GFM Network News



Prairie cash wheat: Bids mixed

MGEX, K.C. wheats down on week

MarketsFarm — Spring wheat bids in Western Canada were mixed during the week ended Thursday, as the Minneapolis futures bounced around within a 15-cent per bushel range. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3 to up by $2 per tonne, according to price quotes from a […] Read more





Prairie cash wheat: Rising loonie cuts into bids

MarketsFarm — Hard red spring wheat bids in Western Canada lost ground during the week ended Thursday, as the bearish influence of a strengthening Canadian dollar more than offset supportive influence from gains in U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5.50-$10 per tonne, according to […] Read more

CBOT weekly outlook: Wheat futures underpinned for now

However, traders still watching headlines

MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of my comments come with a […] Read more