Hard red spring wheat bids in Western Canada moved lower during the week ended May 15, as losses in the United States futures weighed on values. However, weakness in the Canadian dollar was supportive and basis levels improved.
Cereals
CWRS bids weaken, but basis improves
U.S. grains: Soybeans drop from 10-month high as biofuel guidance pressures soyoil
Chicago soybean futures on Thursday plummeted from the previous session's 10-month high, pressured by a sharp drop in soyoil caused by concerns over U.S. biofuel targets, traders said.
Feed Grain Weekly: Barley still in demand at feedlots
Barley prices to stay put for now: trader
Feed barley is still in demand at feedlots in Lethbridge, but prices will remain steady for the time being, according to a Saskatoon-area trader.
CBOT Weekly: Weather, new crop projections top of mind
Planting, growing progress pressuring prices
Soybean futures on the Chicago Board of Trade may trade sideways in the coming weeks, while corn and wheat make gains, according to a Chicago trader.
U.S. grains: Soybeans hit three-month high on US-China trade deal, USDA report
Chicago soybean futures notched a three-month high on Monday as a truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report helped prices recover to pre-trade war levels, traders and analysts said.
Tighter-than-expected stocks for 2025-26 corn, soybeans: USDA
USDA gives first glance at 2025-26 estimates
The United States Department of Agriculture unveiled its estimates for the 2025-26 crop year in its May world agricultural supply/demand estimates released May 12.
New Chicago spring wheat futures make thin trade thinner
Trading volumes a fraction of Minneapolis spring wheat
The CME Group's new Chicago spring wheat futures may be diluting an already thin market, says analyst Tom Lilja of Progressive Ag in Fargo, North Dakota.
Fungicide, glyphosate don’t hurt your hard red wheat quality
In terms of grain quality, this University of Manitoba-led research finds weather and variety matter most
The results of this study may not seem all that surprising: everyone expected weather and genotype to be the most impactful factors on wheat quality. But this research hadn’t been done before, so it offers up the good news that fungicides and glyphosate aren’t making things worse.
Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Sharp drop in canola stocks
StatCan releases grain stocks as of March 31 report
Statistics Canada reported total canola stocks have plummeted over the last year. The federal agency released its grain stocks as of March 31 report on May 8. Also in the StatCan report, all wheat stocks declined moderately and there were other significant changes.
Feed Grain Weekly: Prices steady before anticipated drops
Few prices changes in May, but declines to come this summer
There were few price changes for feed grains at the start of May, according to an Alberta-based trader. However, seasonal trends will pressure prices in the coming months.
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