(Lisa Guenther photo)

U.S. wheat futures hit new lows, more losses likely

CNS Canada –– All three U.S. wheat futures markets hit fresh contract lows on Tuesday — and further losses are likely, as most fundamental and technical factors remain bearish. “The trend certainly hasn’t been positive,” said market analyst Bryan Strommen of Progressive Ag in Fargo, N.D. He cited improving U.S. winter wheat conditions, favourable weather […] Read more

(Photo courtesy Canada Beef Inc.)

Colombia clears paper trail for more Canadian wheat

“Continuous engagement” has led to a lighter regulatory load on Canadian wheat bound for Colombia, already Canada’s seventh-biggest wheat export market. The Canadian Food Inspection Agency and trade group Cereals Canada on Tuesday announced Colombia has eased phytosanitary import rules for Canadian wheat, “effectively putting Canada on a level playing field with other exporting countries.” Colombia’s […] Read more