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Crops, Markets

Durum wheat prices expected to decline: analyst

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Klassen estimated that six million acres of durum wheat were seeded this year across Canada with expected production at approximately 7.5 million tonnes. In Agriculture and Agri-Food Canada’s (AAFC) monthly principal field crops outlook released on June 20, the agency estimated 6.343 million acres with production at 5.655 million tonnes. Statistics Canada (StatCan) will release their latest acreage estimates on June 27.
CPRS, CWRS bids down
Grain Markets, Markets

CPRS, CWRS bids down

Average prices ranged from about $227 per tonne to as high as C$247 a tonne

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Western Canadian wheat bids were down during the week ended April 18, with losses across the board in both hard red spring wheat and Prairie spring wheat. Average Canadian Western Red Spring (13.5 per cent CWRS) wheat prices were down by about $3 per tonne at most locations, with only eastern Manitoba seeing a decline
Canada Prairie Spring Red wheat bids were stronger, increasing by around $3-$5 per tonne.
Grain Markets, Markets

Western Canadian wheat bids make gains in most locations

Minneapolis, Kansas City and Chicago March wheat futures all rose on the week

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Wheat bids in Western Canada were largely up for the week ended Jan. 25, supported by gains in most of the U.S. futures markets, as the Canadian dollar was steady on the week. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up $1-$5, except in eastern Manitoba where prices were
Average durum prices were up, with bids ranging anywhere from $212 in southwestern Saskatchewan to $224 in western Manitoba.
Grain Markets, Markets

Prairies’ wheats rise with weaker loonie

Minneapolis, Chicago and Kansas City December wheat futures all fell on the week

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Wheat bids in Western Canada were up for the week ended Nov. 16, as a weaker Canadian dollar supported prices. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by as much as $3 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price
Prairie spring wheat bids see slight change
Grain Markets, Markets, Other

Prairie spring wheat bids see slight change

A slow harvest isn’t making a big impact on the markets

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Wheat bids in Western Canada were mixed for the week ended Oct. 19 with only small changes, as the stalled harvest across the Prairies was able to start up again following weeks of cold and wet weather. Average Canada Western Red Spring (13.5 per cent CWRS) wheat prices were up slightly, rising by less than
Canadian spring wheat prices up with U.S. futures
Grain Markets, Markets

Canadian spring wheat prices up with U.S. futures

Wheat traders are also keeping an eye on Australia and Russia

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Hard red spring wheat bids in Western Canada posted solid gains during the week ended Oct. 5, as gains in U.S. futures and concerns over harvest delays in parts of the Prairies provided support. Production issues in Australia and reports that Russia may be curtailing wheat exports were also supportive for North American wheat prices
Combine harvester cutting crops in barley field during harvest under dramatic cloudy sky
Grain Markets, Markets

Hard red wheat bids rise in Western Canada

Rising U.S. wheat futures values have helped offset strength in the Canadian dollar

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Hard red spring wheat bids in Western Canada posted solid gains during the week ended Sept. 21, as advances in U.S. futures provided support and countered the bearish influence of the rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $4-$7 per tonne over the course
Canada Prairie Spring Red wheat bids ended stronger on the week.
Grain Markets, Markets

Spring wheat bids rise off of nearby lows

September U.S. wheat futures climb by 14 to 24.5 U.S. cents on the week

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Hard red spring wheat bids in Western Canada moved higher in most locations during the week ended July 6, taking some direction from a rally in U.S. futures as prices corrected off of nearby lows. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $9 per tonne in northwestern Saskatchewan
Futures drop, loonie rises, spring wheat bids down
Grain Markets, Markets

Futures drop, loonie rises, spring wheat bids down

Improved seeding conditions for spring wheat are also bearish for cash wheat values

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Hard red spring wheat bids in Western Canada moved lower during the week ended May 11 as a rally in the Canadian dollar and losses in U.S. futures weighed on values. Forecasts calling for improving moisture conditions in U.S. winter wheat-growing regions accounted for some of the selling pressure, while better spring wheat seeding conditions
Wheat bids follow lead of U.S. futures
Grain Markets, Markets

Wheat bids follow lead of U.S. futures

Kansas City March HRW wheat rose 20.25 U.S. cents per bushel on the week

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Wheat bids in Western Canada followed the lead of U.S. futures markets for the week ended Feb. 2, with some dropping while others increased. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices in Western Canada fell $4-$7, according to price quotes from a cross-section of delivery points

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