(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Grain prices softer ahead of harvest

MarketsFarm — Feed grain prices have softened ahead of harvesting season, due in part to improving growing conditions and a stronger Canadian dollar. Drought conditions earlier in the summer had threatened Prairie crop yields and buoyed feed grain prices, but the weather premium has subsided thanks to recent rains. “Rain showed us we’ll have a


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Weather buoys grain prices

MarketsFarm –– A dry spring on the Prairies, coupled with intensely wet weather south of the border, has frustrated producers and supported higher feed grain prices. Barley prices have rallied “quite strongly” due to dry weather observed across most of the Prairies, combined with tight supplies from previous years, said Nelson Neumann of Agfinity in

one dollar banknote among wheat grains

Wide range of variations seen in Prairie cash wheat prices

MGEX, CBOT and K.C. July wheat futures were all up significantly on the week

Wheat bids in Western Canada were across the board for the week ended May 17. There were losses in Canada Western Red Spring (CWRS) wheat, while Canada Prairie Spring Red (CPSR) prices were mixed and durum (CWAD) prices were largely steady. Firmness in the Canadian dollar and gains in U.S. futures also pushed and pulled


Average durum prices were steady to down $1 per tonne on the week.

CWRS bids hold steady on Prairies, other classes drop

MGEX July wheat was up on the week while CBOT and K.C. July wheat slipped

Canada Western Red Spring (CWRS) wheat bids held relatively steady during the week ended May 10, as the Minneapolis futures managed to edge higher on the week despite losses in the Chicago and Kansas City winter wheat markets. Average CWRS (13.5 per cent protein) wheat prices were held within $1 per tonne of unchanged at

Prairie CWRS bids drop with Minneapolis futures

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