Category: Marketing WSW

Wheat School: Not all bushels are the same

The bushel is a critical unit in grain farming. It’s used to describe volume in many contexts, including a crop’s yield per acre, the amount of grain that fits in a truck or bin, and as a fundamental piece of information in grain sales contracts. But not all bushels are the same. More specifically, a… Read more »

Wheat School: Late nitrogen pumps up protein and profits

Surging wheat markets mean there’s plenty of profit potential in high protein wheat, and Peter Johnson has some tips to help you cash in on those premiums. In this episode of RealAgriculture Wheat School, Johnson, our resident agronomist and shameless wheat promoter, shares protein management insights for growers in Western Canada and spring wheat growers… Read more »

Wheat School: The Fusarium Story of 2016

The rain that helped Western Canadian farmers grow big wheat yields in 2016 also created some quality problems that are complicating the marketing of the 31.7 million tonne crop. Almost half (48.6 percent) of the Canada Western Red Spring wheat samples received by the Canadian Grain Commission in its voluntary harvest sample program were downgraded… Read more »

Wheat School: Driving More Winter Wheat Acres in Western Canada

Winter wheat acres in Western Canada have fallen by half over the last five years. According to Statistics Canada, just over 1.3 million acres of winter wheat were seeded in the fall of 2011, while only 635 thousand acres were planted in the fall of 2015 (see the chart below). Canola harvest timing and weather conditions… Read more »

Wheat School: New Wheat Classes in Session as of August 1

Changes to wheat classes in Western Canada are just around the corner. Two classes will be created, while three others will be dropped, on August 1, 2016. Murdoch MacKay, commissioner with the Canadian Grain Commission, joins us for this episode of the Wheat School to discuss the changes and why they’re being made. As he… Read more »

Wheat School: While Global Wheat Supplies Are Huge, Canadian Stocks Are Getting Tight

Coming off record global production last year, world wheat supplies are massive. And yet, growing year-over-year ending stocks have not translated into a major decline in cash wheat bids for Canadian farmers. That’s mainly due to two related factors: the weak Canadian dollar and tightening Canadian supplies — a function of the weak dollar driving exports and farmers producing less… Read more »

Wheat School: Following What Happens in the Black Sea Region

With a growing share of global wheat trade, Russia, Ukraine and Kazakhstan — former Soviet Union countries — have become price setters in the world wheat market over the last few years. As Bill Tierney, chief economist with AgResource Company, points out in this Wheat School episode filmed at Cereals North America ’15, much of… Read more »

Wheat School: Insects You Don’t Want to Find in a Bin

Grain is in the absolute best condition it can be when it’s put into storage. Keeping it that way is critical for maintaining its value and marketability. Insect infestations aren’t as big a problem for farmers in Canada as in other (read: warmer) parts of the world, but they can still cause significant damage. Typically, 1 to… Read more »

Wheat School: Figuring Out the Market for Protein

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 »

Wheat School: Setting the Stage for Marketing the 2015 Wheat Crop

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 »

Wheat School: Updating N Recommendations for Higher Yielding Wheat

New wheat varieties being grown in parts of Western Canada have made it possible to produce yields that are off the charts, quite literally. Much of the research supporting nitrogen rate recommendations for wheat on the prairies has been based on a top-end yield target of 65 bushels per acre. “That was quite adequate when we were growing Barrie… Read more »

Wheat School: Why Create a New Milling Wheat Class?

Responding to demands from both the Canadian wheat industry and international customers, the Canadian Grain Commission has proposed creating a new class of milling wheat for Western Canada. As part of this Wheat School West episode, Daryl Beswitherick, program manager for quality assurance with the CGC, explains they believe the creation of a new milling class with lower… Read more »

Wheat School: 28 New Wheat Varieties Recommended for Registration With Customer Requirements Top of Mind

A wheat variety might produce huge yields or have stellar disease resistance, but if there’s no market for it, there’s probably no point in registering the variety for production in Canada. Instead, it might even have a negative impact, damaging Canada’s reputation for consistency and quality. As Lisa Nemeth of the Canadian International Grains Institute (Cigi)… Read more »

Wheat School: Are We Reaching a Tipping Point in the Wheat Market?

The wheat market is due for some additional volatility in the weeks leading up to seeding season in North America, says the general manager of FarmLink Marketing Solutions. Sharing the wheat market outlook at Grainworld ’15 in Winnipeg last week, Lawrence Yakielashek (formerly with Toepfer Canada) said he believes the bearish sentiment in the wheat… Read more »

Wheat School: Still Good For You — Research Counters Popular Claims About Wheat’s Nutritional Value

With the rise in gluten-free and low carb dieting, wheat has received a bad rap and developed a nutritional reputation that it doesn’t deserve, says a cereal research scientist with Agriculture and Agri-Food Canada. Based at the Richardson Centre for Functional Foods and Nutraceuticals in Winnipeg, Dr. Nancy Ames is concerned consumers are not realizing the… Read more »