Canadian wheat exports during the 2018-19 crop year-to-date are running at a record pace, with exports as of Sunday roughly 1.4 million tonnes ahead of what was exported during the same time frame the previous crop year. Canada has exported 8.87 million tonnes of wheat as of Sunday, according to the latest Canadian Grain Commission […] Read more
Tag Archives wheat exports — page 2
Canadian wheat exports keep strong pace
Wheat trade hoping for big export year
CNS Canada –– Canadian wheat growers could find themselves popular with international buyers this winter, as world wheat stocks hit lows not seen for a decade. Marlene Boersch, managing partner at Mercantile Consulting Venture, said the present 26-day wheat supply available to world markets, once China’s stockpiles are removed from the equation, should boost prices […] Read more
Drought slashes EU wheat, export surplus to be cut
Hamburg | Reuters – Drought and a heatwave that scorched fields in northern Europe may cut the European Union’s wheat export surplus and the bloc will need to consume more of its own grains, experts said on Friday. French analysts Strategie Grains forecast a 10 percent smaller EU soft wheat harvest this year, with northern […] Read more
Saudi Arabian agency stops buying Canadian wheat, barley
Hamburg | Reuters – Saudi Arabia’s main state wheat buying agency has told grains exporters it will no longer buy Canadian wheat and barley in its international tenders, European traders said on Tuesday, as a diplomatic dispute between the two countries escalates. Traders said they had received an official notice from the Saudi Grains Organization […] Read more
Wheat futures climbing higher
CNS Canada – North American wheat prices have rallied sharply over the past few weeks and could have more room to go, especially for higher quality and higher protein wheat. After trending lower for most of June and into early July, the Minneapolis December spring wheat contract settled at US$6.2275 per bushel on July 31, […] Read more
Canola exports slow down in latest weekly report
CNS Canada — Weekly Canadian canola exports were down during the week ended Sunday, hitting their lowest level since September 2017, according to the latest Canadian Grain Commission data. Canada exported only 129,000 tonnes of canola during the latest reporting period, which compares with the previous five-week average of 194,800 tonnes. Total canola exports during […] Read more
Russia to boost grain transport subsidies in 2018
Moscow | Reuters — Russia will spend two billion roubles (C$43 million) in grain transportation subsidies to help to speed exports in 2018, the deputy agriculture minister said on Thursday. Already among the world’s largest wheat exporters, Russia is trying to step up a gear after this year’s record crop, which is keeping its grain […] Read more
Wheat, durum exports running behind average
CNS Canada — Canadian wheat and durum exports are running well behind the year-ago pace, despite the country’s larger production. Canadian wheat exports during the crop-year-to-date of 6.56 million tonnes compare with 8.12 million at the same point a year ago and the five-year average for week 25 of the crop year of 7.28 million, […] Read more
Iran now self-sufficient in wheat, president says
New York | Reuters — Iran has become self-sufficient in wheat and aims to export wheat in the coming months, Iranian President Hassan Rouhani said on Thursday. “We had a good year that led Iran to stop importing wheat. We are planning to export wheat in the coming months,” Rouhani told a news conference on […] Read more
Russia muscling into rivals’ wheat markets
Moscow | Reuters — Russia is muscling in on the markets of its European and North American competitors as it overtakes the European Union to become the world’s biggest wheat exporter for the first time. Russia is expecting a record crop in the 2016-17 marketing season, which began on July 1, while EU harvests are […] Read more
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