Latest articles


one dollar banknote among wheat grains

Wide range of variations seen in Prairie cash wheat prices

MGEX, CBOT and K.C. July wheat futures were all up significantly on the week

Wheat bids in Western Canada were across the board for the week ended May 17. There were losses in Canada Western Red Spring (CWRS) wheat, while Canada Prairie Spring Red (CPSR) prices were mixed and durum (CWAD) prices were largely steady. Firmness in the Canadian dollar and gains in U.S. futures also pushed and pulled […] Read more


Pressures on soybean market put crunch on canola values

China trade troubles outweigh concerns about late planting

ICE Futures canola contracts moved higher for most of the week ended May 17 before running into resistance, as the Canadian oilseed reacted to activity in the Chicago soybean complex. The July contract has improved by roughly $20 per tonne off of its early-May lows over the past two weeks, and saw additional strength when […] Read more



CWRS bids hold steady on Prairies, other classes drop

MGEX July wheat was up on the week while CBOT and K.C. July wheat slipped

Canada Western Red Spring (CWRS) wheat bids held relatively steady during the week ended May 10, as the Minneapolis futures managed to edge higher on the week despite losses in the Chicago and Kansas City winter wheat markets. Average CWRS (13.5 per cent protein) wheat prices were held within $1 per tonne of unchanged at […] Read more




CPSR and CWRS wheat bids show strength

MGEX July spring wheat rose slightly on the week, while CBOT and K.C. July wheat slipped

Western Canadian wheat bids were mostly up during the week ended May 3, with steady gains observed across the Prairies. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were steady to up as much as $2 in most locations. However, losses of $1-$2 were reported in southwestern Saskatchewan and in Alberta’s Peace […] Read more


Bearish fundamentals drive canola to new contract lows

Presidential tweets piled more pressure on soybean values

Canola contracts on the ICE Futures platform hit fresh contract lows every day during the week ended May 3, with little supportive news to slow the drop. The most active July contract lost $14 per tonne over the course of the week, to settle at $432.60 per tonne on May 6. New-crop November lost a […] Read more



CPSR wheat bids up, CWRS down on the week

MGEX, K.C. and CBOT May wheat futures all declined from the previous week

Western Canadian wheat bids were mainly steady during the week ended April 26, with minor losses observed across the Prairies for Canada Western Red Spring (CWRS) wheat and modest gains for Canada Prairie Spring Red (CPSR). Average CWRS (13.5 per cent protein) wheat prices were down by about $1 per tonne at most locations, with […] Read more


pigs

Swine fever will hurt China’s soybean and canola imports

Suppliers of hog feed ingredients will take a hit from culls

China is facing the grim reality of its massive hog industry taking a huge blow due to African swine fever. The BBC has reported China has already culled about 40 million hogs. This came after more than 120 cases of African swine fever were found in most parts of China. Rabobank has issued a projection […] Read more



CPRS, CWRS bids down

Average prices ranged from about $227 per tonne to as high as C$247 a tonne

Western Canadian wheat bids were down during the week ended April 18, with losses across the board in both hard red spring wheat and Prairie spring wheat. Average Canadian Western Red Spring (13.5 per cent CWRS) wheat prices were down by about $3 per tonne at most locations, with only eastern Manitoba seeing a decline […] Read more


Canola falls to new lows

Bearish charts and uncertainty over the Chinese market are weighing in

ICE canola futures fell to fresh contract lows during the holiday-shortened week ended April 18, as bearish chart signals weighed on values and the trade dispute between Canada and China showed no signs of improving. Heavy spread trade during the week saw traders roll out of the May contract and into July, which now holds […] Read more