Reading Time: 5 minutes For many years, Prairie producers have heard about the advantages of winter wheat — high yields, less disease and weed pressure and early harvest. It’s also more duck-friendly — there’s no spring tillage to disturb their nests. That’s the pitch, but in recent years farmers haven’t been buying it. Statistics Canada reports Prairie winter wheat […] Read more
Getting winter wheat back on track
Insurance coverage for later seeding could help reverse the acreage decline
Feds to probe complaints of wheat gluten dumping
New duties on six countries' gluten imports might follow
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
Prairie cash wheat: Prices stabilize following tumultuous week
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
Prairie cash wheat: Loonie, U.S. prices trigger steep declines
U.S. wheat futures well down on week
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were significantly lower for the week ended Thursday. Those includes double-digit losses for Canada Western Red Spring (CWRS) wheat and Canada Prairie Spring Red (CPSR). Losses in Canada Western Amber Durum (CWAD) were relatively smaller. Pressure came from sharp losses in U.S. markets and equally sharp gains in […] Read more
Prairie cash wheat: Bids broadly lower
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were broadly lower during the week ended Thursday, with double-digit losses observed in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats. Canada Western Amber Durum (CWAD) had moderate declines. Average CWRS (13.5 per cent protein) wheat prices were down $7-$11 per tonne, according to […] Read more
Prairie cash wheat: Bids mixed
MGEX, K.C. wheats down on week
Reading Time: 2 minutes MarketsFarm — Spring wheat bids in Western Canada were mixed during the week ended Thursday, as the Minneapolis futures bounced around within a 15-cent per bushel range. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3 to up by $2 per tonne, according to price quotes from a […] Read more
Prairie cash wheat: Prices dip due to stronger loonie
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were down by varying degrees for the week ended Thursday. Canada Western Red Spring (CWRS) wheat was steady to lower, Canada Prairie Spring Red (CPSR) was down, and Canada Western Amber Durum (CWAD) slipped a few cents. Increased strength in the Canadian dollar weighed on values, while support […] Read more
Prairie cash wheat: Prices a mixed bag
U.S. futures, loonie down on week
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada saw gains and losses for the week ended Thursday, due to declines in U.S. markets and a lower Canadian dollar. Canada Western Red Spring (CWRS) wheat was mixed with some losses, but prices steady to higher in six of the Prairie regions. Canada Prairie Spring Red (CPSR) was […] Read more
Prairie cash wheat: Rising loonie cuts into bids
Reading Time: 2 minutes MarketsFarm — Hard red spring wheat bids in Western Canada lost ground during the week ended Thursday, as the bearish influence of a strengthening Canadian dollar more than offset supportive influence from gains in U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5.50-$10 per tonne, according to […] Read more
CBOT weekly outlook: Wheat futures underpinned for now
However, traders still watching headlines
Reading Time: < 1 minute MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of my comments come with a […] Read more
A message from April Stewart, Country Guide's Associate Editor
