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Prairie cash wheat: Prices a mixed bag across West

U.S. wheat futures down on week

Reading Time: 2 minutes MarketsFarm — Wheat prices on the Canadian Prairies for the week ended Thursday were mixed as CWRS wheat was either side of unchanged and CPSR was down slightly. Meanwhile, durum made modest gains. Declines in the U.S. wheat complex put pressure on western Canadian cash prices, but those declines were countered by a weaker Canadian […] Read more

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Prairie cash wheat: U.S. futures drag on bids

Futures drop to multi-month lows

Reading Time: 2 minutes MarketsFarm — Wheat futures on the Chicago Board of Trade (CBOT) hit multi-month lows, which put pressure on Western Canadian wheat bids, during the week ended Thursday. Despite tighter wheat supplies in the U.S. and worldwide compared to last year, as well as the ongoing Russian invasion of Ukraine, wheat futures reached depths which weren’t […] Read more


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Prairie cash wheat: Bids drop with U.S. futures

Canadian dollar also down on week

Reading Time: 2 minutes MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday, as U.S. wheat futures posted losses — although softness in the Canadian dollar did provide some underlying support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3.50-$6.40 per tonne across the Prairies, according […] Read more

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Prairie cash wheat: Bids steady following Ukraine volatility

U.S. wheat futures up on week

Reading Time: 2 minutes MarketsFarm — A roller-coaster type of week for grain markets, fuelled by the ongoing conflict between Ukraine and Russia, ended with slightly higher bids for western Canadian wheat for the week ended Thursday. As optimism grew over the renewal of Russia’s agreement to allow Ukrainian grain shipments on the Black Sea, wheat futures on the […] Read more


A farmer in China piles wheat.  Photo: Reuters/File

China top destination for Canadian wheat through two months

Reading Time: < 1 minute MarketsFarm – China was the main destination for Canadian wheat through the first two months of the 2022/23 (Aug/Jul) marketing year, according to the latest trade data from Statistics Canada. Canada exported 534,000 tonnes of wheat to China in August and September, accounting for about 20 per cent of Canada’s total wheat exports-to-date. Japan, Bangladesh […] Read more

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Prairie cash wheat: Bids dip with U.S. futures

Loonie down 0.4 U.S. cent on the week

Reading Time: 2 minutes MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday, as losses in U.S. futures and a firmer tone in the Canadian dollar weighed on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $2-$4.50 per tonne during the week, according to price quotes […] Read more


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Prairie cash wheat: Prices swing higher on U.S. gains

Canadian dollar down on week

Reading Time: 2 minutes MarketsFarm — Wheat prices on the Canadian Prairies were higher for the week ended Thursday. As Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats had modest upticks, Canada Western Amber Durum (CWAD) incurred double-digit increases. Gains in the U.S. wheat complex provided support, with a weaker Canadian dollar also underpinning values. […] Read more

A combine unloads wheat on the outskirts of Ahmedabad in western India on March 16, 2022. (Photo: Reuters/Amit Dave)

India allows exports of wheat flour processed from imported grain

Reading Time: < 1 minute New Delhi | Reuters — India has allowed export-oriented units and the firms set up in special economic zones to export flour made from imported wheat, a government order said on Friday, conceding to the demands of food processors to allow shipments of value-added products. India will allow food processors to import duty-free wheat against […] Read more


Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Barley values steady, wheat rises

Reading Time: < 1 minute MarketsFarm — As the harvest across most of the Prairies begins to wind down, price movement for feed barley has remained fairly stable, according to Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “October is getting covered is what’s happening. There’s not too much room left for October,” Harakal said, noting the midway […] Read more

Fresh bread in Egypt. (Goldream/iStock/Getty Images)

Egypt’s private sector wheat imports stall due to dollar shortage

"We are in the red zone"

Reading Time: 2 minutes Cairo | Reuters — The price of wheat and flour used to make unsubsidized bread has spiked in Egypt as importers struggle to pay for wheat stuck at ports amid a dollar shortage, traders and the country’s chamber of cereals told Reuters this week. Around 700,000 tonnes of wheat haven’t been released from customs, causing […] Read more