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Prairie wheat bids follow lead of most U.S. futures

Durum bids in northwestern Saskatchewan rose to line up with those in other regions

Wheat bids in Western Canada rose in price for the week ended Feb. 9, for the most part following the lead of the U.S. futures markets. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose in Western Canada by $7-$9, according to price quotes from a cross-section […] Read more


Canola rides out turbulence in world financial markets

A lower loonie lent support to Canadian canola demand

It was a turbulent week for world financial markets but canola shrugged off much of the volatility and held firm, thanks in large part to weakness in the Canadian dollar. In fact, the market even showed a bit of bullishness as the front-month March contract broke through the psychologically important $500-per-tonne mark during the week […] Read more



Wheat bids follow lead of U.S. futures

Kansas City March HRW wheat rose 20.25 U.S. cents per bushel on the week

Wheat bids in Western Canada followed the lead of U.S. futures markets for the week ended Feb. 2, with some dropping while others increased. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices in Western Canada fell $4-$7, according to price quotes from a cross-section of delivery points […] Read more


Canola trade shrugs off increase in total stocks

U.S. winter wheat conditions shook up wheat futures

ICE Futures Canada canola contracts kept within their well-established sideways trading range during the week ended Feb. 2, as the market remains stuck in its own version of the Groundhog Day movie. The nearby March contract has held within a $10 range ($490-$500 per tonne) for more than a month now, looking for a reason […] Read more



Wheat bids mixed across the Prairies

March wheat futures at U.S. exchanges saw increases in value over the week

Wheat bids in Western Canada were mixed across the board for the week ended Jan. 26. Some saw increases, others decreases, and some were unchanged from the previous week. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada, with some falling $1 and […] Read more


Bearish factors outweigh bullish news in canola

Reduced promotional funding may weigh on canola in future

Canola contracts on the ICE Futures Canada platform held within a rather narrow range during the week ended Jan. 26, lacking any real clear direction as conflicting outside forces kept the oilseed trading sideways. On the supportive side, weather worries in Argentina and the resulting gains in Chicago soybeans provided some underlying support. Solid end-user […] Read more



Prairie wheat bids mixed along with U.S. futures

Minneapolis March spring wheat futures declined 4.25 U.S. cents on the week

Wheat bids in Western Canada were mixed for the week ended Jan. 19, following the lead of U.S. markets where wheat futures fell in Minneapolis and rose in Kansas and Chicago. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some falling […] Read more


Bearish factors outweigh bullish news in canola

Reduced promotional funding may weigh on canola in future

Canola futures hit some of their lowest and highest levels of the past month during the week ended Jan. 19, with the end result being a continuation of a rather choppy and sideways pattern. Canola finished the week on a high note, but there’s more bearish news than bullish in the background for now. Large […] Read more



Prairie wheat bids drop with U.S. futures

USDA’s outlook for record-low winter wheat acres was still above expectations

Hard red spring wheat bids in Western Canada moved lower during the week ended Jan. 12, as the futures in the U.S. fell sharply on Friday in response to bearish acreage data from the U.S. Department of Agriculture. While USDA pegged winter wheat seedings in the country at their lowest level in more than 100 […] Read more


Surprises from USDA put turbulence in canola market

NAFTA anxiety puts pressure on the Canadian dollar

The ICE Futures Canada canola complex saw some volatile activity during the week ended Jan. 12, as fluctuations in the Canadian currency and a surprising U.S. Department of Agriculture report created choppy waters for the futures. USDA released its monthly supply-and-demand report on Jan. 12, lowering its estimate for soybean yields in the U.S. to […] Read more