Wheat prices across the Canadian Prairies were narrowly mixed for Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat, while those for Canadian Western Amber Durum eased back by small amounts.
Winter wheat
Prairie wheat weekly outlook: Narrow price movements for wheat, durum
The Canadian dollar lost three tenths over the week
Prairie spring wheat bids start year on a soft note
The Canadian dollar again weakened relative to the greenback
Spring wheat bids in Western Canada moved lower during the first week of 2024, as losses in the United States futures more than countered the supportive influence of a weaker Canadian dollar.
Australian crops improve, but well off recent records
Winter crop harvest reportedly progressing quicker, earlier than recent years
Australia’s winter crop production likely beat earlier expectations but will still be down considerably compared to the record-large production in recent years, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
U.S. grains: Chicago wheat, corn rally as export sales top forecasts
Soybeans lower in narrow trading
Chicago | Reuters — Chicago wheat and corn futures climbed more than one per cent on Thursday as traders covered more short positions following a slump to multi-year lows and as weekly export sales topped forecasts and included sizeable purchases by major importer China. Soybeans were lower in range-bound trading after the U.S. Department of […] Read more
Prairie cash wheat: Prices fall back, more so for CWRS, CPSR
MGEX, K.C. wheats down on week
MarketsFarm — Wheat prices across the Prairies lost ground during the week ended Nov. 23, with Canada Western Red Spring and Canada Prairie Spring Red wheats incurring larger declines than those for durum. Minneapolis and Kansas City wheat futures pulled back during the week, but Chicago nudged up a little. Ongoing issues with lacklustre U.S. […] Read more
Prairie cash wheat: Bids ease off
U.S. wheat futures turn lower
MarketsFarm — Bids for western Canadian wheat were down all around for the week ended Thursday, with Canada Prairie Spring Red (CPSR) wheat having the largest losses. U.S. wheat futures were lower as export sales continued to be weak. For the week of Nov. 3-9, 176,300 tonnes were sold for export, down 50 per cent […] Read more
Prairie cash wheat: Bids up in early November
U.S. wheat futures up on week
MarketsFarm –– Spring wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up by $8.80-$10.10 per tonne across the Prairies, according to price quotes from a cross-section of delivery points compiled by PDQ […] Read more
U.S. grains: Wheat down on supply outlook boost
Soybeans hit two-month high before retreating; expected increase in U.S. yields weighs on corn
Chicago | Reuters — U.S. wheat futures declined on Tuesday as the markets reacted to better-than-expected crop conditions, while soybean futures climbed to a two-month high on adverse weather conditions in Brazil before retreating. The U.S. Department of Agriculture (USDA) rated 50 per cent of the country’s winter wheat crop in good-to-excellent condition after trading […] Read more
Prairie cash wheat: Weaker U.S. values pull down Canadian prices
Lower export sales drag on U.S. wheat
MarketsFarm — Wheat prices across the Canadian Prairies fell back during the week ended Nov. 2, with losses in Canada Western Red Spring and Canada Prairie Spring Red wheats, while those for Canada Western Amber Durum were mostly lower. The U.S. wheat complex lost ground during the week, due in part to lacklustre export sales. […] Read more
Prairie cash wheat: Bids book week of losses
U.S. wheat futures down on week
MarketsFarm — Western Canadian wheat bids took a tumble with durum prices having the largest losses during the week ended Oct. 26. U.S. wheat futures were pressured throughout the week as rains fell on winter wheat-growing areas in the country, as well as in Argentina, Ukraine and Australia. Export sales for U.S. wheat were lower […] Read more