Reading Time: < 1 minute Cash bids for Canada Western red spring (CWRS) wheat held relatively steady across Western Canada during the week ended April 29, while Canada Prairie red spring (CPRS) and durum posted gains. Average spot bids for 13.5 per cent CWRS on April 29 across Manitoba, Saskatchewan and Alberta came in at around C$287 per tonne ($7.81/bu.), […] Read more
CWRS bids steady in West; CPRS, durum rising
Lentil area likely to top early intentions
Reading Time: 2 minutes Improvements in lentil prices over the past month, together with the late start to spring planting, are expected to see more area go into the pulse crop than Statistics Canada indicated in its recent acreage intentions report. Based on a survey conducted in late March, StatsCan forecast lentil area in 2013 at 2.063 million acres, […] Read more
Prairie CWRS bids rise with U.S. futures
Reading Time: < 1 minute Cash wheat bids across Western Canada were steady to higher during the week ended April 22, with Canada Western red spring (CWRS) posting the largest gains in the spot market. Average spot bids for 13.5 per cent CWRS on Monday across Manitoba, Saskatchewan and Alberta came in at around C$286 per tonne, or $7.78 per […] Read more
Tight oat supplies keep bids supported on Prairies
Reading Time: 2 minutes Oat futures in Chicago and cash prices in Western Canada continue to hold up reasonably well as tight supplies underpin the commodity. After dropping in sympathy with the CBOT (Chicago Board of Trade) corn market in late March, oat futures have since recovered from those losses to trade at roughly the same levels seen a […] Read more
Late spring may sway some U.S. acres to sunflowers
Reading Time: < 1 minute A slow spring melt across North and South Dakota will delay seeding operations for sunflowers in the two states where the bulk of the U.S. crop is grown. However, actual area to sunflowers may end up beating early expectations, as it’s one cropping option that does well when seeded later, said an official with the […] Read more
Canola rangebound, awaiting direction
Reading Time: < 1 minute ICE Futures Canada canola contracts were rangebound during the week ended April 17, but managed to post gains overall, as solid end-user demand underpinned the old crop and the new-crop months reacted to the mounting concerns over possible planting delays in Western Canada. The direction the old-crop canola contracts take going forward will depend on […] Read more
Prairie wheat bids edge lower
Reading Time: < 1 minute Cash wheat bids across Western Canada were steady to lower during the week ending Monday, with both Canada Western red spring (CWRS) and Canada Prairie red spring (CPRS) wheat seeing some softness in the spot market. Average spot bids for CWRS at 13.5 per cent protein on April 15 across Manitoba, Saskatchewan and Alberta came […] Read more
Weather premiums building in U.S. wheat futures
Reading Time: 2 minutes Adverse weather conditions for both winter wheat in the southern U.S. Plains and spring wheat in the north are helping U.S. wheat futures show signs of turning higher, after drifting down for most of the winter, said a North Dakota-based analyst. Many winter wheat areas saw good amounts of precipitation over the past few months, […] Read more
Prairie wheat bids moving higher
Reading Time: < 1 minute Cash wheat bids across Western Canada recovered most of the previous week’s losses during the period ended April 8, with both Canada Western red spring (CWRS) and Canada Prairie red spring (CPRS) wheat bids posting advances, as a correction in the U.S. futures spilled into the Canadian market. Average spot bids for CWRS at 13.5 […] Read more
Mustard holding steady ahead of seeding
Reading Time: < 1 minute Mustard bids in Western Canada continue to hold up reasonably steady, and should remain firm as tightening old-crop supplies and the need to draw in acres this spring help the commodity ignore the ups and downs in competing commodities. “Mustard’s slow coming up, and it’s also slow coming down,” said Baine Fritzler of Sundwall Seed […] Read more