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

(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat jumps on global crop worries

Chicago | Reuters — U.S. wheat futures climbed for a second straight day on Thursday on bargain buying following the market’s recent drop and on a weather-reduced wheat crop in Russia, the world’s top exporter. Corn followed wheat higher, underpinned by concerns that heavy rains and flooding in parts of the U.S. Midwest could drag