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.
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Tag Archives wheat prices
Prairie Wheat Weekly: Western Canadian bids rise on dryness
U.S. crop conditions, weaker loonie also raise prices
‘Amber waves of grain’ recede in America’s heartland as wheat farmers struggle
Midwestern farmers abandoning wheat crops as profits recede, weather challenges
The Great Plains have long been celebrated for the “amber waves of grain” in the popular hymn “America the Beautiful.” The region’s states produce most of the U.S.-grown crop of hard red winter wheat, favored by bakers for bread. But with prices hovering around $5 (C$6.86) per bushel, U.S. wheat farmers have reached an inflection point, with many forced to either lose money, feed wheat to cattle or kill off the crop.
Feed Grain Weekly: ‘Consistent demand’ despite potential for more dryness
Heat damage reported in some areas
Feed corn and feed barley prices in Western Canada have been competitive as the potential for more dryness remains.
CBOT Weekly: External factors raising wheat prices
Weather, geopolitical risk provide support
Numerous factors caused United States wheat prices to sharply rise during the week ended June 18, 2025.
CBOT Weekly: ‘Not looking for any fireworks’ in June WASDE
Report unlikely to have notable changes
Do not expect any major changes in the June supply and demand report from the United States Department of Agriculture, said Terry Reilly, senior agricultural specialist for Marex.
Tariffs on canola seen supercharging Canadian farmers’ shift to spring wheat
U.S. Great Plains farmers skipping the cereal in favour of more profitable crops
The prospect of Chinese and U.S. tariffs on canola have prompted Western Canadian farmers to seed more wheat.
Prairie Wheat Weekly: Mixed prices across the region
Higher U.S. prices encourage stronger cash prices
Western Canadian cash prices for spring wheat were mostly higher during the week ended June 5, while those for amber durum moved lower.
CBOT Weekly: Crop conditions raise spring wheat prices
Other crop prices firmer, stronger
Spring wheat prices rose, while other prices were firmer or higher during the week ended June 4, 2025.
Feed Grain Weekly: Farmers still waiting on pasture
Buying activity at feedlots continue to be strong
There is still some buying activity at feedlots despite some cattle already being put out to pasture for the summer months, according to Susanne Leclerc at Edmonton-based Market Master Ltd.
Weak Chinese demand leaves Australia with too much wheat
Australian wheat inventories will likely be much higher than last year at the end of the season, pressuring prices, because of a drop in Chinese imports and competition from ample supplies out of rival exporter Russia, analysts and traders said.