Spring Wheat , Latest & Featured

Crops, Markets, Spring Wheat, Winter Wheat

CWRS wheat bids edge higher, other classes soften

By Phil Franz-Warkentin March 9, 2015

CNS Canada –– Wheat cash bids across Western Canada saw some minor adjustments during the week ended Friday, with Canada Western Red Spring (CWRS) bids generally showing some improvement while other classes moved lower. Average CWRS wheat prices were steady to as much as $3 per tonne higher during the week, with bids ranging from […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Fund selling keeps U.S. wheat futures pointed down

By Phil Franz-Warkentin March 5, 2015

CNS Canada –– Chicago wheat futures dropped to fresh contract lows Thursday and have more room to the downside from a chart perspective as speculators continue to add to their short positions, according to a broker. “It’s a momentum trade here with the funds,” said Adam Knosalla, a broker with Frontier Futures in Minneapolis. “They’re […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids mixed; CWRS down, CPSR up

By Phil Franz-Warkentin March 2, 2015

CNS Canada — Wheat cash bids across Western Canada only saw some minor adjustments during the week ended Friday, with some classes seeing small gains and other wheat classes down slightly. Average Canada Western Red Spring wheat prices were steady to as much as $3 per tonne lower during the week, with bids ranging from […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie CWRS wheat bids drop with U.S. futures

By Phil Franz-Warkentin February 23, 2015

CNS Canada — Cash bids for Canada Western Red Spring (CWRS) wheat across the Prairies moved lower during the week ended Friday, taking most of their direction from a downturn in U.S. futures. Average CWRS prices lost about $9-$10 per tonne, with prices ranging from about $201 per tonne in north-central Saskatchewan to $220 per […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Cereals, Crops, Markets, Spring Wheat, Winter Wheat

‘Extreme’ volatility expected in wheat markets this spring

By Terryn Shiells February 23, 2015

Winnipeg | CNS Canada — Canadian and U.S. wheat markets are likely going to experience some “extreme” volatility this spring, Lawrence Yakielashek of FarmLink Marketing Solutions told the Wild Oats Grainworld Conference. “The spring months are when the firecrackers are going to start to hit the match,” he added. He predicted there would be a […] Read more

Crops, Markets, Spring Wheat

Time running out for high durum prices

By Phil Franz-Warkentin February 19, 2015

CNS Canada –– Good-quality durum has enjoyed large premiums over other wheat classes this past year, but opportunities for any unpriced durum still left to sell may be getting harder to find, as attention turns to large global new-crop projections. Durum prices today are topping out at about $9.75 per bushel in Saskatchewan, according to […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

CWRS wheat bids rise with U.S. futures

By Phil Franz-Warkentin February 17, 2015

CNS Canada — Cash bids for Canada Western Red Spring (CWRS) wheat across the Prairies generally moved higher during the week ended Friday. Average CWRS prices gained about $7-$9 per tonne, with prices ranging from about $210 per tonne in north-central Saskatchewan to $228 in Manitoba, according to bids from a cross-section of delivery points […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Nearby lows likely in for wheat futures

By Phil Franz-Warkentin February 5, 2015

CNS Canada — All three U.S. wheat futures markets have seen a sizeable corrective bounce after hitting their lowest levels in months to start the week — and could be due for some more strength heading into the spring, a U.S. analyst says. “I’d like to think that the lows are in for the short […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie CWRS bids weaken slightly

By Phil Franz-Warkentin February 2, 2015

CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat generally moved lower during the week ended Friday. Average CWRS prices lost about C$1-$4 per tonne, with prices ranging from about $197 per tonne in north-central Saskatchewan to $216 per tonne in Manitoba, according to bids from a cross-section of delivery points […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Wheat basis muddied in Western Canada

By Phil Franz-Warkentin January 30, 2015

CNS Canada — The difference between futures markets and cash markets for any exchange-traded commodities can usually be brought into focus by the basis — that is, except in Prairie wheat, where that focus has now gone fuzzy. Typically, a wide or narrow basis provides some indication of how representative the futures market is of […] Read more

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Spring Wheat

CWRS wheat bids edge higher, other classes soften

Fund selling keeps U.S. wheat futures pointed down

Prairie wheat bids mixed; CWRS down, CPSR up

Prairie CWRS wheat bids drop with U.S. futures

‘Extreme’ volatility expected in wheat markets this spring

Time running out for high durum prices

CWRS wheat bids rise with U.S. futures

Nearby lows likely in for wheat futures

Prairie CWRS bids weaken slightly

Wheat basis muddied in Western Canada

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