Dryness on the Canadian Prairies, as well as worsening U.S. winter wheat crop conditions and a weakening Canadian dollar raised Western Canadian wheat bids for the week ended June 19, 2025.
1.
U.S. crop conditions, weaker loonie also raise prices
Midwestern farmers abandoning wheat crops as profits recede, weather challenges
Heat damage reported in some areas
Weather, geopolitical risk provide support
Report unlikely to have notable changes
U.S. Great Plains farmers skipping the cereal in favour of more profitable crops
Higher U.S. prices encourage stronger cash prices
Other crop prices firmer, stronger
Buying activity at feedlots continue to be strong