Insights and Stories on Cereals

Egypt expanding efforts to ease food subsidy costs

Jun. 25, 2014 at 5:22 am CDT

Cairo | Reuters — Egypt is expanding its use of modern technology to tackle decades-old problems of corruption and waste in its costly food subsidies system as the government pursues reforms to ease the strain on state finances. Supplies Minister Khaled Hanafi said some 25 million Egyptian families who already […]

Brazil to open added tariff-free import quota for wheat

Jun. 19, 2014 at 6:44 pm CDT

Cargill invests $100M to expand Russian wheat milling

Jun. 19, 2014 at 3:22 pm CDT

Prairie wheat bids drop about $10 with U.S. futures

Jun. 16, 2014 at 4:07 pm CDT

By Terryn Shiells

ICE durum trades for first time since February 2013

Jun. 11, 2014 at 5:34 pm CDT

By Terryn Shiells

ICE barley trades for first time in six months

Jun. 10, 2014 at 5:09 pm CDT

CNS Canada –– The long-dormant barley contracts on the ICE Futures Canada platform saw a glimmer of life on Tuesday as buyers and sellers met up to make some actual trades for the first time in six months. Five October 2014 barley contracts changed hands at $125 per tonne, with […]

By Phil Franz-Warkentin

Prairie wheat bids edge up with futures

Jun. 9, 2014 at 4:36 pm CDT

CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat edged higher during the week ended Monday, as U.S. futures saw a corrective bounce off nearby lows. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta […]

By Phil Franz-Warkentin

An end to the price panic

Jun. 6, 2014 at 11:20 am CDT

Six months ago, panic made many farmers jump and sell low-priced grain at historically wide basis levels First, let’s review what was happening six months ago. Cold snowy weather backlogged logistics, but problems started months before that, in late summer and early fall. World buyers were buying little grain from […]

By Brian Wittal

Chicago wheat futures drop to fill chart gap

Jun. 6, 2014 at 3:23 am CDT

CNS Canada — U.S. wheat futures posted some big gains over the past three months, but now find themselves right back where they started and could be due for more weakness as the futures have filled a gap on the charts. CBOT wheat futures gapped higher on March 3, as […]

By Phil Franz-Warkentin

Oat prices edging down, well off highs

Jun. 4, 2014 at 9:14 pm CDT

CNS Canada — Canadian oat prices have dropped slightly after a brief incline last week, as the market took same direction from U.S. futures. “It has something to do with the index fund roll, so that was weakening the spread,” said Ryan McKnight, a grain merchant at Linear Grain at […]

By Marney Blunt