Insights and Stories on Wheat

Dec. 18, 2014 at 3:31 pm CST

Chicago | Reuters –– CME Group briefly halted electronic trading in U.S. wheat futures overnight on Thursday, after prices sank 1.6 per cent in one second as concerns about Russian export curbs roiled the market. The 10-second pause represented only the fourth time this year that the world’s largest futures […]

By Tom Polansek

Dec. 17, 2014 at 7:13 pm CST

CNS Canada — Recent milder weather seen in Western Canada was unfavourable for winter wheat crops and has left the crops more vulnerable to winterkill. “The major impact is that it melted some of the snow cover that the winter wheat had, and in a lot of cases now some […]

By Terryn Shiells

Dec. 15, 2014 at 7:51 pm CST

CNS Canada –– Average cash bids for Canada Western Red Spring (CWRS) wheat edged up by a dollar per tonne on average during the week ended Friday. In Manitoba, the average CWRS price rose to just under $234 per tonne, from $233 the previous week. Gains were similar across the […]

By Phil Franz-Warkentin

Dec. 9, 2014 at 11:50 am CST

Abu Dhabi/Cairo | Reuters — Egypt and two companies from its strong backer United Arab Emirates have embarked on an ambitious plan to grow wheat in the desert that could boost the Cairo government’s credibility if successful. Egypt, the world’s biggest wheat importer, has long aspired to become self-sufficient in […]

By Maggie Fick, maha-el-dahan

Dec. 8, 2014 at 8:15 pm CST

CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Friday, despite a firmer tone in U.S. futures as basis levels slipped slightly. In Manitoba, the average CWRS price declined to C$234 per tonne, from $236 the previous week. Average losses […]

By Phil Franz-Warkentin