‘There isn’t a lot of pricing available out there for old or new crop on a lot of commodities.’ – Scott Shiels. Photo: Thinkstock

Prairie Wheat Weekly: Prices mixed

Wheat complex bumps up, tariff concerns weigh on values

Western Canadian cash prices for spring wheat and amber durum were mixed during the week ended April 3. While upticks in the United States wheat complex lent support, concerns over the worldwide reciprocal tariffs announced by President Donald Trump on April 2 generated a lot of uneasiness in the markets.



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Trump tariffs would weaken loonie, then U.S. dollar

Canadian government missing in action

With Donald Trump set to become President of the United States on Jan. 20, uncertainty continues to swirl about his threat to impose a 25 per cent tariff on all goods the U.S. imports from Canada and Mexico as early as that Monday. Should Trump press ahead with his levies, the Canadian dollar would be caught up in the collateral damage.