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Spring Wheat

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices stronger after harvest

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Reading Time: < 1 minute MarketsFarm — Feed grain prices have been higher as the harvest has concluded across most of the Canadian Prairies. “It feels like last week and this week, the harvest has wrapped up in many areas,” said Allen Pirness, a trader with Market Place Commodities in Lethbridge. “That should switch the focus for getting the crop […] Read more
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids trend higher

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Reading Time: 2 minutes MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Friday, taking some direction from U.S. futures. Midweek strength in the Canadian dollar had pressured basis levels, but the currency retreated to be relatively unchanged on the week. Average Canada Western Red Spring (13.5 per cent protein) wheat prices were […] Read more
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices gain strength

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Reading Time: < 1 minute MarketsFarm — Harvest activity in the western Canadian Prairies had depressed feed grain prices at the end of August, but prices have recovered slightly. “There’s been a bit of a break in harvest activity,” Allen Pirness of Market Place Commodities in Lethbridge said. Producers in southern Alberta had been harvesting barley at the end of […] Read more
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Gains for CWRS, CPSR as durum drops

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats the week ended Thursday. However, prices for Canada Western Amber Durum (CWAD) dropped. Support came from significant increases in Chicago, Minneapolis and Kansas City wheat futures, but a stronger Canadian dollar held back […] Read more
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Grain prices soften into fall

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Reading Time: < 1 minute MarketsFarm — Old-crop feed grain prices are converging with new-crop and coming under some seasonal pressure. “As we get closer to new crop, we’ve been seeing the switch to new-crop prices from old-crop,” said Erin Harakal, a senior trader with Agfinity in Lethbridge. Feed barley prices are around $195-$200 per tonne delivered in the Lethbridge […] Read more
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Increases for CWRS and CPSR, durum steady

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Reading Time: 2 minutes MarketsFarm — Cash wheat bids in Western Canada continued to build this week, on momentum from the previous week. Canada Western Red Spring (CWRS) and Canada Prairie Red Spring (CPRS) wheats saw price increases for the week ended Thursday. Meanwhile, prices for Canada Western Amber Durum (CWAD) held steady. Support came from increases in Chicago, […] Read more
Crops, Markets, Spring Wheat, Winter Wheat

Feds to probe complaints of wheat gluten dumping

New duties on six countries' gluten imports might follow

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Reading Time: 2 minutes Federal officials are launching a probe into whether wheat gluten from six countries is being dumped in Canada at prices undercutting the domestic product. The Canada Border Services Agency (CBSA) said Friday it’s launching an investigation to determine whether “certain wheat gluten” from Australia, Austria, Belgium, France, Germany and Lithuania is being sold at “unfair […] Read more
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Prices stabilize following tumultuous week

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were much more stable for the week ended Thursday than for previous week. After double-digit losses last week, Canada Western Red Spring (CWRS) wheat incurred only small losses, while Canada Prairie Spring Red (CPSR) experienced small gains. Canada Western Amber Durum (CWAD) went from a significant decline to […] Read more
Crops, Markets, Reuters, Spring Wheat

Options market operator buys last independent U.S. grain exchange

MIH makes deal to buy Minneapolis' MGEX

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Reading Time: 2 minutes Chicago | Reuters — Options exchange operator Miami International Holdings (MIH) will acquire the 139-year-old Minneapolis Grain Exchange, the last independent U.S. grain exchange, the organizations said in a statement on Friday. Best known for its flagship hard red spring wheat futures contracts, the MGEX, founded as the Minneapolis Chamber of Commerce in 1881, will […] Read more

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