Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
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High Canadian dollar hurts wheat farmers
As wheat yields fluctuate across Southwestern Ontario, the one constant hurting farmers is the high Canadian dollar, a Ministry of Agriculture cereals specialist says.

"The increase in the dollar has dropped our prices extremely hard," Peter Johnson said.

Although wheat is trading on U.S. exchanges at near-record levels, the Canadian dollar's climb to just under 90 cents has reduced the amount farmers take home by about a third, Johnson said.

"So the prices, even though they're very good on Chicago (Board of Trade), they're very poor at the farm gate."

Soft red winter wheat -- which makes up about 75 per cent of Ontario's total wheat production -- is going for about $3.15 a bushel, he said.

That's below the $4 or higher break-even point most wheat farmers face, Johnson said.

Wheat yields have ranged from 55 to 130 bushels per acre on Southwestern Ontario farms this summer, he said.

"It's probably just spotty rains that creates a range like that," said Alan Kerkhof, a Wallaceburg-area farmer with 240 hectares of wheat fields.

Kerkhof, chairperson of the Ontario Wheat Producers' Marketing Board, expects the province's total wheat production this year to surpass last year's.

"Now we just need some warm, dry conditions (to) get through harvest," he said.

"There's definitely a good crop out there and it's good quality."

Steve Twynstra, who farms various cash and specialty crops near Ailsa Craig, said corn is "looking real good right now" and has above-average yield potential.

"We've got lots of heat, lots of moisture, so things are looking good," he said.

Corn, which is selling for about $2.52 a bushel, had "phenomenal growth" over the last week, climbing more than 45 centimetres in the favourable growing conditions, he said.

"You could almost hear the corn growing at night."
MGR Archive 20.7.2006
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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