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Spring wheat

Canada Prairie Spring Red wheat bids were up by $2-$4 per tonne at most locations.
Grain Markets, Markets

CPSR wheat bids up, CWRS down on the week

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

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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
Crop Report, Local news, Weather

Seeding begins in most areas of Manitoba

Manitoba Crop Report and Crop Weather report for April 30

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Southwest Region Accumulated moisture over the past week amounting to 1.5 to 10 mm as rain and snow. Areas to the south of Hwy #2 received the most snow. Overnight temperatures below zero, daytime highs reaching high teens. Average soil temperature 5 C. Seeding of cereals and some peas has started south of Hwy #1,
CBOT July 2019 wheat with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets

U.S. grains: Soy, wheat hit new lows as supplies outweigh rainy weather

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Chicago | Reuters — U.S. soybean futures fell for a third straight session on Tuesday and struck fresh contract lows in most months as burdensome global stocks and sluggish U.S. exports dragged prices lower, triggering technical selling. Wheat futures, too, posted contract lows as better-than-expected U.S. winter crop conditions added to pressure from largely beneficial
CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn firms as rains stall planting

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Chicago | Reuters — U.S. corn futures firmed on Monday, hitting the highest point in a week as wet weather across much of the U.S. Midwest and forecasts for continued rains this week threatened to prolong spring planting delays. Soybeans were lower on sluggish U.S. exports, abundant global supplies and worries that delayed corn seeding
CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn higher on wet weather forecast

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Chicago | Reuters — U.S. corn futures rose about one per cent on Friday as wet weather forecast for the Midwest crop belt prompted short-covering, analysts said, while soybeans fell to multi-month lows. Wheat futures firmed slightly but still recorded a weekly decline as ample global supplies anchored the market. Chicago Board of Trade July
CBOT July 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy higher after three-day skid

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Chicago | Reuters — U.S. soybean futures closed higher on Thursday, snapping a three-session slide, while corn and wheat rebounded from contract lows as fund-driven selling paused and forecasts signaled more U.S. planting delays, traders said. Chicago Board of Trade (CBOT) July soybeans settled up four cents at $8.72-3/4 per bushel (all figures US$). CBOT
CPRS, CWRS bids down
Grain Markets, Markets

CPRS, CWRS bids down

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

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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
Canola falls to new lows
Grain Markets, Markets

Canola falls to new lows

Bearish charts and uncertainty over the Chinese market are weighing in

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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
CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets

U.S. grains: Corn, soy drop to multimonth lows

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Chicago | Reuters — U.S. corn futures fell to their lowest level in seven months on Wednesday and spot soybean futures hit a 5-1/2-month low on ample global supplies and dimming prospects for U.S. export business, analysts said. Wheat also declined, with Chicago Board of Trade futures hitting a one-month low while K.C. and Minneapolis

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