MGEX March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Prairie cash wheat: Choppy U.S. futures lead to mixed bids

Reading Time: 2 minutes MarketsFarm — Spring wheat bids in Western Canada were mixed during the week ended Thursday, as choppy activity in U.S. futures spilled into the cash market. The futures traded within a wide range during the week, with the Minneapolis March spring wheat contract hitting its highest level in three weeks at one point before falling […] Read more



CBOT March 2021 wheat (candlesticks) with K.C. (green line) and MGEX (orange line) March 2021 wheat. (Barchart)

U.S. grains: Wheat up on crop ratings

Corn drifts lower, soybeans down day after touching $12

Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures climbed to two-week highs on Tuesday as a surprise decline in winter wheat condition ratings raised concerns about supplies of the food grain, traders said, while corn futures ticked lower ahead of Thursday’s U.S. Thanksgiving holiday. Chicago Board of Trade March wheat futures settled up 13 cents at […] Read more

CBOT January 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy touches US$12 mark on Brazil weather

CBOT March corn, wheat also up

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to US$12 a bushel on Monday for the first time in four years as dry conditions in parts of Brazil and Argentina stoked concerns about supplies of the oilseed, analysts said. Corn advanced, also lifted by worries about dryness in South America, and wheat futures followed the […] Read more


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Prairie cash wheat: Bids post small gains across most of West

Reading Time: 2 minutes MarketsFarm — Bids were steady to higher this week in Western Canada for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPRS) and Canada Western Amber Durum (CWAD) wheats. Gains in most U.S. wheat markets provided support as strength in the Canadian dollar kept a lid on further gains. Average CWRS (13.5 per cent […] Read more

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Prairie cash wheat: Bids mostly lower

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Thursday, with losses observed in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats. Canada Western Amber Durum (CWAD) wheat was steady to higher. Average CWRS (13.5 per cent protein) wheat prices were down $2-$4 per tonne, according to […] Read more


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Prairie cash wheat: Stronger U.S. prices boost Prairie values

Reading Time: 2 minutes MarketsFarm — Bids in Western Canada were higher this past week for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats. Gains in U.S. wheat markets provided support as a stronger Canadian dollar kept a lid on further increases. Average CWRS (13.5 per cent protein) wheat prices […] Read more

CBOT January 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans reach four-year high on global supply concerns

Corn, wheat rise to one-week highs

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures reached four-year highs on Thursday as continued dryness in South America’s crop areas raised supply concerns at a time of brisk Chinese demand. Corn and wheat hit their highest in more than one week on strong demand and supply concerns. The most-active soybean contract on the Chicago Board […] Read more


CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn declines on long liquidation

Soybeans lower, wheat rallies

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures declined on Monday as funds scaled back long positions ahead of the U.S. presidential election, and forecasts called for optimal weather in the Midwest, where farmers are wrapping up the harvest of corn and soybeans, analysts said. Wheat futures turned higher, rallying on bargain-buying after a five-session slide. […] Read more

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Prairie cash wheat: Durum springs forward, red spring falls back

Reading Time: 2 minutes MarketsFarm — Bids in Western Canada were weaker for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats for the week ended Thursday, while there were increases for Canada Western Amber Durum (CWAD). Double-digit losses in U.S. wheat markets weighed on values and a drop in the Canadian dollar provided support. Average […] Read more