Hard red spring wheat bids in Western Canada softened during the week ended June 12, as losses in the United States futures and strength in the Canadian dollar weighed on values.
Wheat
Prairie wheat bids dip with U.S. futures, rising loonie
Durum narrowly mixed
U.S. grains: Soybeans hit 1-wk low on demand worries; wheat sags, corn firms
U.S. soybean futures fell to one-week lows on Thursday as weak domestic cash markets, poor weekly export sales and worries about the size of U.S. biofuel mandates raised fears about demand for the oilseed, brokers said.
Sporadic rains lead to varied crop development in Saskatchewan
Seeding 100 per cent complete
Rains were welcome across much of Saskatchewan during the week ended June 9, but topsoil moisture levels declined and crop damage was a concern in areas that missed out on the precipitation, said the latest provincial crop report.
U.S. grains: Soy, corn futures retreat on weather as US-China optimism cools
Chicago Board of Trade soybean and corn futures drifted lower on Wednesday as initial optimism faded over the U.S. and China agreeing on the framework of a trade truce, and market players shifted their focus back to benign crop weather, analysts said.
CBOT Weekly: ‘Not looking for any fireworks’ in June WASDE
Report unlikely to have notable changes
Do not expect any major changes in the June supply and demand report from the United States Department of Agriculture, said Terry Reilly, senior agricultural specialist for Marex.
Manitoba crops 99 per cent planted
Five points ahead of average
Seeding operations across Manitoba largely wrapped up during the week ended June 10, with 99 per cent of intended acres in the ground, according to the latest provincial crop report. That was up four points from the previous week and compares with the five-year average of 94 per cent done.
U.S. grains: Wheat futures sag on crop rating boost; corn, soybeans firm
Chicago wheat futures fell to their lowest level in more than a week on Tuesday as improving U.S. crop condition ratings and seasonal pressure overshadowed early harvest delays and drought in Russia, traders said.
Canadian Wheat Research Coalition funds AAFC variety development
The Canadian Wheat Research Coalition has pledged nearly $20 million in funding for wheat variety development over the next three years.
U.S. grains: Wheat retreats on harvest pressure; corn, soybeans end lower
U.S. wheat futures fell about two per cent on Monday on seasonal pressure from the start of the Northern Hemisphere winter wheat harvest and corn futures sagged on mostly favorable crop weather, traders said.
U.K. wheat output to swing higher in 2025/26
Wheat production fell last year for several reasons
Wheat production in the United Kingdom is forecast to turn around in 2025/26 after falling back the previous year, the United States Department of Agriculture reported on June 9.
Canadian Cattlemen Presents: Depth of Field
