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Hard red spring wheat bids correct lower
Markets

Hard red spring wheat bids correct lower

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Hard red spring wheat bids in Western Canada ran into some technical resistance during the week ended July 7, as the rally that had sustained a meteoric rise in wheat country subsided on ideas the gains were overdone. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by $17-$22 per
Crops, Markets, Weather

Weather woes buoy U.S. wheat futures

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CNS Canada — Wheat futures in the U.S. kicked off the week on a high note, following a weekend of adverse weather in key growing regions. That may provide a short-lived boost to cash prices in Canada, though the market has its own weather watch. Chicago Board of Trade wheat futures on Monday advanced close
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Crops, Markets

Weaker loonie underpins Prairie wheat bids

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CNS Canada — Cash spring wheat and durum bids in Western Canada moved higher during the week ended Monday, as weakness in the Canadian dollar helped underpin basis levels. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up $1-$5 per tonne compared to the previous week. Average prices ranged from
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Crops, Markets

Prairie wheat bids tick downward

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CNS Canada –– Spring wheat cash bids across Western Canada recorded minor losses during the week ended Friday. The declines were traced to weakness in U.S. futures and some minor strengthening in the Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down $3 per tonne, according to price
(Country Guide file photo)
Cereals, Crops, Markets

Prairie wheat bids soften with U.S. futures

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CNS Canada — Spring wheat cash bids across Western Canada softened during the week ended Friday, as a downturn in U.S. futures put pressure on prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by roughly $5 per tonne, according to price quotes from a cross-section of delivery points
(Country Guide file photo)
Crops, Markets

Prairie wheat bids tick down slightly

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CNS Canada — Cash spring wheat bids across Western Canada softened slightly during the week ended Friday, as gains in the Canadian dollar put pressure on values. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down 50 cents to $1, with the exception of southern Alberta where they were up
(Country Guide file photo)
Cereals, Crops, Markets

Prairie spring wheat bids rise with dry weather

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CNS Canada — Cash spring wheat bids across Western Canada improved during the week ended Friday, with prices receiving support from dry weather conditions in Alberta and Saskatchewan. Weakness in the Canadian dollar, which fell from the US80-cent mark to the mid-77-cent range between April 29 and Friday, added to the upside. Depending on the

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