ICE January 2021 canola (candlesticks) with 20-day moving average (yellow line) and CBOT January 2021 soyoil (blue line). (Barchart)

ICE weekly outlook: Canola stronger at midweek

MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $578.90 per tonne, gaining a few dollars after losing $7 in the prior day’s trade. Keith Ferley of RBC Dominion Securities in Winnipeg said canola’s losses were due to chart



(Thinkstock photo)

Prairie cash wheat: Bids mostly lower

MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Thursday, with losses observed in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats. Canada Western Amber Durum (CWAD) wheat was steady to higher. Average CWRS (13.5 per cent protein) wheat prices were down $2-$4 per tonne, according to




(Thinkstock photo)

Prairie cash wheat: Bids mixed

Durum steady to lower

MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Friday, with gains observed in Canada Western Red Spring (CWRS) wheat and losses in Canada Prairie Spring Red (CPSR). Canada Western Amber Durum (CWAD), meanwhile, was steady to lower. Average CWRS (13.5 per cent) wheat prices were up by $2-$7 per tonne,



(Country Guide file photo)

Prairie cash wheat: Prices up on sharp rises in U.S. wheat

MarketsFarm — Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats for the week ended Thursday. Support came from double-digit increases in Chicago, Minneapolis and Kansas City wheat futures. Meanwhile, the Canadian dollar was relatively steady. Average CWRS (13.5


CME January 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Klassen: Feeder market digests rising COVID-19 cases

Compared to last week, western Canadian yearling prices were relatively unchanged while calves traded steady to $2 lower on average. The grain harvest is in its final stages and buying interest was noted from the farmer/backgrounding operator. The buying frenzy over yearlings has eased and finishing feedlots were active on all weight categories. Feather-light calves

MGEX December 2020 wheat (candlesticks) with 20- and 100-day moving averages, plus K.C. December 2020 wheat (blue line). (Barchart)

Prairie cash wheat: Bids mostly stronger

MarketsFarm — Wheat bids in Western Canada were mostly higher during the week ended Friday, with a mostly firmer tone in U.S. futures countered by strength in the Canadian dollar. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up by as much as $5 per tonne, although Manitoba bids edged