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Tag Archives Canadian dollar

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Crops, Markets, Spring Wheat

Prairie cash wheat: Harvest pressure, falling U.S. futures weigh on bids

Canadian dollar up on the week

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MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday, as seasonal harvest pressure and losses in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5.30-$8 per tonne across the Prairies, according to price quotes from a cross-section of […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Spring wheat bids mixed, durum lower

StatCan raises projections for spring wheat harvest

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MarketsFarm — Bids for Western Canadian spring wheat were on both sides of unchanged while those for durum were lower for the week ended Thursday. Statistics Canada (StatCan) released its model-based principal field crop production estimates on Thursday, presenting a tightening wheat crop compared to that from 2022-23. All-wheat production was projected at 29.8 million […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Prices for reds rise, amber eases back

Harvest pressure, Canadian dollar also factors

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MarketsFarm — Wheat on the Canadian Prairies was mixed for the week ended Thursday, with gains for Canada Western Red Spring and Canada Prairie Spring Red wheats, while Canada Western Amber Durum slipped back. Kansas City winter wheat and Minneapolis spring futures were higher on the week to provide support for Canadian cash prices, but […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market shrugs off lower barley production

Barley exports, domestic demand expected to be reduced

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Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. Prices for calves were also unchanged from average values seven days earlier. Calf markets are becoming more defined as volumes increase. There also appeared to be larger volume of high-quality yearlings available, which was a surprise. The drought hasn’t significantly […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Bids, futures take tumbles

Canadian dollar sees slight gain on week

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MarketsFarm — Western Canadian wheat bids were lower throughout during the week ended Thursday, with Canada Western Red Spring wheat seeing the largest declines. Statistics Canada (StatCan) released its first model-based production estimates for 2023-24 on Tuesday. Based on data compiled up to July 31, StatCan estimated total Canadian wheat production at 29.472 million tonnes, […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Spring wheat bids drop with U.S. futures

Crop concerns supportive for durum

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MarketsFarm — Spring wheat bids in Western Canada fell in sympathy with U.S. futures during the week ended Thursday, although durum climbed higher on the back of production concerns in key durum-growing areas of southern Saskatchewan. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $7.60-$9.70 per tonne across […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Bids run mixed to higher

Domestic wheat yields now a question mark

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MarketsFarm — Bids for Canada Western Red Spring (CWRS) wheat were mixed for the week ended Aug. 10, while those for Canada Prairie Spring Red (CPSR) and durum were on the rise. Scattered showers brought moisture across the Prairies, but attention has now turned to harvesting a wheat crop greatly affected by hot and dry […] Read more
(Geralyn Wichers photo)
Finishers, Livestock, Markets

Klassen: Upward momentum in feeder market eases

Feedlots seen in 'risk assessment mode'

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Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Higher-quality groups of yearling heifers appeared to trade steady to $2 higher on average while steer markets traded $3-$4 higher to $2 lower. Calf prices are unchanged from seven days earlier. The rally in deferred live cattle futures has stalled for the time […] Read more
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Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Weather, rising futures lift bids

Dry weather persisted for much of Prairies

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MarketsFarm — Dry weather for most of the Prairies, as well as rising wheat prices in the U.S., lifted western Canadian wheat bids, some to more than $400 per tonne, for the week ended July 6. With the exception of thunderstorms and sporadic precipitation in Alberta, dryness persisted across much of the Prairies, albeit with […] Read more
MGEX September 2023 hard red spring wheat with 20-day moving average and K.C. September 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Canadian bids drop with U.S. futures

Canadian dollar also down on week

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MarketsFarm — Spring wheat bids in Western Canada dropped sharply during the week ended Thursday, as a selloff in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $23.50-$25.40 per tonne across the Prairies, according to price quotes from a cross-section of delivery points […] Read more

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AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

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