Spring Wheat & Production Tips

Wheat bids edge up with futures, but basis still wide

By GFM Network News March 10, 2014

CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPSR) and Canada Western Red Spring (CWRS) wheat moved higher over the past week, with continued strength in the U.S. futures providing some support. Average spot bids on Monday for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at […] Read more

Crops, Markets, Spring Wheat

Canadian spot wheat bids jump with U.S. futures

By GFM Network News March 4, 2014

CNS Canada –– Western Canadian cash bids for Canada Prairie Spring Red (CPSR) and Canada Western Red Spring (CWRS) moved higher over the past week, with a bounce in U.S. futures behind much of the strength. Average spot bids on Monday for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at […] Read more

Crops, Markets, Spring Wheat

Prairie spot wheat bids weaken, but basis improves

By GFM Network News February 28, 2014

CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPRS) and Canada Western Red Spring (CWRS) moved lower over the past 10 days as U.S. futures ran into upside resistance. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at around $169 per tonne, or […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

U.S. wheat futures entering neutral territory

By GFM Network News February 20, 2014

CNS Canada — All three U.S. wheat futures markets have posted good gains in recent weeks, after touching contract lows at the end of January. With improvements of 80 cents to a dollar per bushel off of the lows for Minneapolis, Kansas City and Chicago futures, wheat is now in neutral territory from both a […] Read more

Crops, Markets, Spring Wheat

Spot bids for Prairie wheat climb with U.S. futures

By GFM Network News February 18, 2014

CNS Canada — Cash bids for Canada Prairie Spring Red (CPSR) and Canada Western Red Spring (CWRS) wheat continued to move higher amid the ongoing short-covering rally seen in U.S. wheat futures during the week ending Tuesday. Average spot bids on Tuesday for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in […] Read more

Mexico-based global bakery giant Grupo Bimbo, whose mascot Osito Bimbo is shown here at a company event in Mexico in 2011, has reached an all-cash deal to buy Canada Bread for $1.83 billion. (GrupoBimbo.com)

Crops, Spring Wheat, Winter Wheat

Mexican bakery giant to buy Canada Bread

By Grainews Staff, GFM Network News February 12, 2014

The reported frontrunner to buy Canada Bread is now officially the Canadian bakery firm’s buyer of choice. Mexico’s Grupo Bimbo on Wednesday announced a cash deal to buy all shares of Canada Bread Co. for $72 per share, or about $1.83 billion, accruing mainly to Canada Bread’s 90 per cent owner, meat processor Maple Leaf […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids climb alongside U.S. futures

By GFM Network News February 10, 2014

CNS Canada –– Western Canadian cash bids for Canada Prairie spring red (CPSR) and Canada Western red spring (CWRS) wheat moved higher, following the sharply stronger U.S. wheat futures markets during the week ending Monday. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at around $168 per […] Read more

Crops, Markets, Reuters, Spring Wheat

Japan ramps up U.S., June Canada wheat buys to offset delays

By Reuters, GFM Network News February 6, 2014

Tokyo | Reuters — Japan ramped up its purchases of U.S. grains and June-arrival Canadian wheat used for making bread and noodles, in a tender awarded on Thursday, in a move to offset the possibility of extended shipping delays from Canada. Canada’s record canola and wheat harvests have clogged its rail arteries and overwhelmed its […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

U.S. wheat futures correct higher

By GFM Network News February 4, 2014

CNS Canada — All three U.S. wheat futures markets are finally seeing a corrective bounce, after declining steadily since October. While how much higher wheat futures can move remains to be seen, the sharp gains this week could be seen as a sign that the downtrend is over for the time being. “We’re finally coming […] Read more

Crops, Markets, Spring Wheat

CPSR wheat bids weaken amid widening basis levels

By GFM Network News February 3, 2014

CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPRSR) wheat moved lower amid widening basis levels during the week ended Monday. Canada Western Red Spring (CWRS) bids, meanwhile, were holding steady. Prices for both varieties failed to follow the U.S. futures markets higher due to continued slow movement of the crop […] Read more

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Spring Wheat

Wheat bids edge up with futures, but basis still wide

Canadian spot wheat bids jump with U.S. futures

Prairie spot wheat bids weaken, but basis improves

U.S. wheat futures entering neutral territory

Spot bids for Prairie wheat climb with U.S. futures

Mexican bakery giant to buy Canada Bread

Prairie wheat bids climb alongside U.S. futures

Japan ramps up U.S., June Canada wheat buys to offset delays

U.S. wheat futures correct higher

CPSR wheat bids weaken amid widening basis levels

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