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Spring Wheat

(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Rising loonie cuts into bids

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MarketsFarm — Hard red spring wheat bids in Western Canada lost ground during the week ended Thursday, as the bearish influence of a strengthening Canadian dollar more than offset supportive influence from gains in U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5.50-$10 per tonne, according to […] Read more
(Gelmold/iStock/Getty Images)
Crops, Markets, Spring Wheat, Winter Wheat

CBOT weekly outlook: Wheat futures underpinned for now

However, traders still watching headlines

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MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of my comments come with a […] Read more
Barley. (Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Grain prices mostly steady through market turmoil

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MarketsFarm — Despite commotion in markets due to economic impact from the COVID-19 coronavirus pandemic, feed grain prices have been steady, according to Nelson Neumann of Agfinity in Edmonton. Feed prices were in a steady decline since the cold snap around the beginning of January, he said. “This week/last week, we haven’t seen the price […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Spring wheat drops, durum steady

MGEX, CBOT, K.C. May wheats down on week

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MarketsFarm — Prairie wheat bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat were lower for the week ended Thursday, following losses in U.S. futures. Canada Western Amber Durum (CWAD) largely held steady, buoyed by a weaker Canadian dollar, which lost about six-10ths of a cent. Average CWRS (13.5 per […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Bids pressured by lower demand

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MarketsFarm — Feed grain prices have remained soft, as feedlots in Western Canada are covered for the foreseeable future. Last week, prices for feed barley and feed wheat delivered in Lethbridge were around $230 per tonne, but have come down by about $10 since then, according to Allan Pirness of Market Place Commodities. While these […] Read more
Motorcyclists queue for fuel at a station in Khartoum on Feb. 10, 2020.(Photo: Reuters/Mohamed Nureldin Abdallah)
Crops, Reuters, Spring Wheat

Sudan to continue to subsidize bread but with ‘justice’

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Khartoum | Reuters — Sudan will continue to subsidize bread prices during transitional rule after Omar al-Bashir’s ouster but wants to achieve “justice” in distributing income supports, its trade and industry minister said on Wednesday. Bread shortages, caused by difficulties in raising hard currency to import wheat, triggered mass protests which — with the help […] Read more

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