Grain prices at the Chicago Board of Trade were on the weaker side for the week ended July 16 due to last week's USDA report and ongoing trade tensions.
U.S. wheat futures rose more than one per cent on Wednesday as signs of a hardening conflict between Ukraine and Russia and worries about dryness in China appeared to spark a round of short-covering, analysts said.
Feed grain prices on the Canadian Prairies very likely will not change much in the coming weeks, stated Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.