GFM Network News


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

Average (CWRS) prices ranged from about $229 per tonne in western Manitoba to as high as $250 in southern Alberta.

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


Average (CWRS) prices ranged from about $228 per tonne in western Manitoba to as high as $247 per tonne in Alberta.

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

Prairie CWRS bids drop with Minneapolis futures

Also, the Canadian dollar climbed roughly a quarter-cent on the week

Western Canadian wheat bids posted losses across much of the region during the week ended March 29, with weakness in the Minneapolis futures and gains in the Canadian dollar behind the price activity. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were steady to down by nearly $10 per tonne, according to

Average (CWRS) prices ranged from about $244 per tonne in western Manitoba to as high as $268 per tonne in southern Alberta.

Wheat bids up across Prairies, except Manitoba

Minneapolis, Chicago and Kansas City May wheat futures all rose on the week

Wheat bids in Western Canada were strong for the week ended March 22, with gains observed everywhere except Manitoba. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mostly up $4-$7 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). Prices


Cheaper wheat export prices out of the Black Sea have been increasingly sidelining competitors.

Market bears continue to nibble on wheat as large crops loom

It’s going to take something significant to spark a meaningful price rally at this point

Wheat traders breathed a sigh of relief in early March as Chicago futures rose, possibly signalling that the market is at least temporarily satisfied with recent contract lows. Speculators have piled into the short side of the wheat market in recent weeks, likely limiting further price falls. But bigger global crops on tap for 2019

Kansas City hard red winter wheat futures were up 12.25 U.S. cents compared to the previous week.

CWRS, CPSR wheat bids on the rise

Minneapolis, Kansas City and Chicago May wheat values climbed higher on the week

Wheat bids in Western Canada were strong for the week ended March 15, with gains observed across the board. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up $1 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). Average prices