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Prairie CWRS bids firm as other classes edge lower

Minneapolis and Kansas City May wheat futures both rose on the week

Western Canadian wheat bids were mixed during the week ended April 12, reacting to activity in U.S. futures and a firmer Canadian dollar, with gains in hard red spring wheat and losses in Prairie spring wheat. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $1-$5 per tonne at […] Read more

Canola firm at midday Thursday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 18 (MarketsFarm) – ICE Futures canola contracts were holding onto small gains at midday Thursday, finding some support from advances in Chicago Board of Trade soyoil. A lack of significant farmer selling and expectations for reduced Canadian canola acres this spring also underpinned the futures. Statistics Canada releases its […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, April 18 (MarketsFarm) The Canadian dollar was slightly weaker Thursday morning, with concerns over a global economic slowdown behind some of the weakness as investors squared positions ahead of the Easter long weekend. At 8:59 CDT Thursday morning the Canadian dollar was at US$0.7473 or C$1.3382 which compares with Wednesday’s North American […] Read more

ICE canola futures: Early bids lower ahead of Good Friday holiday

By Glen Hallick, MarketsFarm WINNIPEG, April 18 (MarketsFarm) – ICE Futures canola contracts were down in early trade Thursday morning, with volumes lighter than what has been experienced this week. The May canola contract was down 30 cents, at C$450.90 per tonne. The July contract also slipped 30 cents, at C$458.40 per tonne. The Intercontinental […] Read more