year’s global wheat carry-out would be the lowest in four years. The U.S. Department of Agriculture recently projected world wheat ending stocks would rise to 258.29 million tonnes in
Prairie wheat bids rise, shrug off bearish currency
Grain Markets, Markets

Prairie wheat bids rise, shrug off bearish currency

Cash durum prices were up $2-$6 on average, seeing bids around $259-$268

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Hard red spring wheat bids in Western Canada posted solid gains during the week ended May 26, as supportive action in U.S. futures offset the bearish influence of the Canadian currency. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up $4-$6 in the Prairie provinces, according to price quotes from

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