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Winter wheat

(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Bids mixed to lower

U.S. wheat futures up on week

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MarketsFarm — While wheat futures on the Chicago Board of Trade (CBOT) were higher after hitting low points, bids for Western Canadian wheat were mixed to lower for the week ended Thursday. The Canadian dollar gained ground against a weakening U.S. greenback, moving up by more than one U.S. cent. The loonie spent the week […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids trend lower with U.S. futures

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MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Friday, as losses in U.S. futures more than countered the supportive influence of the weakening Canadian dollar. Seasonal harvest pressure contributed to the declines, as the U.S. winter wheat harvest progressed northward. Average Canada Western Red Spring (CWRS, 13.5 per cent […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Spring Wheat, Winter Wheat

Larger spring wheat crop expected in U.S.

USDA expects reduced total worldwide wheat crop

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MarketsFarm — Early indications point to a much larger spring wheat crop in the United States in 2022 compared to the drought-stricken 2021 crop despite the late seeding, according to the latest production estimates from the U.S. Department of Agriculture. In USDA’s first official production estimates of the growing season breaking out the different wheat […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Prices take a hard hit

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MarketsFarm — Wheat prices on the Canadian Prairies were down hard for the week ended Thursday. Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats incurred sharp losses as prices tumbled in U.S. markets. Additional pressure came from Statistics Canada’s report on planting intentions for 2022-23. The […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Corn, soybeans, wheat plunge as economic worries rise

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Chicago | Reuters – U.S. corn, wheat and soybean futures plummeted on Thursday, as investor fears of an economic downturn and improved sentiment over U.S. crops shifted attention from war disruption to Black Sea exports. Wheat futures Wv1 sank to their lowest level since March 1, soybeans Sv1 hit their lowest since May 11 and corn Cv1 hit its lowest since […] Read more
Feeder market strengthens toward third quarter
Cattleman’s Corner, Markets

Feeder market strengthens toward third quarter

Several factors indicate prices will be higher during fall and winter of 2022

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Alberta packers were buying fed cattle on a dressed basis in the range of $284-$286 during the second week of May. This is up about $10 from a month earlier. Alberta and Saskatchewan were contending with a backlog of market-ready, fed cattle supplies during the first five months of 2022. However, this burdensome supply situation […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids firm as loonie falls

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MarketsFarm — Spring wheat bids in Western Canada moved higher during the week ended Thursday, as heavy losses in the Canadian dollar more than countered the bearish influence of weakening U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $4.50-$7.40 per tonne during the week ended Thursday, […] Read more
CBOT July 2022 soft red wheat (candlesticks) with 50-day moving average (black line), MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat eases on harvest pressure

Nearby corn firms, July soybeans also lower

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Chicago | Reuters — U.S. wheat futures ended lower on Wednesday, led by K.C. hard red winter wheat, as the harvest progressed and forecasts signalled continued dry weather for combines rolling in the southern Plains, traders said. Corn futures closed mixed, with strong domestic cash markets supporting nearby July futures on the Chicago Board of […] Read more

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