Fence and canola crop

An up-and-down week for canola prices

Prices hit highs not seen since summer but fell back by the end of the week

ICE Futures Canada canola futures touched some of their best levels since July during the week ended November 3, but ran into resistance at the highs and were right back where they started by Friday’s close. The January contract hit a session high of $522.50 per tonne on November 2, but was back below the

Cows herded in to holding pen

Rising Chicago futures support Manitoba values

Availability of trucks may soon become a market issue

Cattle prices rose at Manitoba auction marts during the week ended Oct. 27, as futures prices on the Chicago Mercantile Exchange helped push up sales. “Just about every day it’s been positive (on the Chicago Mercantile Exchange) and that’s what is holding the market probably together on the feeder cattle,” said Robin Hill with Heartland


Wheat bids rise across Prairies as loonie dips

Wheat bids rise across Prairies as loonie dips

December spring wheat was up 5.75 U.S. cents on the week in Minneapolis

Hard red spring wheat bids in Western Canada rose for the week ending Oct. 27. A drop in the Canadian dollar and gains in Minneapolis futures propped up prices. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up $11-$13 per tonne across the Prairie provinces, according to

U.S. biofuel trade fight benefits canola futures

U.S. biofuel trade fight benefits canola futures

ICE Futures Canada pulls the plug on barley and wheat

ICE Futures Canada canola contracts climbed to their highest levels in more than two months during the week ended Oct. 27, as declines in the Canadian dollar and gains in U.S. soyoil provided double the support. The currency was the biggest driver, falling below 78 U.S. cents for the first time since July. The drop


Wheat bids improve in Western Canada as loonie dips

Wheat bids improve in Western Canada as loonie dips

MGEX December spring wheat was up 13.25 U.S. cents a bushel from the previous week

Hard red spring wheat bids in Western Canada moved higher during the week ended Sept. 22, as gains in Minneapolis futures and weakness in the Canadian dollar provided support. Depending on the location, average Canada Western Red Spring (CWRS) 13.5 per cent wheat prices were up by $2 to $3 per tonne across the Prairie

Prairie wheat bids continue on trek downward

Prairie wheat bids continue on trek downward

MGEX December spring wheat futures dropped more than 25 U.S. cents on the week

Hard red spring wheat bids in Western Canada softened yet again during the week ended Sept. 15, as downward action in U.S. futures dragged on values. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down $5-$6 per tonne across the Prairie provinces, according to price quotes from a cross-section of


Prairie wheat bids continue downtrend

Prairie wheat bids continue downtrend

A rising loonie and falling U.S. wheat futures drag on cash wheat values

Hard red spring wheat bids in Western Canada during the week ended Aug. 18 moved lower for a fourth consecutive week as declines in U.S. futures and strength in the Canadian dollar weighed on prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by $1-$4 per tonne across the

Canadian wheat bids rise, but upside limited

Canadian wheat bids rise, but upside limited

Weekend rains led to a sharp sell-off Monday morning, and those losses should spill into the Canadian cash market

Hard red spring wheat bids in Western Canada posted small gains during the week ended July 21, as persistent weather concerns in the U.S. Spring Wheat Belt provided support. However, rains in the dry area over the weekend (July 22-23) could temper additional advances. Depending on the location, average Canada Western Red Spring (CWRS) wheat


Lower demand and falling futures drag on cattle

Lower demand and falling futures drag on cattle

Cattle auction yards around Manitoba are in full-on summer mode, with very little activity to report during the first week of July. Many yards shut down completely for a few weeks in the summer, while the Canada Day long weekend added to the holiday mode. One of the few yards still moving cattle through the

Canola traders consider stress on crops from heat

Canola traders consider stress on crops from heat

ICE Futures Canada canola futures have officially entered what one analyst calls “the silly season weather market.” Futures went through the proverbial roof the week of July 3 on concerns that a Prairie heat wave would stress the crop during its critical flowering period. The dominant November contract climbed $19.30, to hit $517.30 by that