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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
Prairie wheat bids up with U.S. futures, dollar changes little
Grain Markets, Markets

Prairie wheat bids up with U.S. futures, dollar changes little

Minneapolis and Kansas City March wheat are up while CBOT wheat slips on the week

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Wheat bids in Western Canada were mostly down for the week ended Jan. 18, supported by gains in most U.S. futures markets as the Canadian dollar was virtually unchanged for the week. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up $2-$3, according to price quotes from a cross-section of delivery
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
CBOT soy futures, currency, weak demand pile on canola
Grain Markets, Markets

CBOT soy futures, currency, weak demand pile on canola

A lack of USDA reports adds an ongoing air of uncertainty

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Canola contracts on the ICE Futures platform moved lower during the week ended Jan. 11, nearing major chart support as a number of factors conspired against the commodity. Losses in the Chicago Board of Trade soy complex were a major bearish influence on canola, as uncertainty over Chinese demand and looming South American crops weighed
Higher interest rates and a slowing economy will likely see consumers with fewer dollars to spend in 2019.
Livestock Markets, Markets

Consumers won’t want for meat supplies this year

‘Exceptional’ demand in 2018 supported fed cattle prices

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Manitoba’s cattle auction yards remained quiet over the week ended Jan. 4, with activity set to start back up at most locations during the first full week of the month. Live cattle futures in Chicago ended 2018 at some of their highest levels of the past year, but subsequently spent the first days of 2019
The U.S. government shutdown had markets mostly quiet over the holiday season.
Grain Markets, Markets

Canadian dollar’s holiday rally lifts ICE canola futures

A lack of USDA data leaves traders ‘buying the rumour’

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The ICE canola futures market spent the holiday season like it usually does, paying attention to goings-on south of the border. However, near the end of the two-week holiday period, canola broke out on its own due to a rally in the Canadian dollar. The holidays were kicked off by a partial U.S. government shutdown,
Close-up finger pointing on stock exchange chart
Grain Markets, Markets

Human-made chaos disrupted market patterns this year

Trade disputes have added a new layer of unpredictability

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A year ago, in an attempt to outsource the first column of 2018, written to meet a pre-Christmas deadline, I turned to computer algorithms for insight. The results were poetic, but largely indecipherable. The point then was that as much as technology can provide benefits, it still takes human knowledge to make sense of the
Wheat and U.S. dollars
Grain Markets, Markets

Western Canadian wheat bids up with U.S. futures

MGEX and K.C. March wheats climbed while CBOT March wheat slipped on the week

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Wheat bids in Western Canada were mostly up for the week ended Dec. 14 on strength in U.S. futures and a weaker Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mostly up $2-$7, except in eastern Manitoba where they were down $1, according to price quotes from a
Average durum prices were up, with bids ranging anywhere from $214 in northwestern Saskatchewan to $228 in western Manitoba.
Grain Markets, Markets

Western Canadian wheat bids rise with U.S. futures

March wheat futures climbed by about one to three per cent on the week

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Wheat bids in Western Canada were up for the week ended Dec. 7, as strength in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up $5-$7, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). Average prices ranged

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