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Improving basis boosts Prairie wheat bids

Reading Time: < 1 minute CNS Canada — Average bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat were stronger during the week ended Monday, as improving basis levels more than compensated for declines in U.S. futures. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in Monday at […] Read more

Durum prices, quality vary

Reading Time: 2 minutes CNS Canada — The Canadian durum crop is currently seeing a wide range in both crop quality and prices. “It looks like the prices are quite volatile,” said Jerry Klassen, manager of GAP SA Grains and Produits in Winnipeg. “They are quite variable between $7 per bushel to $8.50 per bushel.” This wide price range […] Read more


Prairie wheat bids up with U.S. futures, improving basis

Reading Time: 2 minutes CNS Canada — Average bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat were stronger during the week ended Tuesday, with improving basis levels and strength in U.S. futures behind the rise. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in Tuesday at […] Read more

Rain hits Ukrainian wheat quality

Reading Time: 2 minutes Kiev/Moscow | Reuters — Ukraine is set to produce more wheat for animal feed and less higher grade bread-making grain this year, as rain damage has shifted the global exporter’s quality balance, traders and analysts said. The altered backdrop is seen heaping further pressure on global prices, while also signalling tougher competition with other European […] Read more


GRAINS: U.S. soy drops on rain forecasts; wheat rises on export hopes

Reading Time: 2 minutes Reuters — U.S. soybean futures fell on Friday as forecasts for rain in the U.S. Midwest added to expectations the crop should pass through key stages of development without stress, traders said. “Weather forecasts continue to trend more and more beneficial as we enter the key soy development month,” said Matt Zeller, director of market […] Read more

GRAINS: Soybeans, wheat firm on strong exports; corn weakens on weather

Reading Time: 2 minutes U.S. soybean futures rose on Thursday on signs that demand will keep domestic supplies tight until harvest, while corn weakened due to forecasts for more crop-boosting rain in the U.S. Midwest, traders said. “The beans firmed up due to some speculators taking advantage of the weakness earlier in light of the very strong demand we […] Read more


W. Canada spring wheat, durum yields look second-biggest ever: crop tour

Reading Time: 2 minutes Reuters —  Western Canada spring wheat and durum yields this year look to fall from last year’s high levels, but the still bountiful production should offset some losses from flooded farms, leaders of a crop tour said on Thursday. The inaugural Cereals North America Canadian crop tour pegged spring wheat yield potential in the region […] Read more



ICE Canada canola drops following cash market sales

Reading Time: < 1 minute ICE Canada canola futures eased in early trading on Wednesday, pressured by some recent farmer sales, traders said. * Losses in U.S. soybean futures added further pressure to the market. * A weaker Canadian dollar, which boosts export interest, kept declines in check. * Scouts on Cereal’s North America Canadian crop tour found some spring […] Read more

Saskatchewan canola crop development variable: crop tour

Reading Time: 2 minutes CNS– The development of canola was clearly at varying stages of development in east central and southeast Saskatchewan during the third day of a crop tour organized by CWB (formerly the Canadian Wheat Board). On July 30, participants took a circuitous tour starting in Yorkton, then going northwest to Melfort, before once again heading south […] Read more