Spring Wheat , Latest & Featured

Cash wheat: Western Canadian bids mixed

By Marlo Glass – MarketsFarm August 30, 2019

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

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: New-crop expectations weigh on bids

By Phil Franz-Warkentin August 29, 2019

MarketsFarm — Feed grain bids in Western Canada have trended lower over the past month amid expectations for large barley production and concerns over possible downgrades to wheat quality. “We’ve definitely seen (barley prices) soften up quite a bit,” said grain broker Nelson Neumann of Agfinity at Stony Plain, Alta. New-crop feed barley is trading […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Western Canada’s cash wheat bids mixed

By Marlo Glass – MarketsFarm August 23, 2019

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

Barley south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Old-, new-crop barley prices converge

By Marlo Glass – MarketsFarm August 22, 2019

MarketsFarm — Feed grains prices have been softening as old-crop and new-crop prices converge during harvest. Tracy Green, a grain broker with Market Master Ltd. in Edmonton, said Feedlot Alley is “well-covered” and waiting for harvest. However, buyers in central Alberta are seeing prices around $237 delivered for old-crop barley. For deliveries into Lethbridge for […] Read more

Canola, Crops, Markets, Spring Wheat

Canada boosts 2019-20 wheat production estimate

By Phil Franz-Warkentin August 21, 2019

MarketsFarm — Canadian wheat production in 2019-20 is forecast to come in at 500,000 tonnes above an earlier forecast, according to updated supply/demand tables released Wednesday from Agriculture and Agri-Food Canada. Wheat ending stocks were also raised in the report, while adjustments to the canola tables led a slight reduction to the still record-large carryout […] Read more

Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)

Crops, Markets, Spring Wheat

USDA attache to Canada predicts larger wheat crop

By MarketsFarm Team, GFM Network News August 16, 2019

MarketsFarm — A new report from the Ottawa-based attache to the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) has raised its estimate of total wheat production in Canada for 2019. The report Thursday from attache Phil Hayes increases FAS’s estimate of wheat production in Canada for 2019 to 32.65 million tonnes, compared to last […] Read more

Crops, Markets, Spring Wheat

Cash wheat: Bids mixed, watching futures and currency

By Phil Franz-Warkentin August 16, 2019

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

(Gonzalo Calle Asprilla/iStock/Getty Images)

Crops, Markets, Reuters, Spring Wheat

U.S. CFTC says Kraft, Mondelez to pay $16M in wheat price manipulation case

By Reuters August 15, 2019

Reuters — The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz and Mondelez International will have to pay US$16 million in penalty regarding a wheat manipulation case that dates back to 2015. Kraft Heinz, which was Kraft Foods until 2015, and snack food firm Mondelez bought $90 million of December 2011 wheat […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: No long-term shortage expected

By Glen Hallick August 15, 2019

MarketsFarm — Waiting for the 2019 harvest to roll in is the only factor that could create a feed shortage, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “As far as things look today, I don’t see a reason to be concerned about a feed shortage. If anything we could have a feed […] Read more

Crops, Spring Wheat, Winter Wheat

Cash wheat: Prices stronger in varying degrees

By Glen Hallick August 9, 2019

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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Spring Wheat

Cash wheat: Western Canadian bids mixed

Feed weekly outlook: New-crop expectations weigh on bids

Western Canada’s cash wheat bids mixed

Feed weekly outlook: Old-, new-crop barley prices converge

Canada boosts 2019-20 wheat production estimate

USDA attache to Canada predicts larger wheat crop

Cash wheat: Bids mixed, watching futures and currency

U.S. CFTC says Kraft, Mondelez to pay $16M in wheat price manipulation case

Feed weekly outlook: No long-term shortage expected

Cash wheat: Prices stronger in varying degrees

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