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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

Crops, Markets, Spring Wheat, Winter Wheat

Prairie spring wheat bids down with U.S. futures

By Phil Franz-Warkentin January 4, 2016

CNS Canada — Cash spring wheat bids across Western Canada moved lower during the two-week holiday period ending Thursday (Dec. 31), as the U.S. futures also drifted lower during that time frame. Average Canada Western Red Spring (CWRS) wheat prices were down by C$7-$8 per tonne during the two-week period, according to price quotes from […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids dip slightly

By Dave Sims September 21, 2015

CNS Canada — Cash wheat bids across Western Canada generally dropped lower during the week ended Friday. Average Canada Western Red Spring (CWRS) wheat prices were up by C$1-$3 per tonne across the three Prairie provinces, according to price quotes from a cross-section of delivery points. Bids ranged from about $221 per tonne in southern […] Read more

Canola, Crops, Markets

Canola basis levels seen hanging steady

By Dave Sims August 25, 2015

CNS Canada — Despite a turbulent start to the week for most commodities due to China’s stock market crash, basis levels for canola remain relatively attractive in Manitoba and much of the Prairies, according to an industry watcher. Canola growers have been receiving cash prices of roughly $10.50 in Manitoba and parts of Saskatchewan, said […] Read more

Canola, Cereals, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat prices down but durum bids up

Average CWRS wheat prices were down by $7 to $12 per tonne over the week

By Phil Franz-Warkentin July 20, 2015

Commodity News Service Canada — Spring wheat cash bids across Western Canada moved lower during the week ended July 17, as losses in the U.S. futures and improving weather conditions in some parts of the Prairies weighed on values. However, durum was the one bright spot from a pricing standpoint, with declining Canadian crop prospects […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids up sharply as U.S. futures rally

By Terryn Shiells May 15, 2015

CNS Canada –– Cash bids for Canadian wheat were stronger during the week ended Thursday, as U.S. wheat futures rallied sharply higher and basis levels improved, in general. Average Canada Western Red Spring (CWRS) wheat prices were C$10-$13 per tonne higher, with bids ranging from about $196 per tonne in north-central Saskatchewan to $214 per […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

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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Tag Archives basis

Prairie wheat bids tick lower in choppy week

Prairie spring wheat bids down with U.S. futures

Prairie wheat bids dip slightly

Canola basis levels seen hanging steady

Prairie cash wheat prices down but durum bids up

Prairie wheat bids up sharply as U.S. futures rally

Wheat basis muddied in Western Canada

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