Combine harvester cutting crops in barley field during harvest under dramatic cloudy sky

Hard red wheat bids rise in Western Canada

Rising U.S. wheat futures values have helped offset strength in the Canadian dollar

Hard red spring wheat bids in Western Canada posted solid gains during the week ended Sept. 21, as advances in U.S. futures provided support and countered the bearish influence of the rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $4-$7 per tonne over the course

corn harvesting

Fundamentals, trade fights help hold canola rangebound

StatsCan’s production report from space has little impact

The ICE Futures canola market continued to chop around unchanged during the week ended Sept. 21, buffeted by a conflicting mix of trade wars, weather issues, spillover losses in soybeans and harvest pressure. The $50-per-tonne level seems like a distant memory these days, as canola was content to hang above the $485 mark in the


A mature wheat crop in southern Saskatchewan, on Sept. 2, 2018.

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

Canola gets technical support against USDA production data

Canola gets technical support against USDA production data

Crush margins have slipped to historically low levels

The ICE Futures canola market suffered losses during the week ended Sept. 17, but the front-month November contract enjoyed some technical support, which allowed it to stay above the key $490-per-tonne mark. The main item dominating the headlines was a bearish production report from the U.S. Department of Agriculture that weighed down oilseed markets in


Dropping U.S. futures drag Prairie wheat bids lower

Dropping U.S. futures drag Prairie wheat bids lower

Minneapolis, Chicago and Kansas City December wheat all dropped significantly on the week

Wheat bids in Western Canada were down again for the week ended Sept. 7, following the lead of U.S. futures markets. While U.S. futures dropped significantly, a weaker Canadian dollar held back losses for Prairie wheat bids. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $1-$2 per tonne, according

Harvest uncertainty holds canola in sideways trench

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


Prairie wheat bids down again with U.S. futures

Prairie wheat bids down again with U.S. futures

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

Wheat bids in Western Canada continued to fall during the week ended Aug. 30, following the lead of the U.S. futures markets. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were down by $4 to $6 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price

StatsCan data lifts, U.S. soy drags on canola futures

StatsCan data lifts, U.S. soy drags on canola futures

Trade talks add volatility on the Canadian dollar

Canola futures found themselves in a sea of volatility during the week ended Aug. 31 as trade negotiations, an improving weather situation across Western Canada and a key report by Statistics Canada took turns pulling futures up and down. The government agency, in its Aug. 31 report, estimated Canadian canola production at 19.2 million acres,


Prairie wheat bids follow U.S. futures higher

Prairie wheat bids follow U.S. futures higher

Chicago and K.C. September wheat futures rose on the week while Minneapolis wheat slipped

Hard red spring wheat bids in Western Canada climbed higher during the week ended Aug. 17, taking direction from most of the U.S. futures markets. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up $6-$9 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ

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

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