Reading Time: < 1 minute CNS Canada — Cash bids for Canada Western Red Spring (CWRS) wheat moved higher over the past week, as weather worries in the U.S. Plains and uncertainty over Black Sea grain movement remained supportive for North American prices. Average spot bids on Monday for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came […] Read more
CWRS wheat bids rising with U.S. futures
Strong red lentils to draw in acres
Reading Time: 2 minutes CNS Canada –– Red lentil bids in Western Canada are showing some strength, which may bring more acres to the crop this spring. “We’ll be quite tight on red lentils going into the fall,” said Bobby Leavins of Rayglen Commodities in Saskatoon on the relative strength in the market. Good export demand, together with weather […] Read more
CBOT soybeans nearing resistance
Reading Time: 2 minutes CNS Canada — Chicago Board of Trade soybean contracts moved higher during the week ended Wednesday, but are running into upside resistance as a number of bearish factors overhang the market. “Over the short term (soybeans) will be very choppy, but over the medium and long-term I’m still bearish,” said analyst Terry Reilly of Futures […] Read more
Prairie farmland market still strong, but slowing down
Reading Time: 2 minutes CNS Canada — Farmland values in Western Canada remain strong, but aggressive activity in recent years is showing signs of slowing down as difficulty moving grain this winter takes its toll on prospective buyers. “There are still definitely buyers, especially for the better quality properties, but maybe the enthusiasm has been dampened somewhat,” said Grant […] Read more
Prairie wheat bids up with U.S. futures
Reading Time: 2 minutes CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPRS) and Canadian Western Red Spring (CWRS) wheat moved higher over the past week, as weather worries in the U.S. Plains and uncertainty over Black Sea grain movement boosted U.S. futures. Average spot bids on Monday for CWRS (13.5 per cent protein) across […] Read more
ICE weekly outlook: Canola balance shifting higher
Reading Time: < 1 minute CNS Canada –– Canola futures on the ICE Futures Canada platform held relatively rangebound during the week ending Wednesday, but were slightly stronger overall. The nearby trend has shifted higher for canola, as the logistics issues that have limited grain movement over the winter start to show signs of clearing up. “We have tipped the […] Read more
Wheat bids edge up with futures, but basis still wide
Reading Time: < 1 minute CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPSR) and Canada Western Red Spring (CWRS) wheat moved higher over the past week, with continued strength in the U.S. futures providing some support. Average spot bids on Monday for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at […] Read more
Canadian spot wheat bids jump with U.S. futures
Reading Time: < 1 minute CNS Canada –– Western Canadian cash bids for Canada Prairie Spring Red (CPSR) and Canada Western Red Spring (CWRS) moved higher over the past week, with a bounce in U.S. futures behind much of the strength. Average spot bids on Monday for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at […] Read more
Prairie spot wheat bids weaken, but basis improves
Reading Time: < 1 minute CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPRS) and Canada Western Red Spring (CWRS) moved lower over the past 10 days as U.S. futures ran into upside resistance. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at around $169 per tonne, or […] Read more
ICE weekly outlook: Canola bears lacking fresh news
Reading Time: < 1 minute CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ending Wednesday as the market continued to see a modest correction off of lows hit earlier in the month. “The longer-term trend still remains pointed lower, but we’ve had a correction,” said Jerry Klassen, manager of GAP SA Grains and Produits in […] Read more
A message from April Stewart, Country Guide's Associate Editor
