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Spring Wheat

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Crops, Markets, Spring Wheat

Prairie cash wheat: Harvest pressure, falling U.S. futures weigh on bids

Canadian dollar up on the week

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MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday, as seasonal harvest pressure and losses in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5.30-$8 per tonne across the Prairies, according to price quotes from a cross-section of […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Spring wheat bids mixed, durum lower

StatCan raises projections for spring wheat harvest

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MarketsFarm — Bids for Western Canadian spring wheat were on both sides of unchanged while those for durum were lower for the week ended Thursday. Statistics Canada (StatCan) released its model-based principal field crop production estimates on Thursday, presenting a tightening wheat crop compared to that from 2022-23. All-wheat production was projected at 29.8 million […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Prices for reds rise, amber eases back

Harvest pressure, Canadian dollar also factors

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MarketsFarm — Wheat on the Canadian Prairies was mixed for the week ended Thursday, with gains for Canada Western Red Spring and Canada Prairie Spring Red wheats, while Canada Western Amber Durum slipped back. Kansas City winter wheat and Minneapolis spring futures were higher on the week to provide support for Canadian cash prices, but […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Bids, futures take tumbles

Canadian dollar sees slight gain on week

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MarketsFarm — Western Canadian wheat bids were lower throughout during the week ended Thursday, with Canada Western Red Spring wheat seeing the largest declines. Statistics Canada (StatCan) released its first model-based production estimates for 2023-24 on Tuesday. Based on data compiled up to July 31, StatCan estimated total Canadian wheat production at 29.472 million tonnes, […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Spring wheat bids drop with U.S. futures

Crop concerns supportive for durum

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MarketsFarm — Spring wheat bids in Western Canada fell in sympathy with U.S. futures during the week ended Thursday, although durum climbed higher on the back of production concerns in key durum-growing areas of southern Saskatchewan. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $7.60-$9.70 per tonne across […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Bids run mixed to higher

Domestic wheat yields now a question mark

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MarketsFarm — Bids for Canada Western Red Spring (CWRS) wheat were mixed for the week ended Aug. 10, while those for Canada Prairie Spring Red (CPSR) and durum were on the rise. Scattered showers brought moisture across the Prairies, but attention has now turned to harvesting a wheat crop greatly affected by hot and dry […] Read more
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Cereals, Corn, Crops, Markets, Soybeans, Spring Wheat

CBOT weekly outlook: August forecasts pulling prices down 

Wheat prices went down during the week despite Russia’s withdrawal from Black Sea deal

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MarketsFarm – Recent weather forecasts for much of the United States put pressure on grain prices on the Chicago Board of Trade (CBOT) during the week ended Aug. 2.  Cooler and wetter conditions are expected for the U.S. Midwest during the first half of August, which could help stabilize corn and soybean crops affected by […] Read more
Photo: Reuters
Cereals, Crops, Spring Wheat

NFU claims victory for wheat producers after CGC reversal

The changes would've seen the export grade standard applied to deliveries to country elevators

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The National Farmers Union (NFU) is calling a reversal of wheat-grading changes a “tremendous success for farmers,” according to news release, Friday. On Friday morning, the Canadian Grain Commission repealed upcoming grading changes in response to complaints from producer groups. In a news release, the CGC simply stated it was repealing the alignment of primary […] Read more
 PHOTO: Laura Rance
Crops, General, Spring Wheat

CGC repeals grading changes in response to producer complaints

The new regulations would have seen export grade standards applied to deliveries to country elevators

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Days before implementation, the Canadian Grain Commission repealed grading changes in response to complaints from producer groups. In a news release, Friday, the CGC simply stated it was repealing the alignment of primary and export tolerances for test weight and total foreign materials for Canada Western Red Spring, Canada Western Hard White Spring, Canada Western Extra […] Read more
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Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: durum soars as red spring falls back

Steep increases following Russian attacks on Ukrainian ports were gone by mid-week

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MarketsFarm – There were sharp increases in durum across Western Canada for the week ended July 27, while spring wheat incurred small to moderate declines. There were gains in Minneapolis spring wheat, while Kansas City and Chicago winter wheat contracts slipped back. At the beginning of the week there were steep increases for wheat as […] Read more

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