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Weak loonie drives Prairie wheat bids upward
Grain Markets, Markets

Weak loonie drives Prairie wheat bids upward

Average CWRS prices were up $3 per tonne on the week, while CPSR bids rose $13-$15

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Most wheat bids in Western Canada rose for the week ended April 27, taking strength from a lower Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices rose by $3 per tonne across most of the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by PDQ
U.S. futures fall, dragging on Prairie wheat bids
Grain Markets, Markets

U.S. futures fall, dragging on Prairie wheat bids

MGEX, CBOT and K.C. wheat slip by two to three per cent on the week

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Wheat bids in Western Canada declined for the week ended April 20, following the lead of U.S. futures markets. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices fell by $7-$11 per tonne across most of the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by PDQ (Price
Canola up on weaker loonie, increased export chatter
Grain Markets, Markets

Canola up on weaker loonie, increased export chatter

StatsCan estimates and labour issues at CP loom large

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ICE Futures Canada canola contracts posted solid gains over the week ended April 20, correcting off of nearby lows despite a softer tone in Chicago soybeans and soyoil. Weakness in the Canadian dollar, which lost about a cent relative to its U.S. counterpart, accounted for some of the strength in the futures. However, crush margins
Prairie wheat bids mixed, watching U.S. futures markets
Grain Markets, Markets

Prairie wheat bids mixed, watching U.S. futures markets

MGEX and CBOT May wheat futures were up on the week, while K.C. May wheat fell

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Wheat bids in Western Canada were mixed for the week ended April 13, following U.S. futures markets, which were also mixed. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose by $1-$5 per tonne across most of the Prairie provinces, according to price quotes from a cross-section of delivery points compiled
Prairie wheat bids follow U.S. wheat futures higher
Grain Markets, Markets

Prairie wheat bids follow U.S. wheat futures higher

MGEX, CBOT and K.C. May wheat all rose at least four per cent on the week

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Wheat bids in Western Canada rose for the week ended April 6, following the lead of U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose by $13-$16 per tonne across the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data
China’s planned soy tariffs may support canola, for now
Grain Markets, Markets

China’s planned soy tariffs may support canola, for now

Winter’s persistence also underpins grains and oilseeds

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Canola futures moved steadily higher over the course of the week ended April 6, with new-crop November hitting fresh contract highs and the front months reaching their best levels in more than four months. The gains in canola came despite, or possibly because of, a choppy week in the Chicago soy complex. Heightening trade tensions
Spring wheat bids drop with large U.S. acreage ideas
Grain Markets, Markets

Spring wheat bids drop with large U.S. acreage ideas

MGEX May spring wheat dropped 24.25 U.S. cents per bushel on the week

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Hard red spring wheat bids in Western Canada moved lower during the week ended March 29, as losses in Minneapolis futures weighed on values. A report from the U.S. Department of Agriculture predicting much larger spring wheat acres in the country than many analysts had expected accounted for the sell-off in the futures that spilled
Canola rises on USDA’s soybean acreage outlook
Grain Markets, Markets

Canola rises on USDA’s soybean acreage outlook

CBOT corn futures followed a track similar to soy

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ICE Futures Canada’s May canola futures posted light gains during the week ended March 29, generally hanging in a recently established range of $520-$525 per tonne. Supportive chart signals helped keep canola aloft to start the week. It was somewhat bumpy for futures, though, as the spectre of a large carry-out and expectations for a
Prairie wheat bids follow U.S. futures down
Grain Markets, Markets

Prairie wheat bids follow U.S. futures down

The loonie rising more than 1-1/3 U.S. cents on the week also pressured cash prices

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Wheat bids in Western Canada fell for the week ended March 23, taking direction from falling U.S. futures and a higher Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices fell across the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data
Prairie wheat bids rise as dollar falls
Grain Markets, Markets, Other

Prairie wheat bids rise as dollar falls

MGEX, CBOT and K.C. wheat futures values are all down on the week

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Hard red spring wheat bids in Western Canada took strength from a weaker dollar, with bids rising in price for the week ended March 16. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose across the Prairie provinces, according to price quotes from a cross-section of delivery

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