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Domestic canola crush levels are running at a steady pace, but exports are lagging due to tensions with China.
Grain Markets, Markets

ICE canola finds support at low end of long-term range

World wheat carry-out is expected down from 2017-18 size

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ICE canola futures fell to fresh contract lows during the week ended Feb. 22, but did manage to find some support to the downside as values eventually consolidated near the bottom edge of their long-term trading range. The focus in the futures has shifted from the March contract to the May, with intermonth spreading a
ICE Futures canola trended lower during the week ended Feb. 15.
Grain Markets, Markets

Ungainly supplies, lack of demand dragging on canola

Assorted drama in the U.S. added a cautious tone to trade

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ICE Futures canola contracts trended lower in the front months during the week ended Feb. 15, moving below chart support in the process as a number of factors conspired to weigh on values. The nearby March contract fell below the psychological $480-per-tonne level on Feb. 14, setting the stage for a test of the nearby
Average (CWRS) prices ranged from about $248 per tonne in western Manitoba and southeastern Saskatchewan to as high as $269 in southern Alberta.
Grain Markets, Markets

Wheat bids mixed in Western Canada

Minneapolis wheat and Chicago and K.C. wheat futures go separate ways, for now

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Western Canadian wheat bids were mixed during the week ended Feb. 14, with a steady tone in Canada Western Red Spring (CWRS) bids and losses in Canada Prairie Spring Red (CPSR) as U.S. futures moved in opposite directions and the Canadian dollar weakened slightly. Average CWRS (13.5 per cent protein) wheat prices were steady to
Average (CWRS) prices ranged from about $248 per tonne in western Manitoba and southeastern Saskatchewan to as high as $269 in southern Alberta.
Grain Markets, Markets

Red spring wheat loses ground on Prairies

Minneapolis, Kansas City and Chicago March wheat futures were down on the week

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Wheat bids in Western Canada were largely down for the week ended Feb. 8 as losses in U.S. futures countered the supportive influence of a weaker Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by about $2, according to price quotes from a cross-section of delivery points
One dollar Canadian coin pattern
Grain Markets, Markets

A weaker Canadian dollar lifts ICE canola futures

Healthy crush margins should keep processors rolling steady

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ICE Futures canola contracts held within a narrow range during the week ended Feb. 8, but trended higher overall, with a weaker tone in the Canadian dollar providing some support. The currency lost roughly a full cent relative to its U.S. counterpart over the course of the week, settling at 75.36 U.S. cents on Feb.
Red spring wheat bids down, durum up on Prairies
Grain Markets, Markets

Red spring wheat bids down, durum up on Prairies

MGEX and CBOT March wheat both rose on the week, while K.C. wheat slipped

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Wheat bids in Western Canada were largely down for the week ended Feb. 1 as the Canadian dollar made gains on the week. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $2-$3, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes).
Canola remains rangebound against various pressures
Grain Markets, Markets

Canola remains rangebound against various pressures

Market watchers await upcoming data dumps from USDA

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ICE Futures canola contracts trended lower for most of the week ended Feb. 1 as a number of factors conspired against them. However, prices remain rangebound overall and the market managed to end the week on a minor positive note. The nearby March contract lost roughly $6 per tonne during the last week of January,
Canada Prairie Spring Red wheat bids were stronger, increasing by around $3-$5 per tonne.
Grain Markets, Markets

Western Canadian wheat bids make gains in most locations

Minneapolis, Kansas City and Chicago March wheat futures all rose on the week

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Wheat bids in Western Canada were largely up for the week ended Jan. 25, supported by gains in most of the U.S. futures markets, as the Canadian dollar was steady on the week. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up $1-$5, except in eastern Manitoba where prices were
ICE Futures canola contracts trended higher over the course of the week ended Jan. 25, but canola is seen sluggish overall due to outside influences.
Grain Markets, Markets

Export uncertainties keep canola trading rangebound

New estimates call for a one per cent rise in canola acres

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ICE Futures canola contracts trended higher over the course of the week ended Jan. 25, as the market saw a chart-based recovery off of the yearly lows hit the previous week. However, canola remains rangebound and sluggish overall, largely taking its influence from activity in outside commodity and financial markets. Trade uncertainty kept a cautious
Prairie wheat bids up with U.S. futures, dollar changes little
Grain Markets, Markets

Prairie wheat bids up with U.S. futures, dollar changes little

Minneapolis and Kansas City March wheat are up while CBOT wheat slips on the week

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Wheat bids in Western Canada were mostly down for the week ended Jan. 18, supported by gains in most U.S. futures markets as the Canadian dollar was virtually unchanged for the week. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up $2-$3, according to price quotes from a cross-section of delivery

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