Reading Time: 2 minutes MarketsFarm — Canadian grain exports from licensed facilities are running well behind the previous year’s pace, due primarily to a sharp reduction in movement to China, according to latest monthly data from the Canadian Grain Commission. Total exports at Dec. 31 of grain, oilseed and pulse crops for the 2019-20 crop year to date came […] Read more
Poor Chinese demand a setback for grain exports
Prairie cash wheat: Bids fall with U.S. futures
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
Prairie cash wheat: Bids generally higher
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada for the week ended Thursday were up for CWRS and CPSR, while durum (CWAD) bids were mostly higher. The Canadian dollar was down by more than a half cent during the week. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices ranged from up $3-$5 […] Read more
Tighter supplies, solid demand underpin durum bids
Reading Time: 2 minutes MarketsFarm — Tighter global supplies are keeping the Canadian durum market well supported this winter, with firmer prices likely when the Port of Thunder Bay reopens for the spring. “We’re seeing a very strong export demand for durum,” said Jerry Klassen, manager of Canadian operations for Swiss-based GAP S.A. Grains and Products in Winnipeg. Canada […] Read more
Prairie cash wheat: Bids mostly lower
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly lower for the week ended Friday. Losses were observed in Canada Western Red Spring Wheat (CWRS) and Canada Prairie Spring Red (CPSR), with durum (CWAD) slightly higher. Average CWRS (13.5 per cent protein) wheat prices were down by about 50 cents to $1 per tonne, according […] Read more
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: Bids rise over holidays
Reading Time: 2 minutes MarketsFarm — Hard red spring wheat bids in Western Canada posted solid gains during the two-week holiday period ended Thursday, as gains in U.S. futures more than made up for the bearish influence of the rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $5-$9 per […] 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
Prairie cash wheat: Mid-December bids mixed
Reading Time: 2 minutes MarketsFarm — Hard red spring wheat bids in Western Canada were mixed during the week ended Thursday, with small gains in some areas and small losses in others as the market adjusted in a narrow range. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by as much as $2 […] 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
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