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Tag Archives mgex


(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Spring wheat bids drop with U.S. futures

Crop concerns supportive for durum

By Phil Franz-Warkentin August 20, 2023
MarketsFarm — Spring wheat bids in Western Canada fell in sympathy with U.S. futures during the week ended Thursday, although durum climbed higher on the back of production concerns in […] Read more

(File photo by Dave Bedard)
Crops, Markets

Fund long position holds steady in canola

Net long in CBOT soybeans down on week

By Phil Franz-Warkentin August 14, 2023
MarketsFarm — The managed money long position in canola held relatively steady during the week ended Aug. 8, according to the latest Commitments of Traders report from the U.S. Commodity […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids run mixed to higher

Domestic wheat yields now a question mark

By Adam Peleshaty August 14, 2023
MarketsFarm — Bids for Canada Western Red Spring (CWRS) wheat were mixed for the week ended Aug. 10, while those for Canada Prairie Spring Red (CPSR) and durum were on […] Read more

(File photo by Dave Bedard)
Crops, Markets

Net short position nearly gone in canola

Traders still net short in CBOT wheat, corn

By Phil Franz-Warkentin July 14, 2023
MarketsFarm — Speculative traders continue to exit their bearish bets in canola, with the net short position dipping below 4,000 in the latest Commitments of Traders report from the U.S. […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Weather, rising futures lift bids

Dry weather persisted for much of Prairies

By Adam Peleshaty July 10, 2023
MarketsFarm — Dry weather for most of the Prairies, as well as rising wheat prices in the U.S., lifted western Canadian wheat bids, some to more than $400 per tonne, […] Read more


MGEX September 2023 hard red spring wheat with 20-day moving average and K.C. September 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

Prairie cash wheat: Canadian bids drop with U.S. futures

Canadian dollar also down on week

By Phil Franz-Warkentin June 30, 2023
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, […] Read more

(Dave Bedard photo)
Crops, Markets

Net short drops in canola as funds cover positions

Traders expand net longs in soy, corn

By Phil Franz-Warkentin June 27, 2023
MarketsFarm — Speculative traders were busy covering short positions in ICE Futures canola during the week ended June 20, taking the net short position in the market to its smallest […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Spring wheat vaults higher, durum nudges up

U.S. wheat futures, Canadian dollar up on week

By Glen Hallick June 24, 2023
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 […] Read more


(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Spring wheat bids higher, durum down

Not much rain outside northern, central Alberta

By Adam Peleshaty June 17, 2023
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 […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Hard red spring wheat bids rise

MGEX wheat rally offsets rising loonie

By Phil Franz-Warkentin June 12, 2023
MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, as a rally in Minneapolis spring wheat futures countered the bearish influence of a […] Read more

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