GFM Network News





Prairie cash wheat: Depending on variety, bids a mixed bag

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada varied for the week ended Thursday. Canada Western Red Spring (CWRS) wheat was mixed, while Canada Prairie Spring Red (CPSR) was stronger, and durum (CWAD) steady to slightly higher. The Canadian dollar lost about a half cent during the week. Average CWRS (13.5 per cent protein) wheat prices […] Read more



Prairie cash wheat: Rising futures underpin bids

Reading Time: 2 minutes MarketsFarm — Hard red spring wheat bids in Western Canada posted solid gains during the week ended Thursday, taking some direction from rising U.S. wheat futures. Average Canada Western Red Spring (CWRS, 13. 5 per cent protein) wheat prices were up by $5-$7.50 per tonne, according to price quotes from a cross-section of delivery points […] Read more

ICE weekly outlook: Canola gives back gains at midweek

Reading Time: < 1 minute MarketsFarm — Canola was bolstered by strong trade activity and profit-taking at midweek, though values remained rangebound. As of Wednesday, 144,500 canola contracts had traded hands, with the most activity concentrated in the January/March contracts. Spreading accounted for 124,790 contracts traded, which is about 86 per cent of the activity. Keith Ferley of RBC Dominion […] Read more





Prairie cash wheat: CWRS prices up, durum largely down

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly steady to higher for the week ended Thursday. There were gains for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat. However, Canada Western Amber Durum (CWAD) wheat was steady to lower. The Canadian dollar gained six-10ths of a cent during the week. […] Read more

Prairie cash wheat: Improved basis underpins bids

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly higher during the week ended Thursday, as basis levels improved in most locations. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed during the week, with a steady to softer tone in Manitoba while Saskatchewan and Alberta saw gains of $1-$3 […] Read more