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Tag Archives cash wheat — page 10

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Crops, Markets

Prairie cash wheat: Spring wheat bids spike

Durum bids up moderately

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MarketsFarm — Wheat bids in Western Canada for the week ended Thursday spiked sharply for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats, while gains for Canada Western Amber Durum (CWAD) were much more subdued. Steep increases in U.S. wheat markets supported values — as did the Canadian dollar, by losing […] Read more
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Crops, Markets

Prairie cash wheat: Drought sends bids higher

U.S. July wheat futures up on week

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MarketsFarm — Mounting drought concerns in the spring wheat-growing regions of Canada and the U.S. saw Prairie cash bids post solid gains during the week ended Thursday. Average CWRS (13.5 per cent) wheat prices were up by $18-$21 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and […] Read more
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Crops, Markets

Prairie cash wheat: Bids correct higher

U.S. wheat futures up on week

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MarketsFarm — Wheat bids across Western Canada moved higher during the week ended Thursday, as U.S. futures saw a corrective bounce after falling to their softest levels in over a month. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $8.50-$9 per tonne, according to price quotes from a […] Read more
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Crops, Markets

Prairie cash wheat: Bids soar after weather events

U.S. May wheat futures up on week

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MarketsFarm — Cash bids for Prairie wheat jumped as wintry weather made its way across the Prairies and U.S. northern Plains during the week ending Thursday. Wheat futures in the U.S. rose due to spillover from soybeans. However, a stronger Canadian dollar tempered Prairie wheat prices. Manitoba and Saskatchewan, as well as Montana, North Dakota […] Read more
MGEX May 2021 wheat (candlesticks) with K.C. May 2021 wheat (orange line), CBOT May 2021 wheat (red line) and Canadian dollar in U.S. cents (green line). (Barchart)
Crops, Markets

Prairie cash wheat: Bids mixed as loonie jumps

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MarketsFarm — Bids for Canada Western Red Spring (CWRS) and Canada Western Amber Durum (CWAD) wheats dropped while those for Canada Prairie Spring Red (CPSR) wheat made their way upward during the week ending Wednesday. Wheat futures in the U.S. were mixed, while the Canadian dollar rose. The market reacted to both the prospective plantings […] Read more
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Crops, Markets

Prairie cash wheat: Bids track rally in U.S. futures

Loonie up by a third of a cent on the week

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MarketsFarm — Spring wheat bids in Western Canada climbed higher during the week ended Thursday, as a rally in U.S. futures more than countered any bearish influence from a rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $11.50-$13 per tonne, according to price quotes from […] Read more

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