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Prairie CWRS bids tick higher with U.S. futures

Cash CPSR values turned downward on the week, as did Kansas City wheat futures

Hard red spring wheat bids in Western Canada ticked higher during the week ended May 19, propped up by supportive action in U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by as much as $1 in the Prairie provinces, according to price quotes from a cross-section of […] Read more


Heap of soybeans, close up, full frame

U.S. soybean futures drag ICE canola contracts lower

Manitoba is furthest ahead in Prairie spring seeding

ICE Futures Canada canola contracts held rangebound for most of the week ended May 19, but trended lower overall as larger losses in the Chicago soy complex put some pressure on values. Crop reports put out by all three Prairie provinces during the week showed a mixed bag when it comes to seeding progress. Manitoba […] Read more



Western Canadian wheat bids trend lower

Cash wheat values on the Prairies followed U.S. futures downward

Hard red spring wheat bids in Western Canada were lower during the week ended May 12, weighed down by action in U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by $1.20 to as much as $3.50 in the Prairie provinces, according to price quotes from a cross-section […] Read more


Western wheat bids chop up and down

Average prices for CWRS wheat ran around $232 per tonne in western Manitoba

Hard red spring wheat bids in Western Canada saw volatile action during the week ended May 5, ultimately ending mixed in the face of competing influences. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by as much as $1.75 to up $2.25 per tonne across the Prairie provinces, according […] Read more



Bullish stocks data from StatsCan lifts canola

Concerns remain over canola still out on the fields

The ICE Futures Canada canola market’s dominant July contract finished roughly $5 higher during the week ended May 5, after fund buying and a bullish stocks report lifted values out of their doldrums. Statistics Canada pegged domestic canola supplies at 6.567 million tonnes as of March 31, below most analysts’ expectations. That amount is roughly […] Read more


wheat heads

Prairie wheat bids rise with action in U.S. futures

Kansas City July wheat climbed 20 U.S. cents from the previous week

Hard red spring wheat bids in Western Canada posted solid gains during the week ended April 28, taking strength from action in U.S. markets. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by $10 to $13 per tonne across the Prairie provinces, according to price quotes from a cross-section […] Read more



CWRS bids rise along with weaker Canadian dollar

Basis levels across Western Canada range from C$19 to C$39 below the futures

Hard red spring wheat bids in Western Canada moved higher during the week ended April 21, as sharp weakness in the Canadian dollar made up for the softer tone in the Minneapolis spring wheat futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by C$2 to C$4 per tonne […] Read more


StatsCan canola and soybean estimates surprise traders

Abundant U.S. and world supplies continue to depress the wheat market

ICE Futures Canada canola strengthened on the week, as wet weather in Western Canada continues to put last year’s harvest on hiatus. Fresh data from Statistics Canada painted a picture of this summer’s seeding, adding an element of spreading into the market. In the week ending Friday, April 21, canola gained more than C$20 per […] Read more



Prairie wheat bids rise, tracking U.S. futures

Cash durum and CPSR wheat prices in the West held steady on the week

Hard red spring wheat bids in Western Canada were slightly stronger during the week ended April 14 as advances in U.S. futures pointed the way higher. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were mostly higher, rising by $1 to as much as $9 per tonne across the Prairie provinces, […] Read more


Bags Of Money On A Farm Field

Fears of short supplies sustain canola values

Alberta managed to harvest some of last year’s crop

ICE Futures Canada canola contracts chopped around for much of the holiday-shortened week before fund positioning pushed the front-month contracts up $5 on April 13. The spike left the May contract perched at the technically important $500-per-tonne mark. One of the main factors underpinning the canola market continues to be the idea that stocks of […] Read more