Canada’s canola industry reached a milestone in the fall of 2005. From 1990 until 2004, canola yields across the Prairies were stuck in a range of 23 to 27 bushels per acre. Some producers were recording yields much higher than 25 bu. per acre, but the average yield in Canada was stagnant. Finally, in 2005, […] Read more
Tag Archives Wheat
Russian wheat lowers prices
A major U.S. farm lender believes a wheat price spike is on the horizon. CoBank is alerting U.S. grain elevators storing large volumes of wheat that there is potential for a “sharp rally in wheat prices” in the year ahead. “The flood of cheap Russian wheat into the global market may have created a false […] Read more
High protein wheat to see strong demand
Price premiums for high-quality wheat are widening in the EU
North America’s spring wheat could be in high demand this year due to crop quality problems overseas. “There is going to be a good market for solid CWRS (Canadian Western red spring) 13, 14 and even 15 (percent protein),” said Neil Townsend, chief analyst with GrainFox. He has heard about serious quality problems in the […] Read more
Wheat tumbles despite tight stocks
Canada entered the 2023-24 crop year with the lowest combined wheat and durum stocks in history. Agriculture Canada estimates there were 3.24 million tonnes of both crops on hand as of Aug. 1, 2023. That would break the previous record low of 3.66 million tonnes set in 2021-22 following a severe drought. Analysts are also […] Read more
Prairie farmers score a win in grain commission tussle
Recent Canadian Grain Commission plans to align primary and export wheat test weights had unforeseen consequences. The controversy managed to bring the National Farmers Union and the Wheat Growers Association onto the same page — in this case, a joint news release — which astounded many observers of prairie agricultural politics. It also laid into […] Read more
Counting heads, narrower rows may help wheat yields
It takes a lot of math to grow a high-bushel wheat crop — number of heads, spikelets per head, grains per spikelet and more. However, Phil Needham said spending some time thinking about these and quantifying them can help growers get the best from their seeds. The U.K.-born, U.S.-based agronomist told the SaskWheat semi-annual meeting […] Read more
AIM: Significant yield drop expected
MarketsFarm has released its first yield estimates for Western Canada’s crops and the outlook is grim. Analyst Bruce Burnett just recently completed a crop tour covering most of Saskatchewan. “Unfortunately, I don’t have a lot of good news on the crop front,” he told growers attending the Ag in Motion show in Langham, Sask. “There […] Read more
Take a walk through wheat and barley variety history at #AIM23
Farmers are always focused on the future. What’s coming? What’s new? That’s THE biggest thing at Ag in Motion: what’s new and neat for farming and farmers? But farmers also have a reverence for the history of farming, of their farming, of the farming they and their families have seen. A small part of that […] Read more
Black Sea wheat estimates difficult to pin down
Black Sea wheat production forecasts are all over the map as analysts grapple with lingering uncertainty in that region. “There’s wildly varying estimates on production,” said MarketsFarm analyst Bruce Burnett. Global supply of wheat could swing by millions of tonnes depending on which forecast proves correct. “This is the largest wheat-exporting region in the world […] Read more
Viterra-Bunge deal not a surprise for industry watchers
Viterra and Bunge are merging operations in a deal where Viterra shareholders are receiving $6.2 billion worth of Bunge shares and $2 billion of cash.
