Wheat bids fall along with U.S. futures

Wheat bids fall along with U.S. futures

While the futures fell, many locations saw a rising basis

Hard red spring wheat bids in Western Canada fell slightly for the week ending Nov. 17, following decreases in the United States markets. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices were down $3 to $5 per tonne across the Prairie provinces, according to price quotes from


Randy Dennis (l), the former chief grain inspector for Canada, demonstrates the ins and outs of grain grading at a workshop. The Canadian Grain Commission is reviewing the grading system. While some groups want to switch to instrument-measured specifications, others warn that could create problems.

Grain commission launches major grain grading system review

Views vary within the grain industry about what should stay, what should 
go and who’ll pay any extra costs

The Canadian Grain Commission (CGC) is conducting a major review of grain grading. That’s prompting calls by some for specifications to replace grades, while others say they’ll consider changes if they don’t undermine the current system or cost too much. Read more: Column roils wheat grading controversy Read more: Grading system needed to ensure proper compensation







(Allan Dawson photo)

U.S. grains: Corn sinks to contract lows

Chicago | Reuters — U.S. corn futures fell to new contract lows for the third straight day on Thursday as lower-than-expected weekly export sales and abundant supplies weighed on the market. Soybeans also declined on disappointing weekly U.S. Department of Agriculture export sales data and as improving crop weather in Brazil raised prospects that the


Wheat bids rise across Western Canada

Wheat bids rise across Western Canada

U.S. futures rose, pulling Canadian prices right along with them

Hard red spring wheat bids in Western Canada rose for the week ending Nov. 9, following increases in the United States markets. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices were up C$8 to C$9 per tonne across the Prairie provinces, according to price quotes from a