Winter Wheat , Latest & Featured

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Rising loonie cuts into bids

By Phil Franz-Warkentin, GFM Network News March 28, 2020

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

Crops, Markets, Spring Wheat, Winter Wheat

CBOT weekly outlook: Wheat futures underpinned for now

However, traders still watching headlines

By Phil Franz-Warkentin, GFM Network News March 26, 2020

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

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids surge on U.S. gains, weaker loonie

By Glen Hallick, GFM Network News March 23, 2020

MarketsFarm — Wheat bids in Western Canada were significantly higher for the week ended Thursday on gains in U.S. markets coupled with a weaker Canadian dollar. Canada Prairie Spring Red (CPSR) wheat saw the largest increases, with bids up by more than $20 per tonne. Increases for Canada Western Red Spring (CWRS) wheat were in […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Weaker loonie battles lower U.S. futures

By Glen Hallick, GFM Network News March 16, 2020

MarketsFarm — Wheat bids in Western Canada for the week ended Thursday saw prices for Canada Western Red Spring (CWRS) wheat on either side of steady. Prices for Canada Prairie Spring Red (CPSR) saw a greater range of losses and gains, while prices for Canada Western Amber Durum (CWAD) were steady to higher. There was […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids mostly weaker on U.S. price declines

By Glen Hallick, GFM Network News February 14, 2020

MarketsFarm — Bids in Western Canada for the week ended Thursday were steady to lower for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and durum (CWAD) wheats, as declines in U.S. wheat prices weighed on values. The Canadian dollar was up two-10ths of a U.S. cent during the week, which also put […] Read more

Hard white winter wheat growing in North Carolina in 2010. (Dave Marshall photo courtesy ARS/USDA)

Crops, Weather, Winter Wheat

U.S. winter wheat conditions mostly fair to good

By MarketsFarm Team, GFM Network News February 4, 2020

MarketsFarm — The condition of the bulk of the U.S. winter wheat crop, taken from data provided by 17 reporting states, was at 29 per cent fair and 48.1 per cent good at the end of January. The rest of those states’ crops stood at 4.2 very poor, 12.1 poor and 7.2 per cent excellent, […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids fall with U.S. futures

By Phil Franz-Warkentin January 31, 2020

MarketsFarm — Hard red spring wheat bids in Western Canada moved lower during the week ended Thursday, as a sell-off in U.S. futures weighed on prices. Concerns that the Wuhan coronavirus would lead to a slowdown in the global economy accounted for some of the broad speculative selling that weighed on most grain markets during […] Read more

File photo of an Alberta wheat field. (ImagineGolf/E+/Getty Images)

Crops, Markets, Spring Wheat, Winter Wheat

IGC calls for more wheat despite lowering global forecast

By Glen Hallick January 29, 2020

MarketsFarm — At close to 1.03 billion tonnes, there’s going to be more wheat in the world in 2019-20 than in the previous marketing year, according to the latest outlook from the International Grains Council (IGC). The London-based organization released its report on Jan. 23, in which it revised its previous forecast — but with […] Read more

MGEX March 2020 spring wheat with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Spring Wheat, Winter Wheat

Confluence of bullish news sends wheat futures higher

By Phil Franz-Warkentin December 16, 2019

MarketsFarm — A number of factors have come together to underpin North American wheat prices, with more room to the upside after a rally in all three U.S. futures markets to start the week, according to an analyst. Chicago, Kansas City and Minneapolis wheat futures all started the week with double-digit gains. The Chicago and […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Cash wheat: Bids up with U.S. futures, weak loonie

By Phil Franz-Warkentin September 20, 2019

MarketsFarm — Wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures, weakness in the Canadian dollar and concerns over harvest delays in Western Canada all provided support. The Canadian dollar was down by roughly a third of a cent relative to its U.S. counterpart on the week. […] Read more

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Winter Wheat

Prairie cash wheat: Rising loonie cuts into bids

CBOT weekly outlook: Wheat futures underpinned for now

Prairie cash wheat: Bids surge on U.S. gains, weaker loonie

Prairie cash wheat: Weaker loonie battles lower U.S. futures

Prairie cash wheat: Bids mostly weaker on U.S. price declines

U.S. winter wheat conditions mostly fair to good

Prairie cash wheat: Bids fall with U.S. futures

IGC calls for more wheat despite lowering global forecast

Confluence of bullish news sends wheat futures higher

Cash wheat: Bids up with U.S. futures, weak loonie

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