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Oats harvest starts

WINNIPEG, Manitoba — The first oats from the southern prairies are coming off OK. Weights are adequate to good — most is coming in between 240 and 260 grams per half liter (millers want a minimum of 240 grams) and yields are running between 100 and 130 bushels per acre. Quality seems fine.

Wheat issues lead grains

Wheat issues lead grains

Wheat started last week on the defense, but recovered to end the week with gains. When it was all said and done, wheat closed mixed. For the week ending Aug. 28, September Minneapolis lost 14.75 cents, September Chicago gained 4.5 cents and September Kansas City gained 1.5 cents.


USDA raises 2014 beef, pork retail prices on drought, disease

Retail prices for many U.S. meats, already at record highs, continue to increase on a combination of drought and disease, the U.S. Department of Agriculture said on Monday.

Spring crops harvest underway

WINNIPEG, Manitoba — Spring crops, specifically oats and barley, are starting to be taken off in southern areas. Quality and yields appear about normal. Oats have decent weights. Rain has been scarce since June and it’s been hot. A crop that looked to be above-average might now be about average.

Favorable weather pressures

Favorable weather pressures

Wheat traded back and forth last week. In the end, wheat ended mixed with hard wheat (Kansas City and Minneapolis) ending with strength, while the soft wheat (Chicago) slipped. For the week ending Aug. 21, September Minneapolis gained 3.75 cents, September Chicago dropped 5 cents and September Kansas City gained 2.25 cents.


USDA report pressures markets

USDA report pressures markets

Wheat struggled last week as traders positioned themselves ahead of the U.S. Department of Agriculture’s August crop production report. Improving fundamentals added pressure. For the week ending Aug. 14, September Minneapolis lost 13 cents, September Chicago dropped 12 cents and September Kansas City gave back 21 cents.


Pea harvest under way

Pea harvest is under way in the south, but not yet general. Few samples have made it to processors, but there doesn’t appear to be any reason to think quality will be an issue. Trade is just getting under way.

WASDE: Wheat, corn up

Projected U.S. wheat supplies for 2014 to '15 are up, with an increase in forecast hard red winter wheat production as well as smaller increases for soft red winter, hard red spring and durum.

Green peas hurting

WINNIPEG, Manitoba — The first field of green peas is reported to have been combined in southwest Saskatchewan, although the bulk of the harvest will not start until mid-August.

Strength on weather concerns

Strength on weather concerns

Wheat traded with good strength last week, ending with solid gains. For the week ending Aug. 8, September Minneapolis gained 18.5 cents, September Chicago was up 27.25 cents and September Kansas City gained 13.5 cents.


EU experts to debate Russia’s ban on European food on Aug. 14

Senior agricultural experts from all 28 European Union countries will hold an emergency meeting next Thursday to analyze the impact of a Russian ban on EU food imports, the European Commission said on Friday.

Russia says food bans to have no impact on grain exports

Moscow’s bans on various food imports from the U.S. and the European Union will have no impact on Russia’s grain exports, agriculture minister Nikolai Fyodorov said on Thursday.

FAO: World food prices hit six-month low in July

Global food prices hit a six-month low in July, led mainly by sharp declines in grains, oilseeds and dairy, which balanced out rising meat and firm sugar prices, the United Nations food agency said on Thursday.

Russia bans Western food imports in Ukraine sanctions retaliation

Moscow imposed a total ban on imports of many Western foods on Thursday in retaliation against sanctions over Ukraine, a stronger-than-expected measure that isolates Russian consumers from world trade to a degree unseen since Soviet days.

Average farm prices down from June

The July All Farm Products Index is 108 percent of its 2011 base, down 3.6 percent from the June index, but up 0.9 percent from the July 2013 index.

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