Spring wheat cash prices varied across the Prairies for the week ended Nov. 25, while those for durum were slightly higher. Losses in the United States wheat complex weighed on prices north of the border, while support came from a weaker Canadian dollar.
Argentina’s 2025/26 wheat crop is projected to reach a record level, the Rosario Grains Exchange said on Wednesday, as the crop records higher yields during the ongoing harvest.
Cash prices for spring wheat and durum across the Canadian Prairies were mostly higher during the week ended Nov. 4. As Minneapolis spring wheat stepped back, there was a modest increase in Kansas City hard red while Chicago soft red was up sharply.
The United States grain and oilseed markets are currently dominated by two factors, said Ryan Ettner, broker with Allendale Inc. in McHenry, Ill. Ettner said those are the absence of a trade deal with China and the ongoing United States government shutdown.