Black Sea winter wheat prospects have improved after a shaky start, says an analyst.
Tag Archives Wheat
U.S. farmers to plant more corn, less soy
The USDA is forecasting 45.4 million acres of all wheat, down two percent from 2024 levels
The USDA is forecasting 45.4 million acres of all wheat, down two percent from 2024 levels
Are U.S. corn growers benefitting from Canada’s biofuel policies?
This may be an ideal time to increase domestic production of renewable diesel and biodiesel
Sixty per cent of ethanol in Canadian gas tanks comes from America
China significantly reduces its wheat purchases
Canada is expected to easily replace the lost sales because of problems with the crop in Russia, Europe and Australia
SASKATOON — China’s grain imports plunged in September. Wheat imports were down 57 per cent year on year, while corn purchases plunged 81 per cent. It is the second straight month of poor sales volumes for the world’s largest wheat and corn importer. The U.S. Department of Agriculture has penciled in 12 million tonnes of […] Read moreMan. crop almost harvested
Harvest operations across Manitoba are nearly complete, with only sunflowers and corn left to come off the fields, according to the latest provincial crop report for the week ended Oct. 22. The total harvest hit 95 per cent complete, with the majority of fall field work also finished. Of the major crops, an estimated one […] Read more
Wheat markets continue to ignore poor global outlook
Crops are in trouble around the world, including in the United States, Russia, Europe, Australia and Argentina
Wheat markets have sold off during the past two weeks, and one would think that crop prospects have dramatically improved since last month. Have the Southern Hemisphere harvest prospects dramatically improved? Maybe the 2025 winter wheat planting conditions in the Northern Hemisphere have turned around the situation at the last minute. Neither situation has occurred, […] Read more
Russian wheat exports to fall amid crop woes
Analysts forecast 80.1 million tonnes of production next year, down from the five-year average of 88.1 million tonnes
SASKATOON — Early indications are that Russia may harvest another disappointing wheat crop in 2025. SovEcon is forecasting 80.1 million tonnes of production, down from 81.5 million tonnes this year and the five-year average of 88.1 million tonnes. Related stories: Total wheat area is forecast to remain unchanged at about 70 million acres, with winter […] Read more
Market ignores Russian attacks on grain ships
Some think the market has been quiet due to large Aussie crop and infrequency of attacks; others say prices should rise
SASKATOON — Grain markets should be reinstating a Black Sea war risk premium, say analysts. “I’m very surprised that we haven’t started to push a bigger premium into the wheat market, especially soft wheats, because of what’s happening,” said MarketsFarm analyst Bruce Burnett. Related stories: Russia has been stepping up its attacks on Ukrainian grain […] Read more
Canola-wheat yield difference widens this year
Producers wonder if canola breeders need to focus more on finding a solution to heat stress and its impact on yields
WINNIPEG — The yield gap between spring wheat and canola is substantial this fall in western Manitoba. In some instances, the gap is 30 bushels per acre. The Manitoba Agriculture crop report for Oct. 2 says the average spring wheat yield in the northwest region of the province is 65 to 70 bu. per acre. […] Read more
Egyptian purchase helps wheat rally
Major deal partly explains futures price hike despite Ag Canada adding 2.8 million tonnes to the country's wheat supply
SASKATOON — Egypt has set the tone for the 2024-25 wheat market. The world’s largest importer has struck a deal to buy 3.12 million tonnes of Black Sea wheat from November to April, according to Reuters. Related stories: Egypt’s General Authority for Supply Commodities (GASC) will be importing 510,000 tonnes per month from the region […] Read more
