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CWRS, CPSR wheat bids on the rise

Minneapolis, Kansas City and Chicago May wheat values climbed higher on the week

Wheat bids in Western Canada were strong for the week ended March 15, with gains observed across the board. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up $1 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). Average prices […] Read more


China one of several factors keeping canola bids in flux

Canola’s narrative today resembles that of U.S. soybeans

Being the world’s second-largest economy, there is no doubt China has a lot of economic clout. Every tidbit of news or rumour regarding China has been able to drive prices up or down within minutes — and this past week was no different. There are strong similarities between what has been happening with canola and […] Read more



CWRS wheat bids down, CPSR rises

Minneapolis, Kansas City and Chicago May wheat futures all tumbled on the week

Wheat bids in Western Canada were mixed for the week ended March 8, with losses in some classes and gains in others. While weakness in the Canadian dollar provided support, a drop in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $1-$3 per tonne, […] Read more


Rumours become reality as China curbs canola demand

Traders also have a wary eye on U.S. Midwest weather

Canola futures fell hard during the week ended March 8, hitting their lowest levels in more than two years as concerns over Chinese demand came to the forefront. Over the past few months, rumblings that Chinese demand was waning and Canadian exporters were facing extra hurdles moving canola to the country had been growing louder. […] Read more



Western Canadian wheat bids mixed on the week

Chicago and K.C. May wheat futures dropped significantly from the previous week

Wheat bids in Western Canada were mixed for the week ended March 1, as the Canadian dollar lost ground during the week and U.S. futures dropped. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $1 per tonne on the low side, but gained to $11 per tonne on […] Read more


Concerns over demand from China drag on canola values

U.S. traders remain cautious with no trade deal yet set

ICE Futures canola contracts crashed and burned during the week ended March 1, hitting fresh lows in the front months every day of the week. Concerns over Chinese demand coupled with bearish technical signals accounted for much of the selling pressure. While Canadian political attention was largely on other matters during the week, the simmering […] Read more



Western Canadian wheat bids slide downward

Minneapolis, Kansas City and Chicago May wheat futures were all down on the week

Wheat bids in Western Canada were down for the week ended Feb. 22, as the Canadian dollar gained ground during the week and U.S. futures dropped. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $2-$12, according to price quotes from a cross-section of delivery points compiled by PDQ […] Read more


ICE canola finds support at low end of long-term range

World wheat carry-out is expected down from 2017-18 size

ICE canola futures fell to fresh contract lows during the week ended Feb. 22, but did manage to find some support to the downside as values eventually consolidated near the bottom edge of their long-term trading range. The focus in the futures has shifted from the March contract to the May, with intermonth spreading a […] Read more



Ungainly supplies, lack of demand dragging on canola

Assorted drama in the U.S. added a cautious tone to trade

ICE Futures canola contracts trended lower in the front months during the week ended Feb. 15, moving below chart support in the process as a number of factors conspired to weigh on values. The nearby March contract fell below the psychological $480-per-tonne level on Feb. 14, setting the stage for a test of the nearby […] Read more


Wheat bids mixed in Western Canada

Minneapolis wheat and Chicago and K.C. wheat futures go separate ways, for now

Western Canadian wheat bids were mixed during the week ended Feb. 14, with a steady tone in Canada Western Red Spring (CWRS) bids and losses in Canada Prairie Spring Red (CPSR) as U.S. futures moved in opposite directions and the Canadian dollar weakened slightly. Average CWRS (13.5 per cent protein) wheat prices were steady to […] Read more