Insights and Stories on Winter Wheat

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

May. 13, 2014 at 6:52 pm CDT

Cairo | Reuters — Egypt, the world’s biggest wheat importer, will pay local wheat farmers 500 Egyptian pounds (US$70.87) per Egyptian ardeb, the equivalent of around 150 kg, according to a statement posted on the finance ministry’s official Facebook page. Last year the government raised the fixed price it pays […]

May. 13, 2014 at 4:57 pm CDT

CNS Canada — Winter wheat crops across Western Canada are generally in good shape, according to a CWB analyst, although the lateness of the spring thaw will also push back the harvest in many areas. “The winter wheat is in reasonably good shape,” said Bruce Burnett, a CWB weather and […]

By Phil Franz-Warkentin

May. 5, 2014 at 6:06 am CDT

CNS Canada –– All three U.S. futures markets climbed higher over the past week, rising to some of their best levels of the year. There is some more room to the upside, but further gains may be short-lived, according to an analyst. “Wheat is getting tired,” said Randy Martinson of […]

By Phil Franz-Warkentin

Apr. 15, 2014 at 5:23 pm CDT

CNS Canada — Most winter wheat crops seeded in Western Canada last fall seem to be in good condition so far this spring — but they’re not in the clear yet. “Not all of the winter wheat is out from the snow cover yet,” said Bruce Burnett, crop and weather […]

By Terryn Shiells