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Dried Ear of Cereal crop in studio isolated against white background.
Grain Markets, Markets

Prairie wheat bids march higher

As weather concerns continue to mount, prices head upwards

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Hard red spring wheat bids in Western Canada continued their climb upwards for the week ended Aug. 2. Heat and dryness concerns throughout Europe, the Black Sea region, and Australia continued to drive the United States futures markets higher during the week. Average Canada Western Red Spring (13.5 per cent CWRS) wheat prices were up
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Cereals, Markets

Wheat futures climbing higher

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CNS Canada – North American wheat prices have rallied sharply over the past few weeks and could have more room to go, especially for higher quality and higher protein wheat. After trending lower for most of June and into early July, the Minneapolis December spring wheat contract settled at US$6.2275 per bushel on July 31,
Western Canada’s wheat bids gain with U.S. futures
Grain Markets, Markets

Western Canada’s wheat bids gain with U.S. futures

September MGEX, CBOT and K.C. wheat rose by between three and four per cent on the week

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Hard red spring wheat bids in Western Canada generally moved higher in most locations during the week ended July 20, tracking gains in the U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $9 per tonne in northwestern Saskatchewan but up by $9-$11 per tonne in most
Expect supply outlook to keep canola futures well tethered
Grain Markets, Markets

Expect supply outlook to keep canola futures well tethered

A federal forecast predicts more canola exports in 2018-19

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ICE Futures Canada canola contracts moved higher for most of the week ended July 20, before running into resistance and ending with a softer tone on Friday. A recovery in the Chicago soy complex provided some underlying support for the Canadian oilseed, but canola remains expensive from a chart perspective. World trade continues to keep
Canada Prairie Spring Red wheat bids ended stronger on the week.
Grain Markets, Markets

Spring wheat bids rise off of nearby lows

September U.S. wheat futures climb by 14 to 24.5 U.S. cents on the week

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Hard red spring wheat bids in Western Canada moved higher in most locations during the week ended July 6, taking some direction from a rally in U.S. futures as prices corrected off of nearby lows. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $9 per tonne in northwestern Saskatchewan
Recent sweltering temperatures could affect prices for Canadian canola as dryness concerns stretch across Manitoba and Saskatchewan.
Grain Markets, Markets

Bargain buying of U.S. soy supports ICE canola futures

Corn relatively unchanged on U.S. biofuel policy turmoil

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It was a bumpy ride for the ICE Futures Canada canola market during the week ended July 6. The aftermath of a bearish acreage report by Statistics Canada on June 29 gave way to trepidation on Friday, when Chinese tariffs on U.S. soybeans finally kicked in. Traders sold off contracts in the days leading up
Canada Prairie Spring Red wheat bids fell anywhere from $8 to $10 per tonne on the week.
Grain Markets, Markets

Prairie wheat bids down with U.S. futures

MGEX September wheat futures dropped by more than four per cent on the week

By
Wheat bids in Western Can­ada were down for another week, as trade tensions continued to weigh on U.S. futures markets. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $6 to $13 per tonne across the Prairie provinces, according to price quotes from a cross-section
five steel grain bins sitting in canola field.
Grain Markets, Markets

Canola trading kept choppy as agencies estimate acres

Markets will watch where soybeans go as tariffs kick in

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ICE Futures Canada canola contracts held within a rather narrow range during the week ended June 29, with only the nearby July contract seeing some wide price swings as traders exited the front month before its expiry. Aside from the month-end spread trade, positioning ahead of a number of key reports kept activity on the
Prairie wheat bids down as crop conditions improve
Grain Markets, Markets

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

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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
Better crop conditions weigh on spring wheat bids
Grain Markets, Markets

Better crop conditions weigh on spring wheat bids

MGEX, CBOT and K.C. July wheat futures were all down from the previous week

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Hard red spring wheat bids in Western Canada moved lower during the week ended June 8, as improving North American crop conditions weighed on Minneapolis spring wheat futures. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $3-$7 per tonne across the Prairie provinces, according to

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