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Canadian wheat bids track U.S. futures lower
Grain Markets, Markets

Canadian wheat bids track U.S. futures lower

The Canadian dollar climbed by about a quarter of a cent on the week

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Hard red spring wheat bids in Western Canada moved lower during the week ended March 9, as losses in U.S. futures and a firmer tone in the Canadian dollar weighed on values. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $1-$2 per tonne across
U.S. soybean stocks ground high-flying canola futures
Grain Markets, Markets

U.S. soybean stocks ground high-flying canola futures

A dump of snow over the Prairies also put prices in flux

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Canola contracts on the ICE Futures Canada platform soared to their highest levels in months during the week ended March 9, but ultimately fell back to earth after the U.S. Department of Agriculture hiked its estimate for U.S. ending stocks of soybeans. The agency pegged the carry-out at 555 million bushels, about 25 million bushels
Average (CWRS) prices ranged from about $238 per tonne in southeastern Saskatchewan to as high as $252 in northern Alberta.
Grain Markets, Markets

Prairie wheat bids mixed, following U.S. futures, dollar

The loonie dropped by about a cent on the week; U.S. wheat futures also fell

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Wheat bids in Western Canada were mixed for the week ended Feb. 23; some fell following the lead of U.S. futures, while others rose slightly, taking support from a lower Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada, with some
Prairie wheat bids mixed while U.S. futures rise
Grain Markets, Markets

Prairie wheat bids mixed while U.S. futures rise

Minneapolis March 2018 spring wheat rose five U.S. cents on the week

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Wheat bids in Western Canada were mixed for the week ended Feb. 15, while U.S. wheat futures rose. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some unchanged and others rising by $1-$2, according to price quotes from a cross-section of
Prairie wheat bids follow lead of most U.S. futures
Cereals, Grain Markets, Markets

Prairie wheat bids follow lead of most U.S. futures

Durum bids in northwestern Saskatchewan rose to line up with those in other regions

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Wheat bids in Western Canada rose in price for the week ended Feb. 9, for the most part following the lead of the U.S. futures markets. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose in Western Canada by $7-$9, according to price quotes from a cross-section
Wheat bids follow lead of U.S. futures
Grain Markets, Markets

Wheat bids follow lead of U.S. futures

Kansas City March HRW wheat rose 20.25 U.S. cents per bushel on the week

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Wheat bids in Western Canada followed the lead of U.S. futures markets for the week ended Feb. 2, with some dropping while others increased. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices in Western Canada fell $4-$7, according to price quotes from a cross-section of delivery points
Canola trade shrugs off increase in total stocks
Grain Markets, Markets

Canola trade shrugs off increase in total stocks

U.S. winter wheat conditions shook up wheat futures

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ICE Futures Canada canola contracts kept within their well-established sideways trading range during the week ended Feb. 2, as the market remains stuck in its own version of the Groundhog Day movie. The nearby March contract has held within a $10 range ($490-$500 per tonne) for more than a month now, looking for a reason
Wheat bids mixed across the Prairies
Grain Markets, Markets

Wheat bids mixed across the Prairies

March wheat futures at U.S. exchanges saw increases in value over the week

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Wheat bids in Western Canada were mixed across the board for the week ended Jan. 26. Some saw increases, others decreases, and some were unchanged from the previous week. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada, with some falling $1 and
Prairie wheat bids mixed along with U.S. futures
Grain Markets, Markets

Prairie wheat bids mixed along with U.S. futures

Minneapolis March spring wheat futures declined 4.25 U.S. cents on the week

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Wheat bids in Western Canada were mixed for the week ended Jan. 19, following the lead of U.S. markets where wheat futures fell in Minneapolis and rose in Kansas and Chicago. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some falling
Bearish factors outweigh bullish news in canola
Grain Markets, Markets

Bearish factors outweigh bullish news in canola

Reduced promotional funding may weigh on canola in future

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Canola futures hit some of their lowest and highest levels of the past month during the week ended Jan. 19, with the end result being a continuation of a rather choppy and sideways pattern. Canola finished the week on a high note, but there’s more bearish news than bullish in the background for now. Large

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