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Spring wheat bids rise off of nearby lows

September U.S. wheat futures climb by 14 to 24.5 U.S. cents on the week

Hard red spring wheat bids in Western Canada moved higher in most locations during the week ended July 6, taking some direction from a rally in U.S. futures as prices corrected off of nearby lows. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $9 per tonne in northwestern Saskatchewan […] Read more


Bargain buying of U.S. soy supports ICE canola futures

Corn relatively unchanged on U.S. biofuel policy turmoil

It was a bumpy ride for the ICE Futures Canada canola market during the week ended July 6. The aftermath of a bearish acreage report by Statistics Canada on June 29 gave way to trepidation on Friday, when Chinese tariffs on U.S. soybeans finally kicked in. Traders sold off contracts in the days leading up […] Read more



Prairie wheat bids down with U.S. futures

MGEX September wheat futures dropped by more than four per cent on the week

Wheat bids in Western Can­ada were down for another week, as trade tensions continued to weigh on U.S. futures markets. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $6 to $13 per tonne across the Prairie provinces, according to price quotes from a cross-section […] Read more


five steel grain bins sitting in canola field.

Canola trading kept choppy as agencies estimate acres

Markets will watch where soybeans go as tariffs kick in

ICE Futures Canada canola contracts held within a rather narrow range during the week ended June 29, with only the nearby July contract seeing some wide price swings as traders exited the front month before its expiry. Aside from the month-end spread trade, positioning ahead of a number of key reports kept activity on the […] Read more



Prairie wheat bids down as crop conditions improve

MGEX, CBOT and K.C. September wheat futures slipped by 3.5-4.5 per cent on the week

Wheat bids in Western Canada were down with U.S. futures for the week ended June 15. Improving crop conditions across Canada and the U.S. weighed on markets. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were down $3-$6 per tonne across the Prairie provinces, according to price quotes […] Read more


canola field

Canola bounces back from sell-off in U.S. soybeans

Fallout from the GM wheat finding remains to be seen

ICE Futures Canada canola contracts fell to some of their lowest levels in months during the week ended June 15, before finding some support at the lows. The new-crop November contract fell below $505 per tonne at one point during the week, but was back around the $510 level by Friday’s close. Chicago soybeans were […] Read more



Better crop conditions weigh on spring wheat bids

MGEX, CBOT and K.C. July wheat futures were all down from the previous week

Hard red spring wheat bids in Western Canada moved lower during the week ended June 8, as improving North American crop conditions weighed on Minneapolis spring wheat futures. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $3-$7 per tonne across the Prairie provinces, according to […] Read more


Rain across Prairies, fund liquidation drag on canola

U.S. trade spats with other countries roil commodities

The ICE Futures Canada canola market continued to trend lower during the week ended June 8. The front-month July contract gave way to the November contract month as the dominant value, as traders roll into the new crop. November sunk below the $510-per-tonne mark and closed at $511.10, down $11.90 from June 1. Fund liquidation […] Read more



GRAINS-Soybeans, corn slide on U.S. crop weather; wheat firms

* Showers seen bolstering U.S. soy, corn crops * Weaker Brazilian currency could spur farmer soy sales * U.S.-China trade tensions hang over market * Wheat futures climb on global weather risks (Updates with closing CBOT prices) By Julie Ingwersen CHICAGO, June 7 (Reuters) – U.S. soybean futures fell about 2 percent on Thursday, with […] Read more

GRAINS-Soybeans, corn slide on U.S. crop weather; wheat firms

* Warm, wet weather seen bolstering U.S. soy, corn crops * Weaker Brazilian currency could spur farmer soy sales * U.S.-China trade tensions hang over market * Wheat futures climb on global weather risks (Recasts; updates prices, adds quotes, changes byline, dateline, previous PARIS/SINGAPORE) By Julie Ingwersen CHICAGO, June 7 (Reuters) – U.S. soybean futures […] Read more