Latest articles


Western Canadian wheat bids finish week mixed

Cash wheat values took support from U.S. futures against a stronger Canadian dollar

Hard red spring wheat bids in Western Canada held rangebound in most locations during the week ended Sept. 14, with small gains in some areas and small losses in others, as the futures held reasonably steady and the Canadian dollar strengthened. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were within […] Read more


Harvest uncertainty holds canola in sideways trench

StatsCan’s reports did little to move markets either way

ICE Futures canola contracts held within a rather narrow range during the week ended Sept. 7, with even a pair of Statistics Canada reports unable to break the market out of its sideways pattern. Prairie harvest operations are moving north, and weather conditions and yield reports will be followed closely for at least the next […] Read more



Expectations for U.S. crops likely to drag on canola market

New crop estimates are due out from StatsCan next week

ICE canola contracts moved higher during the week ended Aug. 17, although the market remains rangebound overall with seasonal harvest pressure and a large U.S. soybean crop likely to temper the upside going forward. From a chart standpoint, the November contract remains stuck in a $50 range between $475 and $525 per tonne. Statistics Canada […] Read more


CWRS wheat bids rise, but run into resistance

Minneapolis, Chicago and Kansas City futures backed off from their nearby highs

Hard red spring wheat bids in Western Canada edged higher during the week ended Aug. 10, although the U.S. futures backed away from their nearby highs and the North American wheat market showed signs of running into resistance. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $1-$2 per […] Read more



Wheat and US dollars

World weather concerns send Prairie wheat bids higher

Several key regional production estimates have been lowered

Hard red spring wheat bids in Western Canada climbed higher during the week ended July 27, as heat and dryness concerns in a number of key wheat-growing regions of the world sparked a rally in the United States futures. Production estimates out of Europe, the Black Sea region, and Australia were all seeing downward revisions, […] Read more


horizontal image of five round steel grain bins sitting in a yellow canola field under a very cloudy sky in the summer.

Grain markets playing wait-and-see

Dryness concerns still aren’t causing widespread crop concerns

ICE Futures canola contracts held within a rather narrow range during the week ended July 27, with volumes on the light side as both farmers and end-users keep to the sidelines ahead of the harvest. Dryness remains a concern in a number of areas, but those concerns have so far not been enough to give […] Read more



Expect supply outlook to keep canola futures well tethered

A federal forecast predicts more canola exports in 2018-19

ICE Futures Canada canola contracts moved higher for most of the week ended July 20, before running into resistance and ending with a softer tone on Friday. A recovery in the Chicago soy complex provided some underlying support for the Canadian oilseed, but canola remains expensive from a chart perspective. World trade continues to keep […] Read more


Spring wheat bids rise off of nearby lows

September U.S. wheat futures climb by 14 to 24.5 U.S. cents on the week

Hard red spring wheat bids in Western Canada moved higher in most locations during the week ended July 6, taking some direction from a rally in U.S. futures as prices corrected off of nearby lows. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $9 per tonne in northwestern Saskatchewan […] Read more



five steel grain bins sitting in canola field.

Canola trading kept choppy as agencies estimate acres

Markets will watch where soybeans go as tariffs kick in

ICE Futures Canada canola contracts held within a rather narrow range during the week ended June 29, with only the nearby July contract seeing some wide price swings as traders exited the front month before its expiry. Aside from the month-end spread trade, positioning ahead of a number of key reports kept activity on the […] Read more


canola field

Canola bounces back from sell-off in U.S. soybeans

Fallout from the GM wheat finding remains to be seen

ICE Futures Canada canola contracts fell to some of their lowest levels in months during the week ended June 15, before finding some support at the lows. The new-crop November contract fell below $505 per tonne at one point during the week, but was back around the $510 level by Friday’s close. Chicago soybeans were […] Read more