A wheat crop in standing water. (Colton Yoder photo courtesy ARS/USDA)

Wet wheat weather watched worldwide

CNS Canada — Generous rainfall has benefited but also boosted the risk of disease on wheat crops in much of Canada and the U.S., and has also cut into grain quality in parts of Europe. However, according to Drew Lerner of U.S. forecast agency World Weather Inc., conditions during the harvest season will be the […] Read more

Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)

Egypt appoints new top wheat buyer

Cairo | Reuters — Egypt appointed a new head on Sunday for its state wheat-importing body — one of the most influential positions in the global wheat market — as it remains mired in a dispute over the quality of grain it will buy. Minister of Supply Khaled Hanafi told Reuters Ahmed Youssef has been […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, corn fall sharply

Chicago | Reuters — U.S. wheat futures fell on Wednesday, extending their decline under pressure from the ongoing harvest of a bountiful crop in the Plains and the Midwest which threatens to add to a glut of supplies that is largely being shunned by overseas buyers. Corn futures also dropped, pressured by forecasts for rain […] Read more


The Nile River at Cairo. (CIA.gov)

Egypt’s parliament to look into wheat fraud allegations

Cairo | Reuters — Egypt’s parliament has set up a fact-finding commission that will look into allegations of corruption in local wheat procurement. Egypt, the world’s largest wheat importer, this month announced a government-led inspection of wheat silos after an unusually high procurement figure prompted allegations of possible fraud from top industry officials, traders and […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy, corn drop on Brexit fallout

Chicago | Reuters — U.S. corn and soybeans fell on Friday, caught up in a broad commodity sell-off as investors shed risky assets following Britain’s vote to leave the European Union. Wheat was mixed, with the front-month Chicago Board of Trade soft red winter wheat contract eking out a small gain on short-covering while deferred […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn weakens as weather improves

Chicago | Reuters — U.S. corn futures sank 1.4 per cent to a six-week low on Thursday, under pressure from improving weather forecasts across the U.S. Midwest as the crop nears key developmental phases, analysts said. The weather outlook also weighed on soybeans, which eased to a three-week low. Wheat also weakened, dragged down by […] Read more