Canadian wheat bids rise, but upside limited

Canadian wheat bids rise, but upside limited

Weekend rains led to a sharp sell-off Monday morning, and those losses should spill into the Canadian cash market

Hard red spring wheat bids in Western Canada posted small gains during the week ended July 21, as persistent weather concerns in the U.S. Spring Wheat Belt provided support. However, rains in the dry area over the weekend (July 22-23) could temper additional advances. Depending on the location, average Canada Western Red Spring (CWRS) wheat







(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans, corn firm on weather view

Chicago | Reuters — Chicago Board of Trade soybean futures rallied 1.4 per cent on Friday on hotter and drier forecasts for important growing areas of the U.S. Midwest, traders said. Concerns about the forecast also supported corn futures but the market closed off session highs as profit-taking weighed on prices after their run-up to


U.S. drought keeps Prairie wheat bids climbing

U.S. drought keeps Prairie wheat bids climbing

Wheat futures rallied on conditions in Montana and North Dakota

Hard red spring wheat bids in Western Canada continued to rise with the rallying U.S. futures during the week ended June 30, as drought conditions in North Dakota and Montana worsened. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up $33 to $37 per tonne across the Prairie provinces, according