MGEX May 2021 wheat (candlesticks) with K.C. May 2021 wheat (yellow line) and CBOT May 2021 wheat (green line). (Barchart)

Spring wheat slowly regains premiums

Reading Time: 2 minutes MarketsFarm — Nearby Minneapolis spring wheat contracts have historically traded at a premium compared to their Chicago and Kansas City soft wheat counterparts. And after a winter during which that premium had all but disappeared, spring wheat has so far made gains in 2021. Since the start of the year, both spring wheat contracts have […] Read more

CBOT May 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages and November 2021 soybeans (blue line). (Barchart)

U.S. grains: Soybeans rise on tight near-term supply

CBOT corn mixed, wheat lower

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures gained on Tuesday as traders assessed the impact of a lower-than-expected U.S. plantings forecast and a rain-delayed harvest in Brazil on ever-tightening supplies of the oilseed. Corn futures were mixed, with old-crop contracts rising slightly as investors adjusted positions ahead of a monthly U.S. Department of Agriculture world […] Read more

MGEX May 2021 wheat (candlesticks) with K.C. May 2021 wheat (orange line), CBOT May 2021 wheat (red line) and Canadian dollar in U.S. cents (green line). (Barchart)

Prairie cash wheat: Bids mixed as loonie jumps

Reading Time: 2 minutes MarketsFarm — Bids for Canada Western Red Spring (CWRS) and Canada Western Amber Durum (CWAD) wheats dropped while those for Canada Prairie Spring Red (CPSR) wheat made their way upward during the week ending Wednesday. Wheat futures in the U.S. were mixed, while the Canadian dollar rose. The market reacted to both the prospective plantings […] Read more

(Thinkstock photo)

Prairie cash wheat: Bids mixed with falling futures, weaker loonie

Reading Time: 2 minutes MarketsFarm — Bids in Western Canada were mixed this week for Canada Western Red Spring (CWRS) wheat and steady to lower for Canada Prairie Spring Red (CPSR) and durum (CWAD). Lower prices in U.S. wheat markets weighed on values, while a weaker Canadian dollar provided support. Average CWRS (13.5 per cent protein) wheat prices were […] Read more

(Dave Bedard photo)

Funds add to net longs in canola, U.S. futures

Reading Time: < 1 minute MarketsFarm — The large managed-money net long positions in soybean, corn and canola futures increased during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders were holding a net long position in ICE Futures canola of 43,967 contracts as […] Read more


(File photo by Dave Bedard)

Funds’ net long position edges lower in canola

Net long increased in MGEX and K.C. wheats

Reading Time: < 1 minute MarketsFarm — Funds’ large net long position in canola narrowed slightly during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed-money fund traders as of Tuesday were holding a net long position in ICE Futures canola of 51,614 contracts, down by about […] Read more

(Thinkstock photo)

Prairie cash wheat: CWRS bids rise with U.S. futures

Reading Time: 2 minutes MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, with gains in U.S. futures countered somewhat by ongoing strength in the Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $2 to up $4 per tonne, according to price quotes from […] Read more

(Thinkstock photo)

Prairie cash wheat: Prices mixed

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were across the board during the week ended Thursday. Canada Western Red Spring (CWRS) wheat was mixed, Canada Prairie Spring Red (CPSR) was higher and Canada Western Amber Durum (CWAD) lower. Gains in U.S. wheat markets provided support while strength in the Canadian dollar weighed on values. Average […] Read more