Insights and Stories on Cereals

Jan. 20, 2014 at 3:52 pm CST

Western Canadian wheat cash bids and basis levels were holding steady along with the U.S. futures markets during the week ending Monday. Average spot bids for Canada Western Red Spring (CWRS) at 13.5 per cent protein across Manitoba, Saskatchewan and Alberta came in at around $160 per tonne ($4.36 per […]

By Terryn Shiells

Jan. 17, 2014 at 6:01 pm CST

General Mills still supports genetically modified (GM) technology, despite the food company’s move to market Cheerios as free of GM ingredients, a company representative told CropSphere delegates Tuesday in Saskatoon. “From General Mills’ perspective, we want to do what consumers are anticipating and wanting,” Steve Peterson responded when asked about […]

By Lisa Guenther

Jan. 16, 2014 at 9:59 pm CST

Commodity News Service Canada / Minneapolis, Kansas City and Chicago wheat futures all closed higher on Thursday, underpinned by ideas that the markets are oversold, industry watchers said. A smaller-than-expected U.S. winter wheat planted area was bullish, as was strong export demand for the U.S. product, brokers said. Reports that […]

Jan. 16, 2014 at 5:44 pm CST

Competition for Lethbridge’s marketplace is heating up, as feed wheat and barley are nearly priced identically, leading to further declines in both markets. “It seems like they are both trading in the mid-C$150 (per tonne) range,” said Allen Pirness, senior trader at MarketPlace Commodities in Lethbridge. According to the Alberta […]

By Brandon Logan