Cash bids for western Canadian spring wheat were sharply lower during the week ending Monday, as basis levels widened following Statistics Canada’s production report on Dec. 4. The report showed […] Read more
Prairie wheat bids plunge with huge Canadian crop
ICE outlook: Large crop bearish long-term
ICE Futures Canada canola futures moved to the downside during the week ended Dec. 4, hitting fresh contract lows in the process — but the market managed to come off […] Read more
StatsCan shows shockingly large crops all around
Statistics Canada pegged surprisingly large 2013-14 production figures for many of the crops grown in the country in its final crop report of 2013, released Wednesday. “There’s just no getting […] Read more
Larger canola, wheat crops expected in StatsCan report
Statistics Canada should show an increase in Canadian wheat and canola production in its upcoming final crop report of 2013 on Wednesday, industry participants said. Record-large yields reported in many […] Read more
Prairie wheat bids mixed with U.S. futures
Cash bids for western Canadian spring wheat were mixed, following U.S. futures during the week ending Monday (Dec. 2). Canada Western red spring (CWRS) wheat bids were weaker, while Canada […] Read more
Cattle industry seen likely to shrink if COOL stays
There’s a good possibility the Canadian cattle industry will start to shrink if U.S. mandatory country-of-origin labeling (COOL) rules on meat stay in place as they are. COOL came into […] Read more
Prairie wheat cash bids mixed
Cash bids for western Canadian spring wheat continued were mixed during the week ending Monday (Nov. 25). Basis levels were wider on average, though some locations were showing improvement. Average […] Read more
Logistical issues weaken canola basis levels
Cash prices for canola in Western Canada are trending lower, as basis levels are weaker due to logistical issues in the country. “We’ve got elevators behind on getting cars, and […] Read more
ICE weekly outlook: Canola bias leaning lower
ICE Futures Canada canola contracts moved lower during the week ended Wednesday (Nov. 20), with the January contract closing just above the key support level of C$480 per tonne. Some […] Read more
Prairie wheat bids continue to fall, basis levels steady
Cash bids for western Canadian spring wheat continued to move lower during the week ended Monday, though basis levels were holding steady. Much of the weakness in western Canadian cash […] Read more