Good year for Prairie spring wheat, not so much for durum

Good year for Prairie spring wheat, not so much for durum

Spring wheat prices are expected to see pressure in the new year

While spring wheat prices in Western Canada enjoyed a strong year, durum prices weren’t so lucky. Heading into 2019, spring wheat prices could fall victim to increasing global wheat acreage, while durum prices will need to see acreage fall. Data from the PDQ (Price and Data Quotes) show Canada Western Red Spring (CWRS, 13.5 per



CBOT March 2019 soybeans with 20-day moving average. (Barchart)

U.S. grains: Soy up on crop stress in Brazil, hopes for China talks

Chicago | Reuters — U.S. soybean futures advanced to a near two-week high on Wednesday on declining yield prospects in Brazil and optimism about U.S. trade relations with top global soy buyer China, traders said. Wheat futures rose, rebounding from multi-month lows on short-covering and concerns about excessive rains in Argentina, while corn finished modestly







CBOT March 2019 soybeans, with 20-day moving average. (Barchart)

U.S. grains: Soy, corn, wheat near one-month lows

Chicago | Reuters — U.S. corn, soybean and wheat futures approached one-month lows on Wednesday on worries over export demand and increasing competition for global sales. Traders were disappointed that there were no signs of additional sales of U.S. soybeans to China, the world’s top importer of the oilseed, or of corn. China bought U.S.