Hard red spring wheat bids in Western Canada moved higher during the week ended Jan. 23, as a rally in the United States futures provided support.
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Tag Archives durum
Prairie spring wheat rise with U.S. futures
Prairie spring wheat bids rise as loonie falls
Hard red spring wheat bids in Western Canada moved higher during the week ended Dec. 12, as gains in the United States futures and weakness in the Canadian dollar provided support.
Prairie Wheat Weekly: Strong gains for red spring varieties
Spring wheat cash prices in Western Canada posted double-digit increases for the week ended Oct. 3, while durum bids were up much more modestly.
Prairie Wheat Weekly: Most Western Canadian wheat bids rise
Western Canadian wheat bids were mostly higher during the week ended Sept. 5, following the lead of United States wheat futures. The U.S. Department of Agriculture reported the country’s spring wheat harvest to be 70 per cent complete as of the start of September, matching the five-year average and being two points ahead of last […] Read more
Prairie wheat bids mixed as choppy futures trend lower
Wheat futures tested fresh contract lows
Spring wheat bids in Western Canada were mixed during the week ended Feb. 23 as choppy activity in the United States futures spilled into the cash market.
Prairie wheat weekly outlook: U.S. futures raise Western Canadian bids
Total wheat production expected to increase to 33.3 million tonnes; total wheat carryout to 4.2 million
The relatively low prices created some interest in the export market. The U.S. Department of Agriculture (USDA) reported net wheat export sales of 451,400 tonnes in its weekly report on Jan. 25, down 36 per cent from the previous week but up 45 per cent from the four-week average. Recent severe cold weather in the northwestern U.S. Plains may have also caused some crop damage.
Prairie cash wheat: Prices fall back, more so for CWRS, CPSR
MGEX, K.C. wheats down on week
MarketsFarm — Wheat prices across the Prairies lost ground during the week ended Nov. 23, with Canada Western Red Spring and Canada Prairie Spring Red wheats incurring larger declines than those for durum. Minneapolis and Kansas City wheat futures pulled back during the week, but Chicago nudged up a little. Ongoing issues with lacklustre U.S. […] Read more
China’s COFCO says it imported Canadian durum for first time
China's imports usually involve pasta or durum flour instead
Beijing | Reuters — Chinese state-run food group COFCO Group said it had imported Canadian durum wheat for the first time for processing into flour, a departure from China’s usual practice of importing finished durum flour or pasta. “This direct import of durum wheat has enriched the structure of China’s imported wheat varieties, facilitated the […] Read more
Prairie cash wheat: Bids ease off
U.S. wheat futures turn lower
MarketsFarm — Bids for western Canadian wheat were down all around for the week ended Thursday, with Canada Prairie Spring Red (CPSR) wheat having the largest losses. U.S. wheat futures were lower as export sales continued to be weak. For the week of Nov. 3-9, 176,300 tonnes were sold for export, down 50 per cent […] Read more
Prairie cash wheat: Bids up in early November
U.S. wheat futures up on week
MarketsFarm –– Spring wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up by $8.80-$10.10 per tonne across the Prairies, according to price quotes from a cross-section of delivery points compiled by PDQ […] Read more
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