Spring Wheat, Agriculture News & Resources

Crops, Markets, Spring Wheat, Winter Wheat

U.S. wheat futures entering neutral territory

By Phil Franz-Warkentin February 20, 2014

Reading Time: < 1 minute CNS Canada — All three U.S. wheat futures markets have posted good gains in recent weeks, after touching contract lows at the end of January. With improvements of 80 cents to a dollar per bushel off of the lows for Minneapolis, Kansas City and Chicago futures, wheat is now in neutral territory from both a […] Read more

Crops, Markets, Spring Wheat

Spot bids for Prairie wheat climb with U.S. futures

By Terryn Shiells February 18, 2014

Reading Time: < 1 minute CNS Canada — Cash bids for Canada Prairie Spring Red (CPSR) and Canada Western Red Spring (CWRS) wheat continued to move higher amid the ongoing short-covering rally seen in U.S. wheat futures during the week ending Tuesday. Average spot bids on Tuesday for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in […] Read more

Mexico-based global bakery giant Grupo Bimbo, whose mascot Osito Bimbo is shown here at a company event in Mexico in 2011, has reached an all-cash deal to buy Canada Bread for $1.83 billion. (GrupoBimbo.com)

Crops, Spring Wheat, Winter Wheat

Mexican bakery giant to buy Canada Bread

By Country Guide Staff February 12, 2014

Reading Time: 3 minutes The reported frontrunner to buy Canada Bread is now officially the Canadian bakery firm’s buyer of choice. Mexico’s Grupo Bimbo on Wednesday announced a cash deal to buy all shares of Canada Bread Co. for $72 per share, or about $1.83 billion, accruing mainly to Canada Bread’s 90 per cent owner, meat processor Maple Leaf […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids climb alongside U.S. futures

By Terryn Shiells February 10, 2014

Reading Time: 2 minutes CNS Canada –– Western Canadian cash bids for Canada Prairie spring red (CPSR) and Canada Western red spring (CWRS) wheat moved higher, following the sharply stronger U.S. wheat futures markets during the week ending Monday. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at around $168 per […] Read more

Crops, Markets, Reuters, Spring Wheat

Japan ramps up U.S., June Canada wheat buys to offset delays

By Reuters February 6, 2014

Reading Time: 2 minutes Tokyo | Reuters — Japan ramped up its purchases of U.S. grains and June-arrival Canadian wheat used for making bread and noodles, in a tender awarded on Thursday, in a move to offset the possibility of extended shipping delays from Canada. Canada’s record canola and wheat harvests have clogged its rail arteries and overwhelmed its […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

U.S. wheat futures correct higher

By Phil Franz-Warkentin February 4, 2014

Reading Time: 2 minutes CNS Canada — All three U.S. wheat futures markets are finally seeing a corrective bounce, after declining steadily since October. While how much higher wheat futures can move remains to be seen, the sharp gains this week could be seen as a sign that the downtrend is over for the time being. “We’re finally coming […] Read more

Crops, Markets, Spring Wheat

CPSR wheat bids weaken amid widening basis levels

By Terryn Shiells February 3, 2014

Reading Time: < 1 minute CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPRSR) wheat moved lower amid widening basis levels during the week ended Monday. Canada Western Red Spring (CWRS) bids, meanwhile, were holding steady. Prices for both varieties failed to follow the U.S. futures markets higher due to continued slow movement of the crop […] Read more

Corn, Crops, Markets, Reuters, Soybeans, Spring Wheat

U.S. grains: Soy jumps most in two weeks on tightening supplies

By Michael Hirtzer January 31, 2014

Reading Time: 2 minutes Corn gains second consecutive month, wheat down fourth month in row Chicago | Reuters — U.S. soybeans surged into the close of trading on Friday, finishing just below their session high and climbing for the second straight day on good demand for U.S. supplies in the early days of a bumper harvest in South America, […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Mixed price action seen in Prairie wheat markets

By Terryn Shiells January 28, 2014

Reading Time: < 1 minute CNS Canada — Western Canadian wheat cash bids were mixed during the week ending Monday. Canada Western Red Spring (CWRS) bids were down slightly, while Canada Prairie Spring Red (CPSR) held steady and durum prices were slightly higher. Average spot bids for CWRS at 13.5 per cent protein across Manitoba, Saskatchewan and Alberta came in […] Read more

Crops, Markets, Spring Wheat

Prairie wheat bids holding steady

By Terryn Shiells January 20, 2014

Reading Time: < 1 minute Western Canadian wheat cash bids and basis levels were holding steady along with the U.S. futures markets during the week ending Monday. Average spot bids for Canada Western Red Spring (CWRS) at 13.5 per cent protein across Manitoba, Saskatchewan and Alberta came in at around $160 per tonne ($4.36 per bushel) based on pricing available […] Read more

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Spring Wheat

U.S. wheat futures entering neutral territory

Spot bids for Prairie wheat climb with U.S. futures

Mexican bakery giant to buy Canada Bread

Prairie wheat bids climb alongside U.S. futures

Japan ramps up U.S., June Canada wheat buys to offset delays

U.S. wheat futures correct higher

CPSR wheat bids weaken amid widening basis levels

U.S. grains: Soy jumps most in two weeks on tightening supplies

Mixed price action seen in Prairie wheat markets

Prairie wheat bids holding steady

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