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Winter Wheat

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Crops, Markets, Spring Wheat, Winter Wheat

CBOT weekly outlook: Wheat futures underpinned for now

However, traders still watching headlines

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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
(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids surge on U.S. gains, weaker loonie

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were significantly higher for the week ended Thursday on gains in U.S. markets coupled with a weaker Canadian dollar. Canada Prairie Spring Red (CPSR) wheat saw the largest increases, with bids up by more than $20 per tonne. Increases for Canada Western Red Spring (CWRS) wheat were in […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Weaker loonie battles lower U.S. futures

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada for the week ended Thursday saw prices for Canada Western Red Spring (CWRS) wheat on either side of steady. Prices for Canada Prairie Spring Red (CPSR) saw a greater range of losses and gains, while prices for Canada Western Amber Durum (CWAD) were steady to higher. There was […] Read more
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids mostly weaker on U.S. price declines

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Reading Time: 2 minutes MarketsFarm — Bids in Western Canada for the week ended Thursday were steady to lower for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and durum (CWAD) wheats, as declines in U.S. wheat prices weighed on values. The Canadian dollar was up two-10ths of a U.S. cent during the week, which also put […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

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

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Reading Time: 2 minutes MarketsFarm — Hard red spring wheat bids in Western Canada moved lower during the week ended Thursday, as a sell-off in U.S. futures weighed on prices. Concerns that the Wuhan coronavirus would lead to a slowdown in the global economy accounted for some of the broad speculative selling that weighed on most grain markets during […] Read more
File photo of an Alberta wheat field. (ImagineGolf/E+/Getty Images)
Crops, Markets, Spring Wheat, Winter Wheat

IGC calls for more wheat despite lowering global forecast

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Reading Time: < 1 minute MarketsFarm — At close to 1.03 billion tonnes, there’s going to be more wheat in the world in 2019-20 than in the previous marketing year, according to the latest outlook from the International Grains Council (IGC). The London-based organization released its report on Jan. 23, in which it revised its previous forecast — but with […] Read more
MGEX March 2020 spring wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Spring Wheat, Winter Wheat

Confluence of bullish news sends wheat futures higher

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Reading Time: 2 minutes MarketsFarm — A number of factors have come together to underpin North American wheat prices, with more room to the upside after a rally in all three U.S. futures markets to start the week, according to an analyst. Chicago, Kansas City and Minneapolis wheat futures all started the week with double-digit gains. The Chicago and […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Cash wheat: Bids up with U.S. futures, weak loonie

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures, weakness in the Canadian dollar and concerns over harvest delays in Western Canada all provided support. The Canadian dollar was down by roughly a third of a cent relative to its U.S. counterpart on the week. […] Read more

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