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Prairie wheat bids mixed, watching U.S. futures markets

MGEX and CBOT May wheat futures were up on the week, while K.C. May wheat fell

Wheat bids in Western Canada were mixed for the week ended April 13, following U.S. futures markets, which were also mixed. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose by $1-$5 per tonne across most of the Prairie provinces, according to price quotes from a cross-section of delivery points compiled […] Read more


Canola futures see support despite bearish carry-out

July canola slips on strength in the Canadian dollar

Canola futures took a step back during the week ended April 13, weighed down by strength in the Canadian dollar. Traders began exiting the ICE Futures Canada May contract and securing more favourable positions. While the July contract fell $11.30 on the week, to $526 a tonne, it still showed independent strength given the bearish […] Read more



Prairie wheat bids follow U.S. wheat futures higher

MGEX, CBOT and K.C. May wheat all rose at least four per cent on the week

Wheat bids in Western Canada rose for the week ended April 6, following the lead of U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose by $13-$16 per tonne across the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data […] Read more


China’s planned soy tariffs may support canola, for now

Winter’s persistence also underpins grains and oilseeds

Canola futures moved steadily higher over the course of the week ended April 6, with new-crop November hitting fresh contract highs and the front months reaching their best levels in more than four months. The gains in canola came despite, or possibly because of, a choppy week in the Chicago soy complex. Heightening trade tensions […] Read more



Spring wheat bids drop with large U.S. acreage ideas

MGEX May spring wheat dropped 24.25 U.S. cents per bushel on the week

Hard red spring wheat bids in Western Canada moved lower during the week ended March 29, as losses in Minneapolis futures weighed on values. A report from the U.S. Department of Agriculture predicting much larger spring wheat acres in the country than many analysts had expected accounted for the sell-off in the futures that spilled […] Read more


Canola rises on USDA’s soybean acreage outlook

CBOT corn futures followed a track similar to soy

ICE Futures Canada’s May canola futures posted light gains during the week ended March 29, generally hanging in a recently established range of $520-$525 per tonne. Supportive chart signals helped keep canola aloft to start the week. It was somewhat bumpy for futures, though, as the spectre of a large carry-out and expectations for a […] Read more



Prairie wheat bids follow U.S. futures down

The loonie rising more than 1-1/3 U.S. cents on the week also pressured cash prices

Wheat bids in Western Canada fell for the week ended March 23, taking direction from falling U.S. futures and a higher Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices fell across the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data […] Read more


Argentina’s late rainfalls drag on oilseed futures

Snows on the Prairies weigh on canola’s price outlook

ICE Futures Canada canola contracts held above the $520-per-tonne mark during the week ended March 26, as speculative buying helped offset the bearish influence of rain in South America. From March 16 to March 23, canola lost $2.50 to end Friday at $520.60 per tonne. The week started off with a thud, as beneficial rains […] Read more



Prairie wheat bids rise as dollar falls

MGEX, CBOT and K.C. wheat futures values are all down on the week

Hard red spring wheat bids in Western Canada took strength from a weaker dollar, with bids rising in price for the week ended March 16. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose across the Prairie provinces, according to price quotes from a cross-section of delivery […] Read more


Canola draws strength from weaker Canadian currency

Rain for U.S. Plains and Argentina drags on futures

ICE Futures Canada canola contracts saw some choppy activity over the course of the week ended March 16, but trended higher overall with much of the relative strength coming from weakness in the Canadian dollar. The currency fell by about 1.5 cents relative to its U.S. counterpart over the course of the week, which helped […] Read more