Wheat bids rise across Western Canada

Wheat bids rise across Western Canada

U.S. futures rose, pulling Canadian prices right along with them

Hard red spring wheat bids in Western Canada rose for the week ending Nov. 9, following increases in the United States markets. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices were up C$8 to C$9 per tonne across the Prairie provinces, according to price quotes from a


Hard red spring wheat bids firm on Prairies

Hard red spring wheat bids firm on Prairies

Basis levels varied a bit, but in general remained steady within an established range

Hard red spring wheat bids in Western Canada rose for the week ending Nov. 3, tracking action in the U.S. futures. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices were up C$3 to C$5 per tonne across the Prairie provinces, according to price quotes from a cross-section

Fence and canola crop

An up-and-down week for canola prices

Prices hit highs not seen since summer but fell back by the end of the week

ICE Futures Canada canola futures touched some of their best levels since July during the week ended November 3, but ran into resistance at the highs and were right back where they started by Friday’s close. The January contract hit a session high of $522.50 per tonne on November 2, but was back below the


Wheat bids rise across Prairies as loonie dips

Wheat bids rise across Prairies as loonie dips

December spring wheat was up 5.75 U.S. cents on the week in Minneapolis

Hard red spring wheat bids in Western Canada rose for the week ending Oct. 27. A drop in the Canadian dollar and gains in Minneapolis futures propped up prices. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up $11-$13 per tonne across the Prairie provinces, according to

Concept of making money agriculture

Wheat bids mixed across Western Canada

A lower loonie added support where Minneapolis wheat futures weakened

Hard red spring wheat bids in Western Canada were mixed for the week ending Oct. 20 with slight gains in some areas and slight declines in others, as losses in Minneapolis futures were countered by a drop in the Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent) wheat


Canola draws strength from U.S. biofuel policy moves

Canola draws strength from U.S. biofuel policy moves

Slim supplies of high-protein wheat held up MGEX futures

Canola futures knocked at upper resistance repeatedly over the week ended Oct. 20, but held rangebound for the most part before finally breaking higher on Thursday and Friday. Gains in Chicago soyoil provided the spark for the eventual move higher in the Canadian market, as veg oil markets reacted to news the U.S. Environmental Protection

Canadian dollar pressures Prairie wheat bids

Canadian dollar pressures Prairie wheat bids

The loonie rose roughly half a cent over the course of the week

Hard red spring wheat bids in Western Canada dipped during the week ended Oct. 13, as the Canadian dollar rose due to higher oil prices. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down as much as $3-$4 per tonne across the Prairie provinces, according to


Blooming rapeseed field at sunset

Fundamentals, uncertainty hold canola rangebound

USDA’s soybean yield outlook was briefly helpful

The ICE Futures Canada canola market enjoyed a slight bump during the week ended Oct. 12, as a bullish U.S. Department of Agriculture report lifted the tide for all oilseeds. However, canola futures will likely need more bullish news if they hope to shake free of their recently established range of $490-$500 per tonne. USDA

Weaker loonie supports wheat bids on Prairies

Weaker loonie supports wheat bids on Prairies

The Canadian dollar dropped roughly half a cent over the course of the week

Hard red spring wheat bids in Western Canada rose during the week which ended Oct. 6, as weakness in the Canadian dollar drove up prices. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up as much as $7 per tonne across the Prairie provinces, according to