(Country Guide file photo)

Prairie wheat bids follow U.S. futures lower

CNS Canada — Bids for Canada Western Red Spring (CWRS) at moved down at most locations across Western Canada during the week ended Friday, despite mounting weather-related concerns across the Prairies, as losses in U.S. futures weighed on prices. The highest CWRS prices were still available in Manitoba, but average bids in the province declined […] Read more




Canadian durum exports still the best, but more consistency needed

Canadian durum exports still the best, but more consistency needed

International durum buyers visiting the Canadian International Grains Institute (Cigi) recently said they are seeing less consistency in their purchases from Canada since the end of single-desk marketing. “Sometimes we see peaks in proteins or test weight,” said Italian broker Miria Filomena Balletta in an interview. “Not just in the same cargo, but in the […] Read more


GRAINS: Nearby soy rallies on low old-crop supply; MGEX wheat jumps

Reuters — Nearby U.S. soybean futures climbed to a one-week high on Friday as U.S. processors scrambled to find scarce old-crop supplies, with the start of the next harvest still at least a month away in the Midwest. MGEX spring wheat futures touched a two-week high amid concerns about excessive rains hurting crops in key […] Read more

European quality issues support Prairie durum bids

CNS Canada — Durum bids in Western Canada are showing strength relative to other wheat classes, with premiums for higher-quality supplies expected to remain in place or widen as the industry awaits Canada’s crop. Canada’s 2014-15 durum crop is estimated at 4.9 million tonnes by Statistics Canada, which compares with 6.5 million the previous year. […] Read more



USDA projects record U.S. corn, soybean production

Reuters — U.S. corn production will crack the 14-billion-bushel mark for the first time in 2014, the U.S. Department of Agriculture said on Tuesday, but the crop was slightly below trade expectations, potentially giving a bullish kick to the beaten-down corn futures market. At 14.03 billion bushels, the estimated crop fell short of trade estimates […] Read more



Durum prices, quality vary

CNS Canada — The Canadian durum crop is currently seeing a wide range in both crop quality and prices. “It looks like the prices are quite volatile,” said Jerry Klassen, manager of GAP SA Grains and Produits in Winnipeg. “They are quite variable between $7 per bushel to $8.50 per bushel.” This wide price range […] Read more