Ukraine's government said Wednesday it had not urged grain traders to limit wheat exports, denying local media reports it had done so, and it forecast that there would be no shortages of grain on the domestic market.
Weather maps remain dry for most of Western Canada and the lack of snow cover is leading to concerns that farmers could be facing drought conditions in the summer of 2012.
Western Canadian canola cash bids continue to move upward with record crushing, solid export demand and chart-based buying providing underlying support.
Agrifood firm Cargill's Winnipeg-based Canadian arm plans to permanently shut its "outdated" grain elevator and ag input facility on the city's east side by the end of this month.
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