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. […] Read more
Tag Archives wheat markets

Wheat futures climbing higher

Corn market remains bleak due to good U.S. growing conditions, despite lower stocks
Soybean prices continue to be hit by Chinese tariffs on American soybeans
The June 27 USDA report showed that U.S. farmers planted more corn, soybeans and spring wheat. The recent Statistics Canada planting survey showed that there was no change to Ontario […] Read more

U.S. crop planting on schedule, but corn carry-out could still be tight
China-U.S. trade threats are causing uncertainty in global grains and oilseed trade
Grain and oilseed markets continue to digest northern hemisphere weather and crop conditions. Australia remains dry as farmers begin winter grain sowing. Precipitation levels have improved in Argentina for winter […] Read more

COMMENTARY: Larger than expected U.S. stocks are negative for the Ontario corn basis
The USDA released its March 1 stocks report March 29 along with the seeding intentions survey. Stocks reports confirm the 2017 production and, in the case of corn and wheat, […] Read more

COMMENTARY: South American harvest moving corn and soybean markets
In the last commentary, we introduced a broad range of issues influencing the price structure of corn, soybeans and wheat. This week, we’ll follow up with recent developments and provide […] Read more

Wheat bids fall along with U.S. futures
Winnipeg | CNS Canada – Hard red spring wheat bids in Western Canada fell slightly for the week ending Nov. 17, following decreases in the United States markets. Depending on […] Read more

Canadian wheat bids decline with U.S. futures, but basis improves
CNS Canada – Hard red spring wheat bids in Western Canada moved lower during the week ended August 3, as declines in the US futures weighed on prices. However, weakness […] Read more

Egypt’s GASC cancels wheat tender as ergot policy bites
Cairo/Abu Dhabi | Reuters — Egypt’s ability to buy wheat from abroad while demanding zero ergot fungus in shipments was dealt a serious blow on Wednesday, with state grain buyer […] 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 […] Read more

Egypt prosecutor says some local wheat bought on paper only
Cairo | Reuters –– Egypt’s general prosecutor said on Thursday some local wheat was bought by the government in paper transactions only and not physically delivered, the first public statement […] Read more