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Durum wheat

(Todd Rosenberg photo via KraftFoodsGroup.com)
Crops, Markets, Reuters

Kraft Heinz cuts output at three plants, adds mac and cheese shifts

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Sao Paulo | Reuters — Kraft Heinz said Friday it has moved to significantly reduce production at three plants providing restaurant supplies amid the COVID-19 coronavirus outbreak, but its CEO noted the company has added shifts at others to meet demand for packaged foods such as macaroni and cheese. Speaking in a video presentation hosted […] Read more
(USDA.gov via Flickr)
Crops, Markets

U.S. projects wheat acres at record lows, increases for soy, corn

Grain stocks as of March 1 down on year

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MarketsFarm — As with last year, total wheat acres in the United States are projected to remain at all-time lows, according to the U.S. Department of Agriculture (USDA). The department issued its prospective plantings estimates Tuesday. MarketsFarm director of markets and weather Bruce Burnett called USDA’s wheat and soybean estimates positive, while he said its […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Rising loonie cuts into bids

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MarketsFarm — Hard red spring wheat bids in Western Canada lost ground during the week ended Thursday, as the bearish influence of a strengthening Canadian dollar more than offset supportive influence from gains in U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5.50-$10 per tonne, according to […] Read more
(Gelmold/iStock/Getty Images)
Crops, Markets, Spring Wheat, Winter Wheat

CBOT weekly outlook: Wheat futures underpinned for now

However, traders still watching headlines

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MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of my comments come with a […] Read more
Ardent Mills’ milling facility at Saskatoon. (ArdentMills.com)
Cereals, Crops, Markets, Reuters

North America’s millers, bakers scramble to satisfy bread binge

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Chicago/Winnipeg | Reuters — North American flour mills and bakeries are rushing to boost production as the spread of the COVID-19 coronavirus leads to consumer stockpiling of staples such as bread and pasta. The virus’ spread prompted orders to stay at home in some U.S. states, including New York, California and Illinois last week, following […] Read more
(Alkestida/iStock/Getty Images)
Cereals, Crops, Markets

Solid demand, logistics underpin durum bids

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MarketsFarm — Durum bids in Western Canada have found some support from solid demand and logistical issues elsewhere in the world. Anecdotal reports of pasta hoarding, due to COVID-19 coronavirus concerns, were also somewhat supportive. Cash durum bids in Saskatchewan are currently in the $7.50-$8 per bushel range, according to Prairie Ag Hotwire data. That […] Read more
The Canadian Grain Commission building on Main Street in Winnipeg. (File photo)
Crops

NFU sees red flags in CUSMA bill for grain growers

Bibeau urged to 'correct mistakes' in NAFTA 2.0-enabling legislation

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The National Farmers Union is warning of sweeping changes to Canadian grain regulation it sees tucked into federal legislation meant to put through the successor deal to NAFTA. Bill C-4, the implementing legislation for the Canada-U.S.-Mexico Agreement (CUSMA), passed second reading Feb. 6 and came back without amendment Feb. 27 from the Commons standing committee […] Read more

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