Reading Time: 2 minutes CNS Canada — Hard red spring wheat bids in Western Canada were mixed for the week ended Friday, as the Canadian dollar saw wide price swings during the course of the week. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $1 per tonne in […] Read more
Prairie wheat bids mixed with choppy loonie
Weather woes buoy U.S. wheat futures
Reading Time: 2 minutes CNS Canada — Wheat futures in the U.S. kicked off the week on a high note, following a weekend of adverse weather in key growing regions. That may provide a short-lived boost to cash prices in Canada, though the market has its own weather watch. Chicago Board of Trade wheat futures on Monday advanced close […] Read more
Weaker loonie underpins Prairie wheat bids
Reading Time: 2 minutes CNS Canada — Cash spring wheat and durum bids in Western Canada moved higher during the week ended Monday, as weakness in the Canadian dollar helped underpin basis levels. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up $1-$5 per tonne compared to the previous week. Average prices ranged from […] Read more
Prairie wheat bids tick downward
Reading Time: 2 minutes CNS Canada –– Spring wheat cash bids across Western Canada recorded minor losses during the week ended Friday. The declines were traced to weakness in U.S. futures and some minor strengthening in the Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down $3 per tonne, according to price […] Read more
Prairie wheat bids soften with U.S. futures
Reading Time: 2 minutes CNS Canada — Spring wheat cash bids across Western Canada softened during the week ended Friday, as a downturn in U.S. futures put pressure on prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by roughly $5 per tonne, according to price quotes from a cross-section of delivery points […] Read more
Prairie wheat bids tick down slightly
Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada softened slightly during the week ended Friday, as gains in the Canadian dollar put pressure on values. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down 50 cents to $1, with the exception of southern Alberta where they were up […] Read more
Prairie spring wheat bids rise with dry weather
Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada improved during the week ended Friday, with prices receiving support from dry weather conditions in Alberta and Saskatchewan. Weakness in the Canadian dollar, which fell from the US80-cent mark to the mid-77-cent range between April 29 and Friday, added to the upside. Depending on the […] Read more
Prairie spring wheat bids mixed amid opposing outside factors
Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada were narrowly mixed during the week ended Friday, with prices up slightly in some locations and down in others. Spillover from gains in U.S. futures was offset by the bearish influence of the rising Canadian dollar. Depending on the location, average Canada Western Red Spring […] Read more
Prairie spring wheat bids tick lower
Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada were slightly weaker during the week ended Friday, as the Canadian dollar gained ground relative to its U.S. counterpart. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by roughly $1 to $2.50 per tonne over the course of the […] Read more
Prairie spring wheat bids rise as loonie falls
Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Thursday, as weakness in the Canadian dollar helped prop up prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by $5-$8 per tonne over the course of the week, according to price quotes […] Read more
A message from April Stewart, Country Guide's Associate Editor
