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(Alkestida/iStock/Getty Images)
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.
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Crops, Markets

Prairie cash wheat: durum soars as red spring falls back

Steep increases following Russian attacks on Ukrainian ports were gone by mid-week

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MarketsFarm – There were sharp increases in durum across Western Canada for the week ended July 27, while spring wheat incurred small to moderate declines. There were gains in Minneapolis spring wheat, while Kansas City and Chicago winter wheat contracts slipped back. At the beginning of the week there were steep increases for wheat as
Prairie wheat bids dragged down by rallying loonie
Grain Markets, Markets

Prairie wheat bids dragged down by rallying loonie

Minneapolis and Kansas City March wheat futures were both down on the week

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Wheat bids in Western Canada were mostly weaker for the week ended Jan. 11, as a stronger Canadian dollar weighed on prices. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down, falling $3-$4 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and
Prairie wheat bids down with U.S. futures
Grain Markets, Markets

Prairie wheat bids down with U.S. futures

MGEX, CBOT and K.C. wheat futures declined between three and six per cent on the week

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Wheat bids in Western Canada fell for the week ended June 1, following the lead of U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $12-$16 per tonne across the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by
Weak loonie drives Prairie wheat bids upward
Grain Markets, Markets

Weak loonie drives Prairie wheat bids upward

Average CWRS prices were up $3 per tonne on the week, while CPSR bids rose $13-$15

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Most wheat bids in Western Canada rose for the week ended April 27, taking strength from a lower Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices rose by $3 per tonne across most of the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by PDQ
The Canada 150 emblem in a durum field. (Agr.gc.ca)
Crops, Markets

Steady to lower durum market expected

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CNS Canada — Larger-than-expected production, a seasonal slowdown in demand and looming Italian country-of-origin-labeling regulations all loom over the Canadian durum market, with steady to lower prices anticipated over the next few months. Italian COOL regulations are set to come into effect in mid-February and require pasta makers in the country to segregate foreign durum,
Wheat bids fall along with U.S. futures
Grain Markets, Markets

Wheat bids fall along with U.S. futures

While the futures fell, many locations saw a rising basis

By
Hard red spring wheat bids in Western Canada fell slightly for the week ending Nov. 17, following decreases in the United States markets. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices were down $3 to $5 per tonne across the Prairie provinces, according to price quotes from
Prairie wheat bids rise, tracking U.S. futures
Grain Markets, Markets

Prairie wheat bids rise, tracking U.S. futures

Cash durum and CPSR wheat prices in the West held steady on the week

By ,
Hard red spring wheat bids in Western Canada were slightly stronger during the week ended April 14 as advances in U.S. futures pointed the way higher. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were mostly higher, rising by $1 to as much as $9 per tonne across the Prairie provinces,

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