CNS Canada –– Cash wheat bids across Western Canada posted small losses over the week ended Friday, as the strengthening Canadian dollar cut into basis levels. Average Canada Western Red Spring (CWRS) wheat prices were generally down by C$1 to $4 per tonne across the three Prairie provinces, according to price quotes from a cross-section […] Read more
Tag Archives cwrs — page 20
Prairie wheat bids edge down as loonie rises
Western Canadian wheat bids stay rangebound
CNS Canada — Cash wheat bids across Western Canada stayed mainly rangebound during the week ended Monday. Average Canada Western Red Spring (CWRS) wheat prices were up by C$1 per tonne across the three Prairie provinces, according to price quotes from a cross-section of delivery points. Bids ranged from $228 per tonne in Manitoba to […] Read more
Prairie wheat bids rise with U.S. futures
CNS Canada –– Cash wheat bids across Western Canada posted solid gains during the week ended Friday, as advances in U.S. futures and improving basis levels provided support. Average Canada Western Red Spring (CWRS) wheat prices were up by C$6-$7 per tonne across the three Prairie provinces, according to price quotes from a cross-section of […] Read more
Prairie wheat bids dip slightly
CNS Canada — Cash wheat bids across Western Canada generally dropped lower during the week ended Friday. Average Canada Western Red Spring (CWRS) wheat prices were up by C$1-$3 per tonne across the three Prairie provinces, according to price quotes from a cross-section of delivery points. Bids ranged from about $221 per tonne in southern […] Read more
Wheat basis levels improve, futures stay bearish
CNS Canada –– Canada’s spring wheat basis has hit fresh highs to spur producer selling, but overall the market remains bearish. “It does seem kind of counterintuitive to see cash prices strengthening right during harvest,” said Brenda Tjaden Lepp, co-founder of FarmLink Marketing Solutions in Winnipeg. Over the past week, quoted basis levels for Canada […] Read more
Prairie wheat bids climb higher
CNS Canada — Cash wheat bids across Western Canada posted solid gains during the week ended Friday, as U.S. futures recovered from their five-year lows and Canadian basis levels showed some improvement. Average Canada Western Red Spring (CWRS) wheat prices were up by C$9 to $13 per tonne across the three Prairie provinces, according to […] Read more
Prairie cash wheat bids mixed
CNS Canada –– Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were steady to slightly lower during the week ended Friday, while Canada Prairie Spring Red (CPSR) bids were mixed. Average CWRS wheat prices were steady to C$3 per tonne lower across the three Prairie provinces, according to price quotes from a cross-section […] Read more
Prairie cash wheat bids mixed
CNS Canada — Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were mixed during the week ended Friday, with prices edging lower in the eastern Prairies and moving up in Alberta. Average CWRS prices were down by C$2-$4 per tonne in Saskatchewan and Manitoba, but up by C$4-$9 in Alberta, according to […] Read more
Prairie cash wheat bids edge higher
CNS Canada — Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were stronger during the week ended Friday, as basis levels and U.S. futures markets also showed some improvement. Average CWRS wheat prices were up by C$7-$10 per tonne over the week, with bids ranging from about $212 per tonne in the […] Read more
Prairie CWRS cash bids soften, durum drops sharply
CNS Canada — Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were weaker during the week ended Friday, as U.S. futures markets plunged once again. Average CWRS wheat prices were down by C$7 to $26 per tonne over the week, with bids ranging from about $203 per tonne in the Peace region […] Read more
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