Spring Wheat , Latest & Featured

Prairie wheat bids tick lower in choppy week

CWRS basis levels across Western Canada range from C$13 to C$27 below the futures

By Dave Sims July 18, 2016

Commodity News Service Canada — Spring wheat cash bids across Western Canada ended slightly lower for the week ended July 18, tracking choppy action in the U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were one to two dollars per tonne lower, according to price quotes from a cross-section of […] Read more

A wheat crop in standing water. (Colton Yoder photo courtesy ARS/USDA)

Crops, Spring Wheat, Weather

Wet wheat weather watched worldwide

By Jade Markus July 6, 2016

CNS Canada — Generous rainfall has benefited but also boosted the risk of disease on wheat crops in much of Canada and the U.S., and has also cut into grain quality in parts of Europe. However, according to Drew Lerner of U.S. forecast agency World Weather Inc., conditions during the harvest season will be the […] Read more

Crops, Markets, Spring Wheat

MGEX spring wheat shows strength

By Phil Franz-Warkentin June 8, 2016

CNS Canada — Minneapolis (MGEX) spring wheat futures have climbed back to their highest levels in two months and could remain strong relative to other wheat classes over the next few months, according to an analyst. The nearby July 2016 contract is trading at about US$5.50 per bushel, while the July 2017 contract is now […] Read more

Crops, Markets, Spring Wheat

Prairie wheat bids tick down slightly

By Dave Sims May 30, 2016

CNS Canada — Cash spring wheat bids across Western Canada softened slightly during the week ended Friday, as gains in the Canadian dollar put pressure on values. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down 50 cents to $1, with the exception of southern Alberta where they were up […] Read more

Crops, Spring Wheat, Weather, Winter Wheat

Saskatchewan wheat crop enters crucial phase

By Dave Sims May 13, 2016

CNS Canada –– Freezing temperatures are raising tensions for wheat growers in Saskatchewan as this year’s crop looks to survive a late blast of winter weather. The mercury dipped below 0 C in Saskatchewan on Thursday morning and Friday morning. Speaking Thursday afternoon, a regional crop specialist with the Saskatchewan Ministry of Agriculture, Shannon Friesen, […] Read more

Deputy Prime Minister Arkady Dvorkovich (l) and Prime Minister Dmitry Medvedev. (Government.ru)

Crops, Markets, Reuters, Spring Wheat

Russia seen extending wheat export tax for 2016-17

By Reuters April 28, 2016

Moscow | Reuters — Russia is likely to extend its wheat export tax for the 2016-17 marketing year, which starts on July 1, because the levy is at a minimum level under current market conditions, traders and analysts said. The government has also indicated it is unlikely to change the tax ahead of the next […] Read more

Crops, Markets, Spring Wheat

Prairie spring wheat bids mixed amid opposing outside factors

By Phil Franz-Warkentin April 25, 2016

CNS Canada — Cash spring wheat bids across Western Canada were narrowly mixed during the week ended Friday, with prices up slightly in some locations and down in others. Spillover from gains in U.S. futures was offset by the bearish influence of the rising Canadian dollar. Depending on the location, average Canada Western Red Spring […] Read more

Crops, Markets, Spring Wheat

Rising durum acres offset by declining spring wheat

By Phil Franz-Warkentin April 22, 2016

CNS Canada –– Increased durum acres in Canada may limit the upside potential as far as prices are concerned, but smaller spring wheat plantings will also limit the downside, according to a durum trader. Statistics Canada on Thursday pegged intended durum acres at 6.12 million acres, which would be up from 5.82 million in 2015. […] Read more

Crops, Markets, Spring Wheat

Prairie spring wheat bids tick lower

By Dave Sims April 18, 2016

CNS Canada — Cash spring wheat bids across Western Canada were slightly weaker during the week ended Friday, as the Canadian dollar gained ground relative to its U.S. counterpart. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by roughly $1 to $2.50 per tonne over the course of the […] Read more

Crops, Spring Wheat

North Dakota wheat acres seen likely to beat forecast

By Phil Franz-Warkentin April 6, 2016

CNS Canada — North Dakota farmers will be seeding less spring wheat this year — but the acreage may not be down by as much as the U.S. Department of Agriculture now forecasts. In its Prospective Plantings report, released last Thursday, USDA forecast North Dakota spring wheat area for 2016 (excluding durum) at 5.7 million […] Read more

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Spring Wheat

Prairie wheat bids tick lower in choppy week

Wet wheat weather watched worldwide

MGEX spring wheat shows strength

Prairie wheat bids tick down slightly

Saskatchewan wheat crop enters crucial phase

Russia seen extending wheat export tax for 2016-17

Prairie spring wheat bids mixed amid opposing outside factors

Rising durum acres offset by declining spring wheat

Prairie spring wheat bids tick lower

North Dakota wheat acres seen likely to beat forecast

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