Prairie CWRS bids tick higher with U.S. futures

Prairie CWRS bids tick higher with U.S. futures

Cash CPSR values turned downward on the week, as did Kansas City wheat futures

Hard red spring wheat bids in Western Canada ticked higher during the week ended May 19, propped up by supportive action in U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by as much as $1 in the Prairie provinces, according to price quotes from a cross-section of



Prices remain firm as buyers seek grass cattle

Prices remain firm as buyers seek grass cattle

Beef demand is seen steady leading up to Father’s Day

Prices for cattle at Manitoba auction yards stayed relatively firm amid declining volumes. Around 4,600 animals made their way through the rings during the week ended May 19, down from 7,500 the week before. There was some softening on heavier-weight steers, while lower-weight animals held their own and ticked higher in a few cases. “The

Western Canadian wheat bids trend lower

Western Canadian wheat bids trend lower

Cash wheat values on the Prairies followed U.S. futures downward

Hard red spring wheat bids in Western Canada were lower during the week ended May 12, weighed down by action in U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by $1.20 to as much as $3.50 in the Prairie provinces, according to price quotes from a cross-section


Cattle markets descend into correction mode from rally

Cattle markets descend into correction mode from rally

Beef demand is expected to slip after Father’s Day

The spring cattle rally may be finally coming to an end. Bids for most classes at stockyards across the province were the same or even slightly lower in some cases during the week ended May 12. Heavier-weight animals were steady to lower, with heifers (800-900 lbs.) down $3-$5. Steers (400-500 lbs.) were also down roughly

wheat heads

Prairie wheat bids rise with action in U.S. futures

Kansas City July wheat climbed 20 U.S. cents from the previous week

Hard red spring wheat bids in Western Canada posted solid gains during the week ended April 28, taking strength from action in U.S. markets. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by $10 to $13 per tonne across the Prairie provinces, according to price quotes from a cross-section


Cattle destined for grass going to auction instead

Cattle destined for grass going to auction instead

Strong demand and rising futures boost sale prices

Prices for cattle at auction marts across Manitoba were sharply higher on the week, leading to an influx of cattle, touching “unheard of” levels in some areas, according to one local auctioneer. “Quite often, by the time we’re at the end of April we’re getting into those 400-, 500-head sales,” said Allan Munroe of Killarney

Canadian dollar – monthly average 1971-2016.

Separating your commodity and currency decisions

Currency fluctuations can be almost as significant as changing prices for your farm products

Since we live in Canada, while almost all commodities are traded around the world in U.S. dollars, the Canadian dollar/U.S. dollar exchange rate will have an impact on your farm revenues. And since it directly or indirectly affects almost 100 per cent of your revenues, the Canadian dollar/U.S. dollar exchange rate can and should be


CWRS bids rise along with weaker Canadian dollar

CWRS bids rise along with weaker Canadian dollar

Basis levels across Western Canada range from C$19 to C$39 below the futures

Hard red spring wheat bids in Western Canada moved higher during the week ended April 21, as sharp weakness in the Canadian dollar made up for the softer tone in the Minneapolis spring wheat futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by C$2 to C$4 per tonne

Stronger futures and weaker dollar boost cattle prices

Stronger futures and weaker dollar boost cattle prices

Feeders benefit from abundant feed supplies and 
fallout from the Brazilian beef scandal

The numbers moving through Manitoba’s cattle auction yards may be slowing down for the season, as attention turns to spring field work and other priorities, but prices for the cattle still finding their way to the rings continue to strengthen. U.S. feeder cattle futures are at their highest levels of the past year, while the