Reading Time: 3 minutes CNS Canada — Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were weaker during the week ended Friday, as U.S. futures markets plunged once again. Average CWRS wheat prices were down by C$7 to $26 per tonne over the week, with bids ranging from about $203 per tonne in the Peace region […] Read more
Prairie CWRS cash bids soften, durum drops sharply
Prairie cash wheat prices down but durum bids up
Average CWRS wheat prices were down by $7 to $12 per tonne over the week
Reading Time: 2 minutes Commodity News Service Canada — Spring wheat cash bids across Western Canada moved lower during the week ended July 17, as losses in the U.S. futures and improving weather conditions in some parts of the Prairies weighed on values. However, durum was the one bright spot from a pricing standpoint, with declining Canadian crop prospects […] Read more
Canola replanting may hinder winter wheat seeding
Reading Time: 2 minutes CNS Canada — With canola as the preferred stubble choice into which to seed winter wheat in Western Canada, it’s possible farmers will run into problems seeding this fall due to vast canola reseeding in early June. “The crop insurance said there was over a million acres reseeded (in Manitoba), and when you reseed, unless […] Read more
Farmers play last card in planned CWB class action
Reading Time: 3 minutes One claim remaining from an unsuccessful bid at a class action suit by four Prairie farmers, over payouts to producers from the former Canadian Wheat Board, will be the farmers’ basis for a new filing. The four farmers, whose previous proposed class action was dismissed with costs in April by the Supreme Court of Canada, […] Read more
CWRS bids mixed, CPSR weakens with U.S. futures
Reading Time: 3 minutes CNS Canada — Cash bids for Canada Western Red Spring (CWRS) bids were mixed during the week ended Friday, as prices in Manitoba and Saskatchewan followed U.S. futures lower, but basis levels in Alberta saw some improvements due to unfavourable dry growing conditions. Average CWRS wheat prices were anywhere from C$6 per tonne lower to […] Read more
Wheat near done flowering, prices could also bloom
Reading Time: 2 minutes CNS Canada –– Weather-related issues ranging from floods to drought have been putting wheat crops at risk globally, bringing potential for prices to move higher. Traders are watching to see how the crop in Canada will shape up, given recent dryness in the West, according to Jonathon Driedger, senior market analyst at FarmLink Marketing Solutions. […] Read more
Prairie wheat bids mostly higher with U.S. futures
Reading Time: 3 minutes CNS Canada — Cash bids for western Canadian wheat were mostly higher during the week ended Friday, with gains in U.S. futures providing some support. Average Canada Western Red Spring (CWRS) wheat prices were anywhere from C$2 per tonne lower to as much as $10 per tonne higher, with bids ranging from about $231 per […] Read more
Canterra, Limagrain plan cereal breeding j.v.
Reading Time: 2 minutes Canada’s recent moves to tighten protections of plant breeders’ rights are getting the credit for encouraging a new private-sector joint venture in cereal seed development for the Prairie market. Canterra Seeds and French farmer co-operative Limagrain on Thursday announced they would further tie up their wheat variety commercialization work through a new joint seed breeding […] Read more
U.S. wheat futures seen stalling
Reading Time: < 1 minute CNS Canada –– U.S. wheat futures posted solid gains over the month of June but appear to be stalling out in the early days of July as the market looks for more fresh supportive news. “The bull needs to be fed every day, and right now it’s not getting anything to keep it going,” said […] Read more
Prairie wheat bids up sharply with weather worries
Reading Time: 3 minutes CNS Canada — Cash bids for Prairie wheat were up sharply during the week ended Friday, as weather worries in North America resulted in improved basis levels and pushed U.S. futures sharply higher. Parts of Western Canada are too dry, harming production, while excess moisture in the U.S. is increasing disease pressure and slowing the […] Read more
A message from April Stewart, Country Guide's Associate Editor
