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Crops, Markets

Prairie cash wheat: Bids mostly lower

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Thursday, with losses observed in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats. Canada Western Amber Durum (CWAD) wheat was steady to higher. Average CWRS (13.5 per cent protein) wheat prices were down $2-$4 per tonne, according to […] Read more
Crops, Markets

Prairie cash wheat: Stronger U.S. prices boost Prairie values

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Reading Time: 2 minutes MarketsFarm — Bids in Western Canada were higher this past week for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats. Gains in U.S. wheat markets provided support as a stronger Canadian dollar kept a lid on further increases. Average CWRS (13.5 per cent protein) wheat prices […] Read more
Crops, Markets

Prairie cash wheat: Durum springs forward, red spring falls back

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Reading Time: 2 minutes MarketsFarm — Bids in Western Canada were weaker for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats for the week ended Thursday, while there were increases for Canada Western Amber Durum (CWAD). Double-digit losses in U.S. wheat markets weighed on values and a drop in the Canadian dollar provided support. Average […] Read more
Crops, Markets

Canada’s wheat ending stocks projections raised

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Reading Time: < 1 minute MarketsFarm — Canadian wheat ending stocks for the current 2020-21 marketing year are forecast to be larger than earlier expectations, according updated supply/demand estimates Thursday from Agriculture and Agri-Food Canada. All-wheat ending stocks for 2020-21 are now forecast at 6.3 million tonnes, which compares with the September estimate of 5.9 million. The total wheat carryout […] Read more
Crops, Markets

Prairie cash wheat: Bids mixed

Durum steady to lower

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Friday, with gains observed in Canada Western Red Spring (CWRS) wheat and losses in Canada Prairie Spring Red (CPSR). Canada Western Amber Durum (CWAD), meanwhile, was steady to lower. Average CWRS (13.5 per cent) wheat prices were up by $2-$7 per tonne, […] Read more
Crops, Markets

Prairie cash wheat: Prices up on sharp rises in U.S. wheat

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats for the week ended Thursday. Support came from double-digit increases in Chicago, Minneapolis and Kansas City wheat futures. Meanwhile, the Canadian dollar was relatively steady. Average CWRS (13.5 […] Read more
Crops, Markets

Prairie cash wheat: Bids mostly stronger

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly higher during the week ended Friday, with a mostly firmer tone in U.S. futures countered by strength in the Canadian dollar. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up by as much as $5 per tonne, although Manitoba bids edged […] Read more
Crops, Markets

USDA data show tighter U.S. grain, oilseed stocks

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Reading Time: < 1 minute MarketsFarm — Quarterly stocks data from the U.S. Department of Agriculture showed tighter-than-expected supplies of soybeans, corn, and wheat in the country. Soybean stocks, as of Sept. 1, 2020, were pegged at 523 million bushels, which was down by 42 per cent from the previous year and below average trade estimates. Corn stocks were below […] Read more
Crops, Markets

First of four vessels arrives in Churchill

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Reading Time: < 1 minute MarketsFarm — The first grain vessel of the 2020 shipping season is now at Manitoba’s northern Port of Churchill, according to Murad Al-Katib of the Arctic Gateway Group. “We’ll have an active program on durum wheat and lentils going into the Mediterranean,” said Al-Katib, who’s also CEO of Regina-based AGT Foods, one of the group’s […] Read more

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