Grain Markets & Farming Articles - Manitoba Co-operator

Prairie wheat bids rise, shrug off bearish currency

Cash durum prices were up $2-$6 on average, seeing bids around $259-$268

By Dave Sims June 2, 2017

Hard red spring wheat bids in Western Canada posted solid gains during the week ended May 26, as supportive action in U.S. futures offset the bearish influence of the Canadian currency. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up $4-$6 in the Prairie provinces, according to price quotes from

Grain Markets, Markets

Seeding pressures run up against low canola stocks

Wet weather also helps support Minneapolis wheat

By Dave Sims June 2, 2017

Canola contracts on the ICE Futures Canada platform were chopping around for much of the week ended May 26, buffeted by weather issues and downward action in soy. Wet weather in Alberta and parts of Saskatchewan has created a soggy mess for many producers trying to get onto their fields. Some haven’t started seeding canola

Grain Markets, Markets

Prairie CWRS bids tick higher with U.S. futures

Cash CPSR values turned downward on the week, as did Kansas City wheat futures

By Dave Sims May 26, 2017

Hard red spring wheat bids in Western Canada ticked higher during the week ended May 19, propped up by supportive action in U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by as much as $1 in the Prairie provinces, according to price quotes from a cross-section of

Grain Markets, Markets, Pulse markets

U.S. soybean futures drag ICE canola contracts lower

Manitoba is furthest ahead in Prairie spring seeding

By Phil Franz-Warkentin May 26, 2017

ICE Futures Canada canola contracts held rangebound for most of the week ended May 19, but trended lower overall as larger losses in the Chicago soy complex put some pressure on values. Crop reports put out by all three Prairie provinces during the week showed a mixed bag when it comes to seeding progress. Manitoba

Grain Markets, Markets

Western Canadian wheat bids trend lower

Cash wheat values on the Prairies followed U.S. futures downward

By Dave Sims May 19, 2017

Hard red spring wheat bids in Western Canada were lower during the week ended May 12, weighed down by action in U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by $1.20 to as much as $3.50 in the Prairie provinces, according to price quotes from a cross-section

Grain Markets, Markets

Western wheat bids chop up and down

Average prices for CWRS wheat ran around $232 per tonne in western Manitoba

By Dave Sims, Phil Franz-Warkentin May 12, 2017

Hard red spring wheat bids in Western Canada saw volatile action during the week ended May 5, ultimately ending mixed in the face of competing influences. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by as much as $1.75 to up $2.25 per tonne across the Prairie provinces, according

Grain Markets, Markets

Bullish stocks data from StatsCan lifts canola

Concerns remain over canola still out on the fields

By Dave Sims May 12, 2017

The ICE Futures Canada canola market’s dominant July contract finished roughly $5 higher during the week ended May 5, after fund buying and a bullish stocks report lifted values out of their doldrums. Statistics Canada pegged domestic canola supplies at 6.567 million tonnes as of March 31, below most analysts’ expectations. That amount is roughly

Grain Markets, Markets

Prairie wheat bids rise with action in U.S. futures

Kansas City July wheat climbed 20 U.S. cents from the previous week

By Dave Sims May 5, 2017

Hard red spring wheat bids in Western Canada posted solid gains during the week ended April 28, taking strength from action in U.S. markets. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by $10 to $13 per tonne across the Prairie provinces, according to price quotes from a cross-section

Grain Markets, Markets

CWRS bids rise along with weaker Canadian dollar

Basis levels across Western Canada range from C$19 to C$39 below the futures

By Phil Franz-Warkentin April 27, 2017

Hard red spring wheat bids in Western Canada moved higher during the week ended April 21, as sharp weakness in the Canadian dollar made up for the softer tone in the Minneapolis spring wheat futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by C$2 to C$4 per tonne

Grain Markets, Markets, Pulse markets

StatsCan canola and soybean estimates surprise traders

Abundant U.S. and world supplies continue to depress the wheat market

By Jade Markus April 27, 2017

ICE Futures Canada canola strengthened on the week, as wet weather in Western Canada continues to put last year’s harvest on hiatus. Fresh data from Statistics Canada painted a picture of this summer’s seeding, adding an element of spreading into the market. In the week ending Friday, April 21, canola gained more than C$20 per

Daily Network News

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U.S. livestock: Cattle futures end week higher on tight supply

Pea, lentil outlooks have some positive signals – Penner

Grain Markets

Prairie wheat bids rise, shrug off bearish currency

Seeding pressures run up against low canola stocks

Prairie CWRS bids tick higher with U.S. futures

U.S. soybean futures drag ICE canola contracts lower

Western Canadian wheat bids trend lower

Western wheat bids chop up and down

Bullish stocks data from StatsCan lifts canola

Prairie wheat bids rise with action in U.S. futures

CWRS bids rise along with weaker Canadian dollar

StatsCan canola and soybean estimates surprise traders

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