Grain Markets & Farming Articles - Manitoba Co-operator

Canadian dollar pressures Prairie wheat bids

The loonie rose roughly half a cent over the course of the week

By Ashley Robinson - MarketsFarm October 19, 2017

Hard red spring wheat bids in Western Canada dipped during the week ended Oct. 13, as the Canadian dollar rose due to higher oil prices. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down as much as $3-$4 per tonne across the Prairie provinces, according to

Grain Markets, Markets

Fundamentals, uncertainty hold canola rangebound

USDA’s soybean yield outlook was briefly helpful

By Dave Sims October 19, 2017

The ICE Futures Canada canola market enjoyed a slight bump during the week ended Oct. 12, as a bullish U.S. Department of Agriculture report lifted the tide for all oilseeds. However, canola futures will likely need more bullish news if they hope to shake free of their recently established range of $490-$500 per tonne. USDA

Grain Markets, Markets

Weaker loonie supports wheat bids on Prairies

The Canadian dollar dropped roughly half a cent over the course of the week

By Ashley Robinson - MarketsFarm October 13, 2017

Hard red spring wheat bids in Western Canada rose during the week which ended Oct. 6, as weakness in the Canadian dollar drove up prices. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up as much as $7 per tonne across the Prairie provinces, according to

Grain Markets, Markets

Canola futures climb as snow falls over Prairies

Canola deliveries remained steady, but so did demand

October 13, 2017

ICE Futures Canada canola contracts moved higher over the course of the week ended Oct. 6, hitting their best levels of the past month as snow hit parts of the Prairies and put a halt to harvest operations. With about a quarter of the canola crop still out in the fields Prairie-wide, the adverse weather

Grain Markets, Markets

Prairie wheat bids dip with U.S. futures

MGEX December spring wheat futures slipped by 11 U.S. cents on the week

By Ashley Robinson - MarketsFarm October 5, 2017

Hard red spring wheat bids in Western Canada slipped during the week which ended Sept. 29, as losses in Minneapolis futures weighed on cash prices despite weakness in the Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down as much as $2 per tonne

Grain Markets, Markets

Canola remains rangebound despite support for soy

The latest USDA report put pressure on wheat values

By Dave Sims October 5, 2017

ICE Futures Canada canola futures spent most of the week ended Sept. 29 chopping around in their recently established range, despite two major reports that moved other agricultural markets. The U.S. Department of Agriculture on Friday released its quarterly stocks report, in which it pegged U.S. soybean stocks at 301 million bushels. That was far

Grain Markets, Markets

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

By Phil Franz-Warkentin September 28, 2017

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

Grain Markets, Markets

Canola traders are fixed on forecasts for a record crop

Minneapolis wheat suggests protein will be in short supply

September 28, 2017

ICE Futures Canada canola contracts trended higher for the past two weeks, despite seasonal harvest pressure, although the bigger picture remains sideways and rangebound. The November contract briefly traded above the 200-day moving average of $497 per tonne on Sept. 22, on the back of some fund buying triggered by a rally in Chicago soybeans.

Grain Markets, Markets

Prairie wheat bids continue on trek downward

MGEX December spring wheat futures dropped more than 25 U.S. cents on the week

By Dave Sims September 22, 2017

Hard red spring wheat bids in Western Canada softened yet again during the week ended Sept. 15, as downward action in U.S. futures dragged on values. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down $5-$6 per tonne across the Prairie provinces, according to price quotes from a cross-section of

Grain Markets, Markets

U.S. soy, Prairie weather help halt canola’s skid

A new USDA report was briefly bearish for corn and soy

By Dave Sims September 22, 2017

ICE Future Canada canola contracts managed to halt their recent trek downward on the charts through a mix of weather issues, speculative buying and upward action in U.S. soybeans. However, strength in the Canadian dollar and the continuing oilseed harvest throughout North America were still bearish forces for the commodity during the week ended Sept.

Daily Network News

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Large Prairie crops lead to increased December stocks

Grain Markets

Canadian dollar pressures Prairie wheat bids

Fundamentals, uncertainty hold canola rangebound

Weaker loonie supports wheat bids on Prairies

Canola futures climb as snow falls over Prairies

Prairie wheat bids dip with U.S. futures

Canola remains rangebound despite support for soy

Wheat bids improve in Western Canada as loonie dips

Canola traders are fixed on forecasts for a record crop

Prairie wheat bids continue on trek downward

U.S. soy, Prairie weather help halt canola’s skid

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