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Prairie wheat bids edge lower

MarketsFarm — Wheat bids in Western Canada edged lower during the week ended Thursday, as seasonal harvest pressure and strength in the Canadian dollar weighed on values. The Canadian dollar was up by roughly a third of a cent relative to its U.S. counterpart on the week. Minneapolis spring wheat futures held steady, but Kansas […] Read more

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Cash wheat: Western Canadian bids mixed

MarketsFarm — Wheat bids in Western Canada were mixed for the week ended Thursday. Small gains and marginal losses were observed in CWRS, CPSR and durum wheats. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were down $3-$5 per tonne at most locations. The outlier was in northwestern Saskatchewan, where prices […] Read more

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Western Canada’s cash wheat bids mixed

MarketsFarm — Wheat bids in Western Canada were mixed for the week ended Thursday, with minute gains and larger losses in CWRS, CWAD and CPSR wheats in all locations. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up by 50 cents to down by $1 per tonne. The outlier was […] Read more


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Cash wheat: Prices stronger in varying degrees

MarketsFarm — Wheat bids in Western Canada were generally up for the week ended Aug. 8, with gains in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats in all locations. Durum (CWAD) was either side of steady, depending on location. The Canadian dollar was down by almost a quarter of a […] Read more


MGEX May 2019 spring wheat with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Improving weather view weighs on wheat

Chicago | Reuters — MGEX spring wheat futures plunged two per cent on Tuesday to their lowest levels since July 2018 on easing concerns about the weather in key U.S. growing areas and weakening cash prices, traders said. K.C. hard red winter wheat futures also were weak, with a better-than-expected government report on crop conditions […] Read more


MGEX March 2019 spring wheat (black) with K.C. March wheat (orange) and CBOT March wheat (green). (Barchart)

Prairie wheat bids fall with U.S. futures

CNS Canada — Wheat bids in Western Canada were mostly down for the week ended Friday with a weaker Canadian dollar and falling U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $1-$7, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and […] Read more


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Falling U.S. futures weigh on Prairie wheat bids

CNS Canada — Hard red spring wheat bids in Western Canada lost ground during the week ended Friday, as losses in U.S. futures more than offset the supportive influence of the declining Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3-$11 per tonne over the course […] Read more

(Country Guide file photo)

Prairie wheat bids mixed while U.S. futures rise

CNS Canada — Wheat bids in Western Canada were mixed for the week ended Thursday, while U.S. wheat futures rose. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some unchanged and others rising by $1-$2, according to price quotes from a […] Read more