Wheat and US dollars

World weather concerns send Prairie wheat bids higher

Several key regional production estimates have been lowered

Hard red spring wheat bids in Western Canada climbed higher during the week ended July 27, as heat and dryness concerns in a number of key wheat-growing regions of the world sparked a rally in the United States futures. Production estimates out of Europe, the Black Sea region, and Australia were all seeing downward revisions,

Saskatchewan farming prices – in 2016 dollars per acre.

Risk and volatility not necessarily same

Hedging Your Bets: Current canola and farmland prices are examples of markets at risk of a sudden change

When thinking about risk, there can be a lot of different interpretations. Risk does not have to mean volatility but the two tend to work in conjunction. One way to define risk is ‘the consequence of not meeting your goals.’ One of my favourite authors on the topic of market risk and practical trading ideas


Western Canada’s wheat bids gain with U.S. futures

Western Canada’s wheat bids gain with U.S. futures

September MGEX, CBOT and K.C. wheat rose by between three and four per cent on the week

Hard red spring wheat bids in Western Canada generally moved higher in most locations during the week ended July 20, tracking gains in the U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $9 per tonne in northwestern Saskatchewan but up by $9-$11 per tonne in most

Recent sweltering temperatures could affect prices for Canadian canola as dryness concerns stretch across Manitoba and Saskatchewan.

Bargain buying of U.S. soy supports ICE canola futures

Corn relatively unchanged on U.S. biofuel policy turmoil

It was a bumpy ride for the ICE Futures Canada canola market during the week ended July 6. The aftermath of a bearish acreage report by Statistics Canada on June 29 gave way to trepidation on Friday, when Chinese tariffs on U.S. soybeans finally kicked in. Traders sold off contracts in the days leading up


Prairie wheat bids down as crop conditions improve

Prairie wheat bids down as crop conditions improve

MGEX, CBOT and K.C. September wheat futures slipped by 3.5-4.5 per cent on the week

Wheat bids in Western Canada were down with U.S. futures for the week ended June 15. Improving crop conditions across Canada and the U.S. weighed on markets. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were down $3-$6 per tonne across the Prairie provinces, according to price quotes

Better crop conditions weigh on spring wheat bids

Better crop conditions weigh on spring wheat bids

MGEX, CBOT and K.C. July wheat futures were all down from the previous week

Hard red spring wheat bids in Western Canada moved lower during the week ended June 8, as improving North American crop conditions weighed on Minneapolis spring wheat futures. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $3-$7 per tonne across the Prairie provinces, according to


Rain across Prairies, fund liquidation drag on canola

Rain across Prairies, fund liquidation drag on canola

U.S. trade spats with other countries roil commodities

The ICE Futures Canada canola market continued to trend lower during the week ended June 8. The front-month July contract gave way to the November contract month as the dominant value, as traders roll into the new crop. November sunk below the $510-per-tonne mark and closed at $511.10, down $11.90 from June 1. Fund liquidation

field soybeans

Opinion: Funds cautious toward CBOT soybeans despite U.S.-China truce

Chicago-traded soybean futures reached three-week highs May 21 as China appears to be coming back to the U.S. market after a state-wide boycott, but speculative investors seem to be taking a cautious approach. The trade tension between the United States and China, the world’s leading buyer of soybeans, has weighed heavily on agriculture markets ever


Paved with good intentions

Paved with good intentions

Early production estimates start with seeding intentions, which may or may not materialize


When I started in the business in 1995 on the floor of the Winnipeg Commodity Exchange, being the rookie, I remember running to get the StatsCan reports from the government office on the day of a big release. Even back then, I thought it was counterproductive to worry too much about those reports. After the

Wheat and US dollars

Prairie wheat bids follow U.S. futures upward

MGEX, CBOT and K.C. July wheat rose by between two and five per cent on the week

Wheat bids in Western Canada rose for the week ended May 25, taking support from rising U.S. futures and a weaker Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up $7-$17 per tonne across the Prairie provinces, according to price quotes from a cross-section