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Fence and canola crop

An up-and-down week for canola prices

Prices hit highs not seen since summer but fell back by the end of the week

ICE Futures Canada canola futures touched some of their best levels since July during the week ended November 3, but ran into resistance at the highs and were right back where they started by Friday’s close. The January contract hit a session high of $522.50 per tonne on November 2, but was back below the […] Read more


U.S. biofuel trade fight benefits canola futures

ICE Futures Canada pulls the plug on barley and wheat

ICE Futures Canada canola contracts climbed to their highest levels in more than two months during the week ended Oct. 27, as declines in the Canadian dollar and gains in U.S. soyoil provided double the support. The currency was the biggest driver, falling below 78 U.S. cents for the first time since July. The drop […] Read more



Canola draws strength from U.S. biofuel policy moves

Slim supplies of high-protein wheat held up MGEX futures

Canola futures knocked at upper resistance repeatedly over the week ended Oct. 20, but held rangebound for the most part before finally breaking higher on Thursday and Friday. Gains in Chicago soyoil provided the spark for the eventual move higher in the Canadian market, as veg oil markets reacted to news the U.S. Environmental Protection […] Read more


Wheat bids improve in Western Canada as loonie dips

MGEX December spring wheat was up 13.25 U.S. cents a bushel from the previous week

Hard red spring wheat bids in Western Canada moved higher during the week ended Sept. 22, as gains in Minneapolis futures and weakness in the Canadian dollar provided support. Depending on the location, average Canada Western Red Spring (CWRS) 13.5 per cent wheat prices were up by $2 to $3 per tonne across the Prairie […] Read more




Rising loonie cuts into western Canadian wheat bids

Seasonal harvest pressure also drags on cash wheat values

Hard red spring wheat bids in Western Canada continued to trend lower during the week ended Sept. 8, as seasonal harvest pressure and a soaring loonie weighed on values despite gains in the Minneapolis futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by $2-$6 per tonne across the […] Read more



Off-the-combine sales are bearish on canola values

Irma and Harvey create a cautious tone in U.S. markets

ICE Futures Canada canola contracts fell to the bottom edge of their two-month trading range during the week ended Sept. 8, as seasonal harvest pressure and a soaring loonie provided a double whammy of bearish news. Weather conditions were close to ideal for farmers to make good progress across much of the Prairies, and the […] Read more


Hard red wheat bids drop with U.S. harvest pressure

Lower MGEX wheat futures and a rising loonie also drag on cash prices

Hard red spring wheat bids in Western Canada moved lower for the sixth straight week during the week ended Sept. 1, as an advancing U.S. harvest, declines in Minneapolis futures, and a rising Canadian dollar all weighed on local prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by […] Read more



Late-summer action light as some markets reopen

Dry pastures might force earlier sales of some cattle

The back-to-school season also saw the doors open at a few more Manitoba cattle auction yards during the last week of August, but activity won’t really pick up until late September as the nearby attention focuses on the grain harvest. “We’re probably a couple of weeks away from seeing any kind of volume,” said Rick […] Read more


Prairie wheat bids continue downtrend

A rising loonie and falling U.S. wheat futures drag on cash wheat values

Hard red spring wheat bids in Western Canada during the week ended Aug. 18 moved lower for a fourth consecutive week as declines in U.S. futures and strength in the Canadian dollar weighed on prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by $1-$4 per tonne across the […] Read more