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Tag Archives K.C. wheat

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Crops, Markets

Prairie cash wheat: Bids book week of losses

U.S. wheat futures down on week

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MarketsFarm — Western Canadian wheat bids took a tumble with durum prices having the largest losses during the week ended Oct. 26. U.S. wheat futures were pressured throughout the week as rains fell on winter wheat-growing areas in the country, as well as in Argentina, Ukraine and Australia. Export sales for U.S. wheat were lower
(Dave Bedard photo)
Crops, Markets

Managed money adding to net short positions in canola

Canola at biggest net short position in months

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MarketsFarm — Managed money fund traders remain bearish canola, growing the net short position in the ICE Futures market to the second largest level of the past year, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Oct. 17, the net managed money short position in
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Crops, Markets

Prairie cash wheat: Spring wheat bids rise with U.S. futures

Weaker loonie also offers support

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MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, as gains in U.S. futures and weakness in the Canadian dollar provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $5-$10.20 per tonne across the Prairies, according to price quotes from
(File photo by Dave Bedard)
Crops, Markets

Fund short position grows in canola

Funds shift to net short in CBOT soybeans

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MarketsFarm — The managed money net short position in ICE canola futures continued to grow in early October as speculators liquidated long positions and put on new shorts, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Oct. 10, the net managed-money short position in canola
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Crops, Markets

Prairie cash wheat: Most bids lower

U.S. wheat futures down on week

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MarketsFarm — Bids for Canada Western Red Spring (CWRS) wheat were lower in Manitoba, but higher in the rest of the Prairies, while those for Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheat also went down during the week ended Thursday. U.S. wheat futures declined for the week, but were supported
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Crops, Markets

Prairie cash wheat: Harvest pressure, falling U.S. futures weigh on bids

Canadian dollar up on the week

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MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday, as seasonal harvest pressure and losses in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5.30-$8 per tonne across the Prairies, according to price quotes from a cross-section of
(File photo by Dave Bedard)
Crops, Markets

Funds flip back to net short in canola

Trade remains net long in soybeans, for now

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MarketsFarm — The overall fund position in ICE Futures canola flipped from a net long to a net short during the week ended Tuesday, marking the first net short position in the commodity in just over two months, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As
(Dave Bedard photo)
Crops, Markets

Fund long position drops in canola

Net long in CBOT soybeans also down on week

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MarketsFarm — Fund traders have been busy liquidating long positions and putting on new bearish canola bets in early September. The net managed money long position in the ICE Futures market dropping sharply during the week ended Tuesday (Sept. 12), according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Spring wheat bids mixed, durum lower

StatCan raises projections for spring wheat harvest

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MarketsFarm — Bids for Western Canadian spring wheat were on both sides of unchanged while those for durum were lower for the week ended Thursday. Statistics Canada (StatCan) released its model-based principal field crop production estimates on Thursday, presenting a tightening wheat crop compared to that from 2022-23. All-wheat production was projected at 29.8 million

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