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(Country Guide file photo)
Crops, Markets

Prairie cash wheat: Loonie, U.S. prices trigger steep declines

U.S. wheat futures well down on week

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MarketsFarm — Wheat bids in Western Canada were significantly lower for the week ended Thursday. Those includes double-digit losses for Canada Western Red Spring (CWRS) wheat and Canada Prairie Spring Red (CPSR). Losses in Canada Western Amber Durum (CWAD) were relatively smaller. Pressure came from sharp losses in U.S. markets and equally sharp gains in
Prairie cash wheat: Bids broadly lower
Crops, Markets

Prairie cash wheat: Bids broadly lower

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MarketsFarm — Wheat bids in Western Canada were broadly lower during the week ended Thursday, with double-digit losses observed in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats. Canada Western Amber Durum (CWAD) had moderate declines. Average CWRS (13.5 per cent protein) wheat prices were down $7-$11 per tonne, according to
(File photo by Lorraine Stevenson)
Crops

Producer deliveries spike in June

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MarketsFarm — Grain deliveries in Canada increased 48.5 per cent from May to June, according to Statistics Canada in a report released today. The report, Producer Deliveries of Major Grains, showed more than 5.16 million tonnes of all grains were delivered by producers in June, compared to the approximately 3.54 million tonnes in May. It’s
(Country Guide file photo)
Crops, Markets

Prairie cash wheat: Bids mixed

MGEX, K.C. wheats down on week

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MarketsFarm — Spring wheat bids in Western Canada were mixed during the week ended Thursday, as the Minneapolis futures bounced around within a 15-cent per bushel range. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3 to up by $2 per tonne, according to price quotes from a
South West Terminal’s Antelope facility, about 45 km southwest of Swift Current, Sask., last month set the record for the largest grain train loaded and launched on the Prairies from a single point of origin, with this 224-car train of durum wheat. (SWT.ca)
Crops

Solid grain exports continue through Thunder Bay

June's handle includes record-large CP grain train

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MarketsFarm — Grain shipments through the Port of Thunder Bay continue to run at a strong pace, with season-to-date volumes of 3.2 million tonnes, up 35 per cent from the five-year average, according to an update from the port. A total of 866,066 tonnes of grain were shipped through the port, located on the northern
(Dave Bedard photo)
Crops, Markets, Weather

Attention turns to yield potential after StatsCan report

Future tweaks to acreage numbers seen as unlikely to sway markets

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MarketsFarm — Updated acreage estimates from Statistics Canada came largely within market expectations, with the focus now shifting to growing conditions and yield potential. The survey was completed in early June “and may not have captured all of the seeding delays and potential shifts that may have happened in central/northern Alberta and northwestern Saskatchewan because

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