Cash wheat bids across Western Canada were mostly lower during the week ended Tuesday (July 2), as losses in the U.S. futures spilled into the Canadian market. However, while the general trend was down, there were some localized basis opportunities to be found. Average spot bids on Tuesday for 13.5 per cent-protein Canada Western red
Prairie wheat bids soften
No surprises in StatsCan’s acreage count
Canadian farmers planted a little more canola and a little less wheat compared to early intentions, but Statistics Canada’s updated acreage estimates, released Tuesday, were largely in line with trade expectations. With few surprises in the numbers, attention in the grains and oilseeds was expected to turn to weather conditions over the course of the
Prairie wheat bids strengthen
Cash wheat bids across Western Canada moved higher during the week ending Monday (June 24), outpacing the U.S. futures to the upside as the weaker Canadian dollar caused basis levels to improve. Average spot bids on Monday for 13.5 per cent-protein Canada Western red spring (CWRS) wheat across Manitoba, Saskatchewan and Alberta came in at
Prairie wheat bids decline for second straight week
Cash wheat bids across Western Canada moved lower during the week ended Monday, as declines in U.S. wheat futures and attention shifting to relatively favourable new-crop prospects weighed on values. Average spot bids for 13.5 per cent-protein Canada Western red spring on Monday across Manitoba, Saskatchewan and Alberta came in at around C$263 per tonne
Northern port forecasts busy season
The head of the Port of Churchill is predicting both grain movement and the number of customers using the facility will increase this year. “It looks like it will be a solid year,” said Jeff McEachern, executive director of the Churchill Gateway Development Corporation. Last year, the first boat didn’t load until early August, but
Prairie CWRS wheat bids holding steady
Cash wheat bids across Western Canada saw some narrowly mixed activity during the week ended Tuesday (May 28). Canada Western red spring (CWRS) wheat bids held relatively steady, with small declines at some elevators and a firmer tone at other locations. Average spot bids for 13.5 per cent-protein CWRS across Manitoba, Saskatchewan and Alberta on
Man. corn acres unlikely to live up to early expectations
Manitoba corn growers have made good progress planting over the past two weeks, but the late start is expected to limit expansion into non-traditional growing areas, according to an official with the Manitoba Corn Growers Association. After planting a record 300,000-acre corn crop in 2012, strong prices and improving varieties had Manitoba farmers intending to
Old/new-crop corn and soybean spreads widening
Old-crop soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday (May 22), as tight supplies provided underlying support. New-crop soybeans lagged to the upside, while rapid seeding progress across the Midwest caused corn to post small losses in the deferred months. The spread between the old- and
Prairie wheat bids mixed: CWRS up, CPRS down
Cash wheat bids across Western Canada saw some mixed activity during the week ended Tuesday, with a steady to firmer tone in Canada Western red spring (CWRS) wheat, but losses in Canada Prairie red spring (CPRS). Average spot bids for 13.5 per cent-protein CWRS across Manitoba, Saskatchewan and Alberta came in on Tuesday at around
Prairie farmers take advantage of planting window
Weather conditions were good for spring seeding across much of Western Canada over the past week, with producers in the Prairie provinces getting in about a third of the crop in the past seven days alone, according to a CWB official. Total seeding progress across Manitoba, Saskatchewan and Alberta was estimated at 45 to 50
Cyber-Savvy Farmer
