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Prairie cash wheat: Bids lower as futures take a hit

CWRS values mixed; CPSR and durum down

MarketsFarm — Coming out of the holiday season, most western Canadian wheat bids were slightly lower for the week ended Thursday, as wheat futures in the U.S. continued to be bearish. U.S. wheat exports continue to fall behind last year’s pace, as cheaper Russian wheat floods the market due to a potential record crop and […] Read more

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Prairie cash wheat: Bids lower despite supportive factors

March CBOT, K.C. wheats up on week

MarketsFarm — Despite concerns related to cold weather in the U.S., war in Ukraine and rising numbers of COVID-19 infections in China, most western Canadian wheat bids were lower for the week ended Thursday. Profit-taking in wheat futures was evident on the Chicago Board of Trade (CBOT), as March contracts for both Kansas City hard […] Read more


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Prairie cash wheat: Bids mostly higher

U.S. wheat futures up on week

MarketsFarm — Spring wheat bids in Western Canada saw some mixed activity during the week ended Thursday (Dec. 22), with small losses reported for red spring wheat in Manitoba, while prices were up in Alberta and Saskatchewan. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by 30-40 cents in […] Read more

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Prairie cash wheat: Prices a mixed bag across West

U.S. wheat futures down on week

MarketsFarm — Wheat prices on the Canadian Prairies for the week ended Thursday were mixed as CWRS wheat was either side of unchanged and CPSR was down slightly. Meanwhile, durum made modest gains. Declines in the U.S. wheat complex put pressure on western Canadian cash prices, but those declines were countered by a weaker Canadian […] Read more


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Prairie cash wheat: U.S. futures drag on bids

Futures drop to multi-month lows

MarketsFarm — Wheat futures on the Chicago Board of Trade (CBOT) hit multi-month lows, which put pressure on Western Canadian wheat bids, during the week ended Thursday. Despite tighter wheat supplies in the U.S. and worldwide compared to last year, as well as the ongoing Russian invasion of Ukraine, wheat futures reached depths which weren’t […] Read more

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

Canadian dollar also down on week

MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday, as U.S. wheat futures posted losses — although softness in the Canadian dollar did provide some underlying support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3.50-$6.40 per tonne across the Prairies, according […] Read more


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Prairie cash wheat: Bids steady following Ukraine volatility

U.S. wheat futures up on week

MarketsFarm — A roller-coaster type of week for grain markets, fuelled by the ongoing conflict between Ukraine and Russia, ended with slightly higher bids for western Canadian wheat for the week ended Thursday. As optimism grew over the renewal of Russia’s agreement to allow Ukrainian grain shipments on the Black Sea, wheat futures on the […] Read more

Concerns of a recession being just around the corner and global economic issues are weighing on consumers.

Beef demand reacting to inflationary pressures

The Markets with Deb McMillin, from the November 2022 issue of Canadian Cattlemen

Fed cattle Canadian fed cattle prices are not experiencing the price strength that has been seen recently in the U.S., which is abnormal but has been the case a few times this year. Western Canadian feedlots were not as current as was expected for October. Reduced weekly kill numbers and decreased beef exports are contributing […] Read more


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Canada’s exports rise in September as wheat volumes rebound

Ottawa | Reuters – Canada’s exports rose in September, largely driven by better wheat volumes and prices, while imports were also up, with both import and export values impacted by the depreciation of the Canadian dollar, Statistics Canada said on Thursday. The country’s trade surplus with the world widened to C$1.14 billion ($827.4 million) in […] Read more

Canadian Money

Monetary and fiscal policy weighs on Canadian dollar

Market Talk with Jerry Klassen

The Canadian dollar has been trending lower since making a seasonal high of just over 80 cents U.S. in early April 2022. At the time of writing this article, the Canadian dollar was nearing two-year lows of around 75 cents U.S. Canadian fed and feeder cattle exports are running sharply above year-ago levels and export […] Read more