India’s rising wheat, pulse output likely to curb imports

MUMBAI, India (Reuters) — India’s production of wheat and pulses is expected to jump next year because a hike in the government’s assured purchase prices and ample rainfall have prompted farmers to plant more of the winter crops, industry officials said. Higher production will help the south Asian country reduce imports of pulses in the […] Read more

Statistics Canada sees surprisingly big canola, wheat harvests

WINNIPEG, Manitoba/OTTAWA, Dec 6 – Canadian farmers harvested larger crops than expected this autumn, reaping record-large canola output and surprisingly big wheat and durum crops, a Statistics Canada report showed on Wednesday. Dry weather in some areas in the summer and a late harvest in Western Canada made the size of crops in the world’s […] Read more

Surprise Indian duty on peas leaves Canada scrambling

WINNIPEG — The Canadian pea industry was shocked this morning to wake up to a notice from India declaring a 50 percent tax on pea imports to the country. “This sort of moves us beyond even where India has been before in pulse import duties.… More than a decade ago we were at 10 percent. […] Read more

India slaps duty on peas, wheat

India’s government has imposed a 50 percent duty on peas and a 20 percent duty on wheat. Pulse prices in India are suffering because of a bumper harvest of all crops in 2016-17 and a good summer crop in the current crop year. The country also still has substantial supplies of imported pulses. The Times […] Read more

North Dakota wheat yields better than expected

Growers and agronomists in North Dakota were wondering in early July if any spring wheat would be produced in the western half of the state. Parts of the region were in an extreme drought: as little to no rain had fallen since April. As well, blistering heat, in the range of 35 C, scorched the […] Read more

Asian millers caught out by rally in wheat prices

SINGAPORE (Reuters) — Some Asian flour millers have been caught out by last month’s nearly 30 percent rally in global wheat prices after earlier booking cargoes with prices due to be fixed at a later date, traders said. Benchmark Chicago Board of Trade wheat futures jumped 23 percent in June and high-protein spring wheat climbed […] Read more

Farmers overcharged nearly $100 million in CGC user fees

The Canadian Grain Commission has built up a surplus of nearly $100 million since 2013-14 through excess user fees collected from Canadian grain farmers. That surplus has prompted the Western Canadian Wheat Growers Association to call for surplus fees to be immediately returned to grain farmers. In a Jan. 3 news release, the association called […] Read more

Alberta commission proposes combined wheat levy

The Alberta Wheat Commission is proposing a 7.6 percent reduction in provincial wheat checkoffs effective next August. In its most recent newsletter to provincial wheat growers, the commission outlines a plan to combine two wheat checkoffs that currently exist in Alberta and establish one refundable wheat levy in its place. Alberta wheat growers currently pay […] Read more

Latin Americans ask for more Prairie Spring wheat supply

“Help us out with the CPSR. Don’t take it away from us.” That plea, uttered humorously by Colombian miller Carlos Alberto Patino at the end of an interview, sums up both a current market concern with important Latin American millers about a Canadian crop class and the interesting reality of a type of wheat that […] Read more

Short supply of milling wheat likely

The world is awash with wheat but not milling quality wheat, say analysts. The International Grains Council forecasts a record 743 million tonnes of production. Global stocks are expected to reach 229 million tonnes by the end of 2016-17, resulting in a bearish 31 percent stocks-to-use ratio, which would be the highest in 15 years. […] Read more