Durum may be working its way toward being one of the higher returning crops for farmers this year. Prices are on the rise as supplies tighten and production woes continue in some areas of the west. Weather was one of the factors in play as key durum producing areas in the U.S. and the Canadian… Read More
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Bruce Burnett, CWB Gives His 2011 Wheat and Durum Outlook
Much of the attention is being paid to corn, soybean and lentil pricing this winter. The forgotten sister has been wheat. In many cases wheat is not as sexy or doesn’t get people as crazy with market anticipation. The fact is that wheat is still an incredibly important component of Western Canadian rotations. Not just… Read More
Global Wheat Outlook - Bruce Burnett, CWB
Across North America everyone is talking about the bullish tone of corn and soybeans. Is wheat going to be the weaker sister in 2011? How much higher will the wheat price have to go to buy some acres back from corn, soybeans, canola and lentils. Some farmers and analysts are even saying that the attention… Read More
RealAg Radio hosts Shaun Haney and Kelvin Heppner kick off this very big week with a special extended version of the day’s top news stories, because hey, there’s a lot happening. From the impact of a carbon tax on air travel, to wild weather and an even wilder harvest season, and on to the cattle… Read More
Protein premiums or discounts can be a major factor in marketing wheat. In some years there’s plenty of high protein wheat (as looks to be the case for 2015-16) and in other years millers are left scrounging for wheat with high enough protein. We asked earlier this week whether yield or protein is a higher priority… Read More
As harvest rolls on where weather allows, traders are getting a better handle on the yield and quality profile of this year’s wheat crop. In this Wheat School episode, Bruce Burnett, weather and crop analyst with CWB (soon to be G3 Canada) Market Research, walks us through the supply/demand fundamentals as the new crop hits… Read More
It’s crop tour season in most areas, and as part of this week’s update, Bruce Burnett of CWB joins Kelvin Heppner to recap his tour looking at crop conditions across the Canadian prairies. The ag ministers’ meeting in PEI, a new canola crush plant at Camrose and fusarium issues in wheat are also highlighted in the… Read More
Crop quality was the big question on the mind of the market for this first week of June, as the entire grains and oilseed complex moved higher. Despite seeing the largest one-day drop for the U.S. dollar earlier in the week since 2013 (it rebounded on Friday), weather issues were completely at the steering wheel… Read More
Approximately 25 percent of the 2015 crop on the Canadian prairies was in the ground at the start of this week (May 4th), according to the weather and crop specialist with CWB Market Research. Dry conditions in southern Alberta, southwestern Saskatchewan and south-central/southeastern Manitoba have allowed seeding operations to advance ahead of average, with “virtually all”… Read More
Soil moisture conditions across Western Canada are “in reasonably good shape” heading into the 2015 growing season, but there are areas where farmers who might not be accustomed to farming in dry conditions are preparing for a dry start to the year. As Bruce Burnett, weather and crops specialist with CWB, explains in the audio interview… Read More
While world grain supplies are growing rapidly after producing enormous global corn, soybean and wheat crops this year, Canada stands out with domestic stocks dropping after the bumper crop of 2013 to levels that are closer to average. “We’re seeing our stock levels forecast to drop now to fairly typical levels by the end of this crop year,”… Read More
While the majority of the Western Canadian crop is no longer vulnerable to frost, there are still areas where wheat and canola, as well as longer-season soybeans and corn, are not ready for the freezing temperatures that are expected over the next few nights. According to Bruce Burnett, weather and crop specialist with CWB, between five and 10 percent… Read More
What Should the CWB do with the Supply Glut of Durum in 2010
The durum market is very ugly for Western Canadian farmers heading into spring. There is an abundance of supply in storage and there is a threat of the supply getting larger this Canadian growing season if acres are not reduced or old crop doesn’t get marketed. Durum traditionally has been a crop that has paid… Read More
CropWeek 2010 - Is There Any Incentive To Plant Wheat?
It is no secret that durum prices are less than fantastic. Spring wheat is currently in somewhat of a better position but has its own issues on the supply side. Many farmers at CropWeek were really wondering how much durum they would plant this coming spring with the glut that is preventing any probability of… Read More
Is Wheat Over Valued?
As a farmer you have to deal with many variables that are out of your control. Harvest in North America is almost complete and now farmers are faced with dealing with the commodity markets. Most farmers are no doubt following the grain and oilseed markets on a daily basis but now it becomes more of… Read More