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Winter wheat

CBOT June 2023 soft red winter wheat with 20-day moving average, MGEX June 2023 hard red spring wheat (yellow line) and K.C. June 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat gains on small harvest outlook

Corn, soybeans mostly lower

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Chicago | Reuters — U.S. wheat futures rose on Friday, with traders focused on forecasts for crop shortfalls in the drought-stricken U.S. Plains, while corn and soybeans were mostly lower on a government outlook for record-large harvests of both crops. K.C. hard red winter wheat futures posted the biggest gains, surging more than four per […] Read more
K.C. July 2023 hard red winter wheat with 20-day moving average and Minneapolis July 2023 hard red spring wheat (yellow line). (Barchart)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: U.S. futures lift spring wheat bids

Durum prices down on week

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MarketsFarm — Western Canadian spring wheat bids were the beneficiaries of rising U.S. futures prices for the week ended Thursday. Wheat futures on the Chicago Board of Trade (CBOT) were under pressure early in the week due to healthy yet ineffective rains over wheat-growing areas in the U.S. The U.S. Department of Agriculture raised the […] Read more
CBOT July 2023 soft red winter wheat with 20-day moving average, Minneapolis July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago wheat hits 25-month session low on good crop conditions

Market eyes talks on Black Sea grain corridor

By
Mexico City | Reuters — Chicago wheat hit a 25-month low in the session to close lower on Tuesday, on weather that looked good for U.S. crop development and improving crop conditions. Wheat has been pressured down in recent days after the winter wheat crop rating as of Sunday was up two points from the […] Read more
(Dave Bedard photo)
Crops, Markets

Fund short position in canola grows for first time in a month

Corn moves from net long to net short

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MarketsFarm — After covering bearish bets for four straight weeks, managed money fund traders were back on the sell side of the canola market in late April, covering longs and putting on new short positions. According to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC), as of April 25, […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Bids drop sharply

U.S. wheat futures well down on week

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MarketsFarm — Spring wheat bids in Western Canada dropped sharply lower during the last week of April, as a selloff in U.S. futures more than offset any support from a weaker Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $25.90-$27.50 per tonne across the Prairies, according […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Red wheats up slightly on week

Prairie durum values down on week

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MarketsFarm — Despite adverse weather conditions in both Canada and the U.S., as well as poor growing conditions south of the border, western Canadian wheat bids saw slight increases for the week ended Thursday. A spring snowstorm descended on eastern Saskatchewan, western Manitoba and North Dakota on Wednesday and Thursday, with some parts seeing up […] Read more
Callum Morrison taking soil moisture readings using a soil moisture probe in one of the long-term cover crop research plots at the University of Manitoba’s Ian N. Morrison Research Farm in Carman, Man. These plots, along with plots at the University of Manitoba’s Glenlea Research Station in Glenlea, Man., are part of a field trial that has a four-year rotation with cover crops and the same four-year rotation without cover crops.
Crops, Features

Cover cropping on the Prairies

A farmer survey shows many producers are growing cover crops successfully, but more agronomic knowledge and supports are needed

By
Climatic constraints such as a short growing season or too little fall moisture are often given as reasons why cover cropping may not be a great fit for the Canadian Prairies. A recent farmer survey, though, shows many western Canadian producers are making cover crops work, and are benefitting in ways you may not have […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Stronger loonie sends bids down

U.S. wheat futures also down on week

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MarketsFarm — A rising Canadian dollar helped lower western Canadian wheat bids for the week ended Thursday despite an array of supportive factors. As the central and southern U.S. Plains deal with severe drought in winter wheat-growing areas, a large snowpack in the northern Plains threatens to delay spring wheat seeding by a few weeks. […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Bids drift lower

U.S. wheat futures down on week

By ,
MarketsFarm — Spring wheat bids in Western Canada softened during the week ended Wednesday, as choppiness in U.S. futures and strength in the Canadian dollar weighed on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $1.60-$6.90 per tonne across the Prairies, according to price quotes from a […] Read more

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