Western wheat bids chop up and down

Western wheat bids chop up and down

Average prices for CWRS wheat ran around $232 per tonne in western Manitoba

Hard red spring wheat bids in Western Canada saw volatile action during the week ended May 5, ultimately ending mixed in the face of competing influences. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by as much as $1.75 to up $2.25 per tonne across the Prairie provinces, according



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy, corn sag on technical selling

Chicago | Reuters — U.S. soybean futures hit a 1-1/2-week low on Thursday, pressured by follow-through weakness after Wednesday’s poor technical close and some farmer selling, analysts said. Corn futures sagged as forecasts called for improving weather in the U.S. Midwest, where wet conditions have stalled planting in some areas. Wheat futures were modestly higher.


(Dave Clark photo courtesy ARS/USDA)

U.S. grains: Corn up on USDA world stocks view

Chicago | Reuters — U.S. corn futures rose about two per cent on Wednesday after the U.S. Department of Agriculture’s forecast for global inventories at the end of the 2017-18 marketing year fell below trade expectations. Soybean futures hit a six-week high after the USDA’s reports were released, buoyed by the government’s forecast for a

(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy up ahead of USDA data

Chicago | Reuters — U.S. soybean futures climbed nearly one per cent on Tuesday, halting a three-session slide, as traders adjusted positions a day ahead of a U.S. government crop report and as excessively wet weather in the Midwest raised concerns, analysts said. Corn futures closed modestly higher while wheat fell, pressured by a stronger



wheat heads

Prairie wheat bids rise with action in U.S. futures

Kansas City July wheat climbed 20 U.S. cents from the previous week

Hard red spring wheat bids in Western Canada posted solid gains during the week ended April 28, taking strength from action in U.S. markets. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by $10 to $13 per tonne across the Prairie provinces, according to price quotes from a cross-section


A wheat crop in progress on May 24, 2016 north of London, Ont. (Ralph Pearce photo)

U.S. grains: Wheat, corn bounce on short-covering

Chicago | Reuters — U.S. wheat futures rose on Friday, supported by lingering concerns about crop damage in the U.S. Plains following a snow storm at the weekend. Short-covering also contributed to the wheat gains as traders covered bearish bets following a sell-off on Thursday. Corn futures also rose, with traders noting short-covering as a