Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Thursday, with gains in some classes and losses in others as the domestic market reacted to adverse harvest weather and mixed activity in U.S. futures. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up by $4-$5 per […] Read more
Cash wheat bids: CWRS up with U.S. futures, improved basis
Prairie cash wheat: CWRS down, durum up
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed for the week ended Thursday. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats saw losses, while Canada Western Amber Durum (CWAD) saw gains. The Canadian dollar was higher for most of the past week, topping off at 75.55 U.S. cents on Tuesday, […] Read more
U.S. grains: Minneapolis, K.C. wheat futures rise
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Monday, rebounding from a sharp drop on Friday, on fresh export deals with China and rising concerns that rains in the U.S. Midwest could lower crop quality just ahead of harvest, traders said. The adverse weather also supported corn futures while wheat futures were mixed. The […] Read more
Cash wheat: Bids up with U.S. futures, weak loonie
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
Cash wheat: Bids get support from U.S. gains
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were higher for the week ended Thursday, with gains in CWRS, CPSR and CWAD wheats in all locations. The Canadian dollar was up by more than a 10th of a cent on the week, which tempered gains. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat […] Read more
U.S. grains: Wheat sags on abundant global supplies
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade (CBOT) soft red winter wheat futures fell to three-month lows on Tuesday while U.S. hard wheat futures hit their lowest levels in a decade, pressured by ample world supplies and strong export competition, analysts said. Corn futures fell to life-of-contract lows on mild crop weather that bolstered […] Read more
Cash wheat: Western Canadian bids mixed
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed for the week ended Thursday. Small gains and marginal losses were observed in CWRS, CPSR and durum wheats. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were down $3-$5 per tonne at most locations. The outlier was in northwestern Saskatchewan, where prices […] Read more
Western Canada’s cash wheat bids mixed
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed for the week ended Thursday, with minute gains and larger losses in CWRS, CWAD and CPSR wheats in all locations. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up by 50 cents to down by $1 per tonne. The outlier was […] Read more
Cash wheat: Bids mixed, watching futures and currency
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were narrowly mixed during the week ended Thursday, with losses in U.S. futures countered by support from a softer Canadian dollar. The Canadian dollar was down by roughly a third of a cent relative to its U.S. counterpart, while the futures were all lower following bearish U.S. Department […] Read more
Cash wheat: Prices stronger in varying degrees
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were generally up for the week ended Aug. 8, with gains in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats in all locations. Durum (CWAD) was either side of steady, depending on location. The Canadian dollar was down by almost a quarter of a […] Read more
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