Canadian wheat bids drift lower with U.S. futures

Canadian wheat bids drift lower with U.S. futures

A show of strength from the loonie has kept a cap on prices

Hard red spring wheat bids in Western Canada lost some ground during the week ended Nov. 24, as declines in the U.S. futures and a firmer tone in the Canadian dollar weighed on values. Depending on the location, average Canada Western Red Spring (13.5 per cent CWRS) wheat prices were down by $4 to $5


(Bob Nichols photo courtesy ARS/USDA)

U.S. grains: Corn firms on short-covering at month’s end

Chicago | Reuters — U.S. corn futures rose on Thursday as fund-driven short-covering at the end of the month overshadowed disappointing export sales data, analysts said. Wheat futures on the Chicago Board of Trade ended mostly lower, with nearby contracts pressured by heavier-than-expected deliveries against the December contract on first notice day. Soybeans fell, led




(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat hits contract lows

Chicago | Reuters — Chicago Board of Trade wheat futures sank 1.4 per cent to fresh contract lows on Monday, pressured by poor demand for U.S. supplies from overseas buyers, traders said. The drop in wheat weighed on corn futures while soybean futures edged higher, underpinned by concerns about crop development in South America. The