Rusts enter southern Manitoba from U.S.

Reading Time: < 1 minute CNS Canada — While fusarium head blight and wheat streak mosaic have already popped up in Manitoba fields, a new strain of disease is making its presence felt in the province’s south. Stripe rust and leaf rust appear to have blown in from the United States. Pam de Rocquigny of Manitoba’s agriculture department said the […] Read more

Uncertainty over Russia’s wheat export tax seen slowing trade

Reading Time: 2 minutes Moscow/Abu Dhabi | Reuters –– Uncertainty over Russia’s new wheat export tax is slowing trade activity as traders who have signed forward contracts say they are unsure about how the formula will be implemented. The floating tax formula, to be launched from July 1, is intended to stop exports surging if the rouble drops steeply, […] Read more


(Country Guide file photo)

Prairie wheat bids down with U.S. futures, rising loonie

Reading Time: 3 minutes CNS Canada — Cash bids for Canadian wheat dropped during the week ended Friday, as the combination of a rising Canadian dollar and dropping U.S. futures weighed on prices across the Prairies. Average Canada Western Red Spring (CWRS) wheat prices were C$12-$16 per tonne lower, with bids ranging from about $204 per tonne in north-central […] Read more

(MGEX.com)

Nearby spring wheat charts looking bullish

Reading Time: < 1 minute CNS Canada — Nearby technical signals for MGEX spring wheat futures in Minneapolis have turned bullish, as prices rallied during the first part of June. However, the market remains rangebound from a longer-term perspective. The July wheat contact in Minneapolis has climbed by 50 cents per bushel since June 1, and settled Tuesday at US$5.8275. […] Read more








(Country Guide file photo)

Prairie wheat bids rise with improving basis

Reading Time: 3 minutes CNS Canada –– Cash bids for Canadian wheat were stronger during the week ended Friday, as basis levels improved. A firmer tone in U.S. wheat futures was also supportive. Average Canada Western Red Spring (CWRS) wheat prices were C$6-$12 per tonne higher, with bids ranging from about $204 per tonne in north-central Saskatchewan to $223 […] Read more

(Country Guide file photo)

Prairie wheat bids up sharply as U.S. futures rally

Reading Time: 3 minutes CNS Canada –– Cash bids for Canadian wheat were stronger during the week ended Thursday, as U.S. wheat futures rallied sharply higher and basis levels improved, in general. Average Canada Western Red Spring (CWRS) wheat prices were C$10-$13 per tonne higher, with bids ranging from about $196 per tonne in north-central Saskatchewan to $214 per […] Read more