wheat prices Archives - Page 21 of 22

Prairie wheat bids dip slightly

By Dave Sims, GFM Network News September 21, 2015

CNS Canada — Cash wheat bids across Western Canada generally dropped lower during the week ended Friday. Average Canada Western Red Spring (CWRS) wheat prices were up by C$1-$3 per tonne across the three Prairie provinces, according to price quotes from a cross-section of delivery points. Bids ranged from about $221 per tonne in southern

Crops, Markets

Wheat basis levels improve, futures stay bearish

By GFM Network News, Jade Markus September 16, 2015

CNS Canada –– Canada’s spring wheat basis has hit fresh highs to spur producer selling, but overall the market remains bearish. “It does seem kind of counterintuitive to see cash prices strengthening right during harvest,” said Brenda Tjaden Lepp, co-founder of FarmLink Marketing Solutions in Winnipeg. Over the past week, quoted basis levels for Canada

Crops, Markets

Prairie cash wheat bids mixed

By GFM Network News, Phil Franz-Warkentin August 24, 2015

CNS Canada –– Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were steady to slightly lower during the week ended Friday, while Canada Prairie Spring Red (CPSR) bids were mixed. Average CWRS wheat prices were steady to C$3 per tonne lower across the three Prairie provinces, according to price quotes from a cross-section

Crops

‘Nothing bullish’ in wheat futures

By GFM Network News, Phil Franz-Warkentin August 18, 2015

CNS Canada — U.S. wheat futures have moved steadily lower since the beginning of July, and appear poised for more losses as there is little supportive news in the market. “There’s just nothing bullish in the wheat market at the moment,” said Adam Knosalla of Frontier Futures in Minneapolis. He added that “down is the

Crops, Markets

Prairie wheat bids up sharply with weather worries

By GFM Network News, Terryn Shiells June 29, 2015

CNS Canada — Cash bids for Prairie wheat were up sharply during the week ended Friday, as weather worries in North America resulted in improved basis levels and pushed U.S. futures sharply higher. Parts of Western Canada are too dry, harming production, while excess moisture in the U.S. is increasing disease pressure and slowing the

Crops, Markets

New Russian wheat tax puts exporters, traders on edge

By GFM Network News, Reuters May 29, 2015

Moscow | Reuters –– Russia approved the launch of a new wheat export tax from July 1, which traders say could threaten profits on advance contracts for the new crop if the rouble weakens in coming months. Russia’s government said Friday that the new tax was intended to stop exports surging if the rouble drops

Cereals, Crops, Markets

Russian ag ministry proposes new wheat export duty formula

By GFM Network News, Reuters May 26, 2015

Donskoy | Reuters –– Russia’s agriculture ministry said on Tuesday it had finalized the methodology for the calculation of a wheat export duty that will be introduced from July 1. It has proposed exporters pay a duty of one rouble per tonne on wheat priced up to 11,000 roubles (C$268) per tonne on a free-on-board

Cereals, Crops, Markets, Weather

Russian wheat prices follow global benchmarks higher

By GFM Network News, Reuters May 25, 2015

Tikhoretsk | Reuters — Russian wheat export prices rose last week following an increase in global benchmarks and concerns over dry and hot weather in the European part of Russia, analysts said. Russia, one of the world’s big wheat exporters, competes with other global suppliers, including France, where Western European wheat prices hit the highest

Crops, Markets

Prairie feed wheat relatively strong against milling wheat

By GFM Network News, Phil Franz-Warkentin May 15, 2015

CNS Canada –– Relative strength in the feed wheat market in Western Canada compared to milling wheat is making feed channels a more attractive option for some growers with lower-end milling wheat left to sell. “Right now, feed is pretty well on par with a lot of the base milling-grade wheats,” said Jared Seitz, trade

Crops, Markets

Russia lifts wheat export duty, exports seen rising

By GFM Network News May 15, 2015

Moscow | Reuters — Russia lifted its duty on wheat exports on Friday to help domestic producers and the government said the move would boost overseas sales by one million tonnes. One of the world’s major wheat exporters, Russia initially imposed the tax from Feb. 1 until June 30 to dampen rising domestic prices and

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Tag Archives wheat prices

Prairie wheat bids dip slightly

Wheat basis levels improve, futures stay bearish

Prairie cash wheat bids mixed

‘Nothing bullish’ in wheat futures

Prairie wheat bids up sharply with weather worries

New Russian wheat tax puts exporters, traders on edge

Russian ag ministry proposes new wheat export duty formula

Russian wheat prices follow global benchmarks higher

Prairie feed wheat relatively strong against milling wheat

Russia lifts wheat export duty, exports seen rising

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