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Crops, Markets, Spring Wheat

Burnett on Markets: Home flour use soars during pandemic

That's led to increased demand for milling wheat -- at least temporarily

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It is hard to miss the lack of flour in the grocery aisles lately as consumers stock up on the “essentials.” A number of stores are just rolling out the pallets of flour into the store and they are picked clean by the end of the day. The increased domestic use of flour does not […] Read more
CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat retreats from two-month peak

Corn rallies to end firm

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Chicago | Reuters — U.S. wheat futures fell on Thursday, retreating from a two-month high set the previous session, as traders booked profits and awaited developments in the coronavirus crisis that had sparked the recent run-up in wheat markets. Soybean futures also declined but corn rallied late in the session to eke out a modest […] 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
Gordon Harrison. (Manitoba Co-operator file photo by Allan Dawson)
Cereals, Crops

Lots of flour to go around, millers’ association says

System is 'doing extremely well' and should have no problem keeping up with demand, CNMA's Gordon Harrison says

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The grain supply chain is working as it should during the COVID-19 pandemic, says the president of the Canadian National Millers Association. “From the milling industry vantage point, the movement of grain from farm to the producer to the elevator systems to mills is doing extremely well,” Gordon Harrison said Tuesday. “The grain supply chain […] 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
Ardent Mills’ baking mix plant at Burlington, between Toronto and Hamilton, is now part of Michigan-based baking ingredient firm Dawn Foods. (ArdentMills.com)
Cereals, Crops

Ardent Mills sells Ontario bakery ingredient plant

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Flour miller Ardent Mills plans to push off further from the sweet baking ingredient business, with a deal to sell its southern Ontario ingredient mix plant. Denver-based Ardent said Monday it closed a deal the previous Friday to sell its Burlington, Ont. plant to U.S. bakery ingredient processor Dawn Foods. The deal’s financial terms weren’t […] Read more
Grain Millers’ Saskatchewan milling plant at Yorkton. (GrainMillers.com)
Crops, Oats

Glyphosate raises milling questions

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There’s more to the controversy surrounding glyphosate than whether the herbicide is safe to use or not: one miller has said it found oats and other grains treated with pre-harvest glyphosate don’t mill as well as untreated grains. Since 2015, Grain Millers Inc. has had a glyphosate-free policy on oats, said Eric Deblieck, a crop […] Read more
(GeneralMills.com)
Crops, Dairy Cattle, Reuters, Spring Wheat

J.M. Smucker to sell U.S. baking brands

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Reuters — J.M. Smucker Co. said on Monday it would sell its U.S. baking business, which includes brands such as Pillsbury, Martha White and Hungry Jack, to private equity firm Brynwood Partners for US$375 million. The deal includes a manufacturing facility in Toledo, Ohio, but excludes the baking business in Canada, the company said. “The […] Read more
Namdaemun, the “Great Southern Gate” in the walls that once surrounded the city of Seoul. This photo was taken before a 2008 fire damaged the gate’s wooden structure, which was restored by May 2013. (CIA.gov)
Crops, Reuters, Spring Wheat

South Korea lifts suspension on Canadian wheat sales

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Seoul | Reuters — South Korea’s food ministry on Tuesday said it had lifted a temporary suspension on sales of Canadian wheat as it had not discovered any unapproved genetically modified strains during tests on imports. South Korea suspended sales of Canadian wheat last week after Canada announced the discovery in mid-2017 of an unapproved […] Read more

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