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Hard red wheat bids rise in Western Canada
Grain Markets, Markets

Hard red wheat bids rise in Western Canada

Minneapolis, Kansas City and Chicago March wheat futures all rose on the week

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Hard red spring wheat bids in Western Canada strengthened during the week ended Nov. 30, as gains in Minneapolis futures and a softer tone in the Canadian dollar helped basis levels improve. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up $1-$3 per tonne over the course of the week,
U.S.-China tariff ceasefire may support oilseed markets
Grain Markets, Markets

U.S.-China tariff ceasefire may support oilseed markets

Corn futures followed soybeans’ volatility during the week

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It was a volatile time for the ICE Futures canola market during the week ended Nov. 30, as oilseed traders anxiously awaited news from the weekend’s G20 summit in Argentina. U.S. President Donald Trump met with Chinese President Xi Jinping on Dec. 1. The two reached a trade truce where they will hold off on
CWRS prices ranged from about $250 per tonne in south-eastern Saskatchewan to as high as $271 in southern Alberta.
Grain Markets, Markets

CWRS bids hold steady in Western Canada

MGEX, CBOT and K.C. March wheat were down on the week, but so was the loonie

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Wheat bids in Western Canada were mixed for the week ended Nov. 23, with a steady tone in Canada Western Red Spring wheat as pressure from soft U.S. futures was countered by support from a weaker Canadian dollar. Average CWRS (13.5 per cent protein) wheat prices held within 50 cents of unchanged, according to price
Average durum prices were up, with bids ranging anywhere from $212 in southwestern Saskatchewan to $224 in western Manitoba.
Grain Markets, Markets

Prairies’ wheats rise with weaker loonie

Minneapolis, Chicago and Kansas City December wheat futures all fell on the week

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Wheat bids in Western Canada were up for the week ended Nov. 16, as a weaker Canadian dollar supported prices. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by as much as $3 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price
Average durum prices were up, with bids ranging anywhere from $211 in southwestern Saskatchewan to $222 in western Manitoba.
Grain Markets, Markets

Prairie wheat bids improve

U.S. futures gains drove the market on this side of the border too

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Wheat bids in Western Canada were up for the week ended Nov. 2, with gains in the United States futures supporting on values. Average Canada Western Red Spring (13.5 per cent CWRS) wheat prices were steady to $4 per tonne higher, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes).
Manitoba cattle market better than rest of Prairies
Livestock Markets, Markets

Manitoba cattle market better than rest of Prairies

Geography is working in favour of local producers, with more nearby market options

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While cattle prices are starting to soften across most of Western Canada, Manitoba is finding itself as the exception. “In Manitoba things aren’t looking too bad. They’ve got some options there, their price has almost been a premium, or some of the strongest in Western Canada,” said Brian Perillat, manager and senior analyst at Canfax.
Prairie spring wheat bids down with U.S. futures
Grain Markets, Markets

Prairie spring wheat bids down with U.S. futures

Most wheat classes moved downwards over the past week

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Wheat bids in Western Canada were down for the week ended Oct. 26 with losses in the United States futures weighing on values. Average Canada Western Red Spring (13.5 per cent CWRS) wheat prices were down $1 to $4 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price
Wet weather supportive for Manitoba’s cattle markets
Livestock Markets, Markets

Wet weather supportive for Manitoba’s cattle markets

A weaker loonie and higher pork prices haven’t hurt, either

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Wet weather is holding producers back from rushing to sell their cattle in Western Canada, according to an analyst. “Volumes are a decent size, but they’re not burdensome by any means. (They’re) maybe slowed down a little bit by the weather and guys maybe reassessing if things are going to green up. It just takes
Spring wheat bids dropped as much as $11 per tonne, depending on the location.
Grain Markets, Markets

Falling U.S. futures pull down Prairie wheat bids

Minneapolis spring wheat dropped 10 cents on the week, and K.C. winter wheat by 14

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Wheat bids in Western Canada were weaker for the week ended Sept. 28, taking direction from U.S. futures markets which finished the week lower as well. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $5-$11 per tonne, according to price quotes from a cross-section of delivery points compiled

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