China has been a major customer for Canadian wheat so far this year.

Grain markets slowly eroding

Expert’s Radar: There’s little supporting most grain and oilseed futures at the moment

Prices may keep rising at the grocery store, but the general trend in all of the major grains and oilseeds continues to grind lower, with mid-January wheat bids hitting some of their weakest levels of the past few years. World supplies: Wheat is grown around the world, and supplies are more than sufficient to meet

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Prairie wheat weekly outlook: U.S. futures raise Western Canadian bids

Total wheat production expected to increase to 33.3 million tonnes; total wheat carryout to 4.2 million

The relatively low prices created some interest in the export market. The U.S. Department of Agriculture (USDA) reported net wheat export sales of 451,400 tonnes in its weekly report on Jan. 25, down 36 per cent from the previous week but up 45 per cent from the four-week average. Recent severe cold weather in the northwestern U.S. Plains may have also caused some crop damage.



Grain markets by the numbers

Grain markets by the numbers

USDA has released a lot of information that may move futures

The United States Department of Agriculture released a slew of data on Jan. 12 that could provide nearby direction for futures heading through the relatively quiet winter months. U.S. production The final production numbers for the 2023-24 U.S. growing season placed soybean yields at 50.6 bushels per acre and corn yields at 177.3 bu./ac. Both were well above trade





VIDEO: New fusarium forecasting tool on deck

VIDEO: New fusarium forecasting tool on deck

Fusarium Head Blight Risk Mapping Tool coming in spring 2024

Predicting where and when fusarium head blight develops can be a challenge, but a new online tool aims to make decision-making easier for cereal growers. Paul Bullock, senior scholar at the University of Manitoba, was at St. Jean Farm Days on Jan. 10 to give attendees a preview of what the new Fusarium Head Blight