Spring Wheat , Latest & Featured

Prices to rise as yield prospects drop for durum

By Phil Franz-Warkentin June 12, 2015

CNS Canada — Mounting dryness concerns in some of the prime durum-growing regions of Western Canada have likely already cut into yield prospects, which should support prices going forward. Canadian farmers intended to plant 5.5 million acres of durum this year, well above the 4.75 million seeded the previous year and the largest crop since […] Read more

Crops, Markets, Reuters, Spring Wheat, Winter Wheat

Iraq recaptures some grain silos seized by Islamic State

By Jonathan Saul June 10, 2015

London | Reuters — Iraq has re-taken control of some grain silos previously seized by Islamic State, but most of the grain held cannot be used as militants aim to destroy sites when retreating, a senior grain official said Tuesday. Islamic State, the breakaway al Qaeda group, which declared an Islamic caliphate across parts of […] Read more

Crops, Markets, Spring Wheat

Nearby spring wheat charts looking bullish

By MarketsFarm Team June 10, 2015

CNS Canada — Nearby technical signals for MGEX spring wheat futures in Minneapolis have turned bullish, as prices rallied during the first part of June. However, the market remains rangebound from a longer-term perspective. The July wheat contact in Minneapolis has climbed by 50 cents per bushel since June 1, and settled Tuesday at US$5.8275. […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Wheat bids climb with U.S. futures

By Phil Franz-Warkentin June 8, 2015

CNS Canada –– Cash bids for Canadian wheat climbed sharply during the week ended Friday, as a rally in U.S. futures pulled bids up across the Prairies. Average Canada Western Red Spring (CWRS) wheat prices were C$12 to $19 per tonne higher, with bids ranging from about $218 per tonne in north-central Saskatchewan to as […] Read more

Crops, Markets, Oats, Reuters, Soybeans, Spring Wheat

CME bars grain traders for years over wash trades, spoofing

By Reuters June 5, 2015

Chicago | Reuters –– CME Group said Friday it barred a grain trader from its markets for three years for executing noncompetitive transactions and suspended another for two years for market manipulation. The traders, Aleksey Vsemirnov and Stephen Duggan, could not immediately be reached for comment. Vsemirnov executed numerous non-competitive transactions in wheat, oats, rice, […] Read more

Canola, Crops, Lentils, Markets, Reuters, Spring Wheat

Sources say BASF mulling potential bid for Syngenta

By Reuters June 3, 2015

Reuters — German chemicals group BASF is considering a potential offer for Syngenta, its Swiss rival which has received a C$56 billion takeover offer from Monsanto, people familiar with the matter said on Wednesday. BASF is speaking to investment bankers about the possibility of an offer for Syngenta, though it has made no decision and […] Read more

Cereals, Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids fall as U.S. futures drop sharply

By Terryn Shiells June 1, 2015

CNS Canada –– Cash bids for wheat on the Prairies were weaker during the week ended Friday, as a sharp drop in U.S. wheat futures weighed on prices. Average Canada Western Red Spring (CWRS) wheat prices were C$1 to $11 per tonne lower, with bids ranging from about $204 per tonne in north-central Saskatchewan to […] Read more

Crops, Markets, Reuters, Spring Wheat, Winter Wheat

New Russian wheat tax puts exporters, traders on edge

By Reuters May 29, 2015

Moscow | Reuters –– Russia approved the launch of a new wheat export tax from July 1, which traders say could threaten profits on advance contracts for the new crop if the rouble weakens in coming months. Russia’s government said Friday that the new tax was intended to stop exports surging if the rouble drops […] Read more

A new paper finds nutritional composition of modern wheat is similar to wheat grown in Canada 150 years ago. (Gloria Gingera/University of Saskatchewan photo courtesy CNW Group/Healthy Grains Institute)

Crops, Markets, Reuters, Spring Wheat

Study of CWRS wheats counters diet book’s claims

By Rod Nickel May 29, 2015

Winnipeg | Reuters — The amount of protein in Canadian wheat has fluctuated little in 141 years, according to the most extensive study of its kind, countering claims that radical changes in the grain are making people sick. Dieters have shunned wheat, the key ingredient in bread, cookies and noodles, since the 2011 bestseller Wheat […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids rise with improving basis

By Terryn Shiells May 25, 2015

CNS Canada –– Cash bids for Canadian wheat were stronger during the week ended Friday, as basis levels improved. A firmer tone in U.S. wheat futures was also supportive. Average Canada Western Red Spring (CWRS) wheat prices were C$6-$12 per tonne higher, with bids ranging from about $204 per tonne in north-central Saskatchewan to $223 […] Read more

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Spring Wheat

Prices to rise as yield prospects drop for durum

Iraq recaptures some grain silos seized by Islamic State

Nearby spring wheat charts looking bullish

Wheat bids climb with U.S. futures

CME bars grain traders for years over wash trades, spoofing

Sources say BASF mulling potential bid for Syngenta

Prairie wheat bids fall as U.S. futures drop sharply

New Russian wheat tax puts exporters, traders on edge

Study of CWRS wheats counters diet book’s claims

Prairie wheat bids rise with improving basis

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