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Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids mixed headed into long weekend

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MarketsFarm — Despite projections that Canada will have a large wheat harvest this year, Western Canadian wheat bids were mixed for the week ended Thursday, largely due to a weakening Canadian dollar. Statistics Canada (StatCan) on Monday released its satellite imagery-based July principal field crop production estimates, which projected a total wheat harvest of 34.6 […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Bids fall sharply lower

U.S. wheat futures, Canadian dollar down on week

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MarketsFarm — Spring wheat bids in Western Canada dropped sharply lower during the week ended Thursday, as losses in U.S. futures weighed on values. Increased grain movement out of Ukraine, as more vessels were finally shipping corn and wheat out of Black Sea ports, contributed to the selling pressure in the futures that spilled into […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Bids show some strength

U.S. wheat futures, loonie up on week

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MarketsFarm — Spring wheat bids in Western Canada moved higher during the week ended Thursday, taking back most of the losses from the previous week as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $12-$15.50 per tonne during the week ended Thursday, […] Read more
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Reuters, Spring Wheat

Good weather, moisture boost northern North Dakota spring wheat prospects

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Devil’s Lake, N.D. | Reuters – Good weather and rains lifted spring wheat yields across northwest and north central North Dakota, although the lagging maturity of the late-planted crop may limit harvest prospects in the top producer of the high-protein grain, scouts on an annual tour said on Wednesday. Crop scouts estimated the average yield […] Read more
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Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids trend lower with U.S. futures

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MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Friday, as losses in U.S. futures more than countered the supportive influence of the weakening Canadian dollar. Seasonal harvest pressure contributed to the declines, as the U.S. winter wheat harvest progressed northward. Average Canada Western Red Spring (CWRS, 13.5 per cent […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Spring Wheat, Winter Wheat

Larger spring wheat crop expected in U.S.

USDA expects reduced total worldwide wheat crop

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MarketsFarm — Early indications point to a much larger spring wheat crop in the United States in 2022 compared to the drought-stricken 2021 crop despite the late seeding, according to the latest production estimates from the U.S. Department of Agriculture. In USDA’s first official production estimates of the growing season breaking out the different wheat […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Prices take a hard hit

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MarketsFarm — Wheat prices on the Canadian Prairies were down hard for the week ended Thursday. Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats incurred sharp losses as prices tumbled in U.S. markets. Additional pressure came from Statistics Canada’s report on planting intentions for 2022-23. The […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn, soybeans, wheat plunge as economic worries rise

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Chicago | Reuters – U.S. corn, wheat and soybean futures plummeted on Thursday, as investor fears of an economic downturn and improved sentiment over U.S. crops shifted attention from war disruption to Black Sea exports. Wheat futures Wv1 sank to their lowest level since March 1, soybeans Sv1 hit their lowest since May 11 and corn Cv1 hit its lowest since […] Read more

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