Reading Time: 2 minutes MarketsFarm — Bids for Canada Western Red Spring (CWRS) and Canada Western Amber Durum (CWAD) wheats dropped while those for Canada Prairie Spring Red (CPSR) wheat made their way upward during the week ending Wednesday. Wheat futures in the U.S. were mixed, while the Canadian dollar rose. The market reacted to both the prospective plantings […] Read more

Prairie cash wheat: Bids mixed as loonie jumps

Prairie cash wheat: Lower U.S. prices, weaker loonie generate mixed results
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Thursday, with Canada Western Red Spring (CWRS) bids down and Canada Prairie Spring Red (CPSR) steady to higher. Bids for Canada Western Amber Durum (CWAD) were also higher on the week. Price changes in U.S. wheat markets guided the gains and losses […] Read more

Prairie cash wheat: Bids track rally in U.S. futures
Loonie up by a third of a cent on the week
Reading Time: 2 minutes MarketsFarm — Spring wheat bids in Western Canada climbed higher during the week ended Thursday, as a rally in U.S. futures more than countered any bearish influence from a rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $11.50-$13 per tonne, according to price quotes from […] Read more

Prairie cash wheat: Prices mixed
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were across the board during the week ended Thursday. Canada Western Red Spring (CWRS) wheat was mixed, Canada Prairie Spring Red (CPSR) was higher and Canada Western Amber Durum (CWAD) lower. Gains in U.S. wheat markets provided support while strength in the Canadian dollar weighed on values. Average […] Read more

Prairie cash wheat: Bids mixed
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Thursday, with Canada Western Red Spring (CWRS) wheat mostly stronger while losses were seen in Manitoba. Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats were on either side of unchanged. Average CWRS (13.5 per cent protein) wheat prices […] Read more

Grain Farmers of Ontario to wind down wheat pool
Programs to end after 2020 marketing year
Reading Time: 2 minutes The remnants of Ontario farmers’ former single wheat marketing desk are set to disappear at the end of the 2020 crop marketing year. Grain Farmers of Ontario, which inherited the pooling system from one of its heritage organizations, the Ontario Wheat Producers’ Marketing Board, announced Tuesday it will wind down its wheat pool and its […] Read more

Prairie cash wheat: Choppy U.S. futures lead to mixed bids
Reading Time: 2 minutes MarketsFarm — Spring wheat bids in Western Canada were mixed during the week ended Thursday, as choppy activity in U.S. futures spilled into the cash market. The futures traded within a wide range during the week, with the Minneapolis March spring wheat contract hitting its highest level in three weeks at one point before falling […] Read more

U.S. farmers seed more winter wheat as grain prices rally
Reading Time: 3 minutes Chicago | Reuters — U.S. farmers expanded seedings of winter wheat this autumn for the first time in eight years as strong demand and dry weather in several producing countries fuels higher prices for the grain, farmers and analysts said. Winter wheat, seeded in the Northern Hemisphere in autumn for harvest in June, is the […] Read more

Prairie cash wheat: Bids post small gains across most of West
Reading Time: 2 minutes MarketsFarm — Bids were steady to higher this week in Western Canada for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPRS) and Canada Western Amber Durum (CWAD) wheats. Gains in most U.S. wheat markets provided support as strength in the Canadian dollar kept a lid on further gains. Average CWRS (13.5 per cent […] Read more

Prairie cash wheat: Bids mostly lower
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Thursday, with losses observed in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats. Canada Western Amber Durum (CWAD) wheat was steady to higher. Average CWRS (13.5 per cent protein) wheat prices were down $2-$4 per tonne, according to […] Read more