Insights and Stories on Spring Wheat

Aug. 25, 2014 at 1:23 pm CDT

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 […]

By Meghan Mast

Aug. 22, 2014 at 4:21 pm CDT

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 […]

By Tom Polansek

Aug. 21, 2014 at 4:02 pm CDT

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 […]

By Phil Franz-Warkentin

Aug. 14, 2014 at 6:00 pm CDT

CNS Canada — Spring wheat futures at the Minneapolis Grain Exchange hit fresh contract lows over the past week, and are seen as likely to have more room to the downside as North America’s spring wheat harvest is just getting started. However, the Chicago and Kansas City winter wheat contracts […]

By Phil Franz-Warkentin

Aug. 12, 2014 at 11:42 am CDT

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 […]

By Ros Krasny