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Prairie cash wheat: Spring wheat bids edge higher

U.S. wheat futures supportive; durum bids down

MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, underpinned by gains in U.S. wheat futures. However, durum bids lost some ground. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by between 10 cents and $5.80 per tonne across the Prairies, according

A worker watches harvested soybeans 
being loaded off a field 
at Firmat in Argentina’s Santa Fe province in 2021. Recent but variable rains have eased drought concerns for Argentina’s recently planted soy crops.

Canola market’s lower end tested

China’s demand outlook remains a question mark

The lower edge of the well-established trading range for the ICE Futures canola market was tested during the last full week of January, but support was uncovered to the downside and values are rangebound for now. The nearby March contract traded as low as $791 per tonne on Jan. 25 but managed to claw back


There seems to be some correlation between certain zero-till practices and soil acidification.

Soil acidity a growing issue

Over time a natural chemical reaction to nitrogen can cause an acidic band to develop

Most of Manitoba’s soils are considered to be neutral, with pH around 7.0 and being neither acid nor alkaline. If anything there’s a tendency towards the alkaline. That’s why North Dakota State University cropping systems specialist Ryan Buetow’s warning at the recent Manitoba Agronomists’ Conference was unexpected. He says there are pockets of acidity showing

CBOT March 2023 soft red winter wheat with 20-day moving average, MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat futures firm; technical resistance weighs

Chicago soybeans up, corn down

Chicago | Reuters — Chicago wheat futures gained on Tuesday as traders eye winter wheat conditions across the U.S. Plains amid a second frigid cold snap this season, though futures struggled against technical resistance. Soybeans futures ended up, though prices were pressured by a correction in the soymeal charts, traders said. Corn futures ended lower,


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Prairie cash wheat: Bids mixed as U.S. futures rise

Rising Canadian dollar adds pressure

MarketsFarm — Canada Western Red Spring and Canada Western Amber Durum wheat prices declined while bids for Canada Prairie Spring Red rose during the week ended Jan. 26. Wheat futures in the U.S. fell Monday, with the March contracts on the Chicago Board of Trade (CBOT) dropping 21 to 29 U.S. cents due to spillover

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Prairie cash wheat: Prices step back

U.S. wheat futures down on week

MarketsFarm — Wheat prices declined on the Canadian Prairies during the week ended Thursday, as a stronger Canadian dollar and losses in the U.S. wheat complex weighed on values. Pressure came from expanded all-wheat acres to be planted in the United States, 48.84 million expected in 2023 versus the 45.7 million planted in 2022. The



How hybrid wheat could lead to more food without GMO fears

Reuters – American farmers are gaining access to a new type of wheat developed by agrichemical giant Syngenta without genetic engineering, as the world’s biggest seed companies seek to boost yields amid dwindling supplies of grain. Chinese-owned Syngenta is releasing hybrid wheat on 5,000 to 7,000 acres next year, a fraction of total U.S. plantings,


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Prairie cash wheat: Bids lower as futures take a hit

CWRS values mixed; CPSR and durum down

MarketsFarm — Coming out of the holiday season, most western Canadian wheat bids were slightly lower for the week ended Thursday, as wheat futures in the U.S. continued to be bearish. U.S. wheat exports continue to fall behind last year’s pace, as cheaper Russian wheat floods the market due to a potential record crop and