MarketsFarm — Spring wheat bids in Western Canada dropped sharply during the week ended Thursday, as a selloff in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $23.50-$25.40 per tonne across the Prairies, according to price quotes from a cross-section of delivery points […] Read more
Tag Archives manitoba — page 33
Prairie cash wheat: Canadian bids drop with U.S. futures
Canadian dollar also down on week
Prairie Forecast: Alberta low to bring bit of a cooldown
Issued June 28, covering June 28 to July 5
After a fairly active weather pattern over the last few days, at least across the eastern half of the Prairies, it looks like most regions will see much quieter few days to start off this forecast period. Weak upper-level ridging combine with a broad but weak area of surface high pressure should bring typical summer […] Read more
Rail interswitching expansion pilot clears Parliament
Grain handlers to press for plan to be made permanent
Last week’s passage of the 2023 federal budget starts a 90-day countdown toward an 18-month test of expanded interswitching on railways in the three Prairie provinces. Bill C-47, the government’s budget implementation bill — which was first read April 20 in the House of Commons and got third reading in the Senate and royal assent […] Read more
Prairie Forecast Update: Low to push across region’s east
Update issued June 25, covering June 25-28
There has been a little bit of a shift in the overall weather pattern according to the latest weather model runs. The arctic high is dropping east-southeast as expected and will be around James Bay by the middle of this week. Along the southern boundary of the arctic air, the weather models show an area […] Read more
Prairie cash wheat: Spring wheat vaults higher, durum nudges up
U.S. wheat futures, Canadian dollar up on week
MarketsFarm — Spring wheat prices on the Canadian Prairies experienced sharp upticks while gains for durum were much more subdued. A drop in U.S. wheat ratings fueled the upswing in wheat prices, as dry conditions took further hold with approximately 15 per cent of U.S. spring wheat now in drought. While that’s up four points […] Read more
Prairie Forecast: Shift in the pattern
Issued June 21, covering June 21 to 28
The weather pattern that brought some record heat to the eastern Prairies, and some significant rains to parts of Alberta, looks like it will be undergoing a bit of change during this forecast period. The overall flow across the Prairies appears as though it will become predominantly northwesterly as an upper low sets up over […] Read more
Prairie Forecast Update: Alberta low to break in two
Forecast issued June 18, covering June 19-21
So far, the general forecast seems to be on track, but there have been some changes. The area of low pressure expected to develop and move north through Alberta is still on track but the weather models now it show it winding itself up across central and northern Alberta on Monday before it breaks apart […] Read more
Prairie cash wheat: Spring wheat bids higher, durum down
Not much rain outside northern, central Alberta
MarketsFarm — Warmer-than-normal temperatures and ongoing dryness in both Western Canada and the U.S. helped raise Prairie wheat bids for the week ended Thursday. Rains fell onto parts of northern and central Alberta on Thursday, but the rest of the Prairies only saw sporadic showers, if any, during the week. Traders on the Chicago Board […] Read more
Feed weekly outlook: Prices, shipments steady as dryness continues
Drought 'priced into the market already'
MarketsFarm — Demand for feed grains at Alberta feedlots continues unabated as more corn from the United States makes its way into the province. “Demand at feedlots has been status quo. Feedlots are buying imported U.S. corn and DDGS. Along with that, there is also barley and feed wheat. They are getting enough supplies right […] Read more
Prairie Forecast: Alberta low looks to dominate
Forecast issued June 14, covering June 14-21
So far, the weather models have been doing a good job with the medium-range forecasts, only falling off late in the forecast period. Of course, in the summer, short-range forecasts can be difficult, especially when it comes to just when and where thunderstorms will develop. I always find it interesting that a forecast could be […] Read more
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