Wheat production in the central Asia country of Kazakhstan is expected to bounce back in 2024/25 according to the United States Department of Agriculture attaché in the capital of Astana.
Tag Archives wheat markets
Kazakhstan wheat crop set to rebound in 2024/25
Prairie wheat weekly outlook: Prices for red wheat up, amber durum mixed
U.S. wheat complex also mixed; Canadian prices bolstered by dollar's drop
There were modest price increases for wheat on the Canadian Prairies during the week ended Feb. 29. However, as Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat edged up, prices for Canadian Western Amber Durum were mixed.
Argentina wheat harvest ends up 24 per cent year over year
Low prices dent economic impact
Argentine farmers have closed the 2023/24 wheat campaign with a harvest of 15.1 metric tons, slightly lower than initially hoped for but up nearly a quarter versus the drought-hit previous season, the Buenos Aires grains exchange said on Tuesday.
Prairie spring wheat bids start year on a soft note
The Canadian dollar again weakened relative to the greenback
Spring wheat bids in Western Canada moved lower during the first week of 2024, as losses in the United States futures more than countered the supportive influence of a weaker Canadian dollar.
Western Canadian wheat bids mostly lower
Wheat bids in Western Canada were mostly lower for the week ended October 24. Losses were observed in Canadian Western Red Spring Wheat (CWRS) and Canadian Red Spring (CPSR), with Canadian Western Amber Durum (CWAD) staying steady to slightly lower. Average CWRS (13.5 per cent) wheat prices were down by C$7 to C$8 per tonne,
Watch agricultural commodity markets for seasonal patterns
Taking advantage of these trends to your benefit is both an art and science
Seasonality in farm commodity prices is a commonly followed market indicator and it makes some sense. Given crops are planted in the spring, subject to weather throughout the growing season and then harvested in the fall, they follow a natural pattern throughout the calendar year. But the more important question is: can you profit from
CPRS, CWRS bids down
Average prices ranged from about $227 per tonne to as high as C$247 a tonne
Western Canadian wheat bids were down during the week ended April 18, with losses across the board in both hard red spring wheat and Prairie spring wheat. Average Canadian Western Red Spring (13.5 per cent CWRS) wheat prices were down by about $3 per tonne at most locations, with only eastern Manitoba seeing a decline
Canola falls to new lows
Bearish charts and uncertainty over the Chinese market are weighing in
ICE canola futures fell to fresh contract lows during the holiday-shortened week ended April 18, as bearish chart signals weighed on values and the trade dispute between Canada and China showed no signs of improving. Heavy spread trade during the week saw traders roll out of the May contract and into July, which now holds
Prairie CWRS bids firm as other classes edge lower
Minneapolis and Kansas City May wheat futures both rose on the week
Western Canadian wheat bids were mixed during the week ended April 12, reacting to activity in U.S. futures and a firmer Canadian dollar, with gains in hard red spring wheat and losses in Prairie spring wheat. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $1-$5 per tonne at
CWRS wheat bids down, CPSR mixed
MGEX May spring wheat futures dropped while Chicago and K.C. wheats rose on the week
Wheat bids in Western Canada were weak for the week ended April 5, with losses observed across the Prairies. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $10-$14 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). Prices were
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