Photo: Greg Berg

Prairie Wheat Weekly: Prices mixed

Cash wheat prices for Canada Prairie Red Spring Wheat, Canadian Western Red Spring Wheat, and Canadian Western Amber Durum were mixed for the week ended Aug. 15. The futures market in the United States saw gains in Minneapolis spring wheat and losses for Chicago and Kansas City winter wheat.

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Prairie spring wheat bids dip with U.S. futures, rising loonie

Average Canada Western Red Spring (13.5%) wheat prices were down C$0.90 to down C$3.30 per tonne across the Prairies, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). Average prices ranged from C$244.80 per tonne in southeastern Saskatchewan to as high as C$272.60 per tonne in southern Alberta.








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Bearish bets rise in canola futures

Bearish bets in the ICE Futures canola market hit their highest level in three months in mid-June, as speculative fund traders added to their large net short position, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).




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Prairie Wheat Weekly: Spring wheat bids on the rise

Bids for Canadian Western Red Spring (CWRS) and Canadian Prairie Red Spring (CPRS) wheat varieties were higher for the week ended May 16. The price rises were mainly due to stronger United States wheat futures and weather concerns at home and abroad.