GFM Network News



Prairie cash wheat: Prices up on sharp rises in U.S. wheat

MarketsFarm — Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats for the week ended Thursday. Support came from double-digit increases in Chicago, Minneapolis and Kansas City wheat futures. Meanwhile, the Canadian dollar was relatively steady. Average CWRS (13.5 […] Read more



Prairie cash wheat: Bids mixed, reacting to futures and loonie

MarketsFarm — Spring wheat bids in Western Canada were mixed during the week ended Thursday, as losses in U.S. futures were countered by support from a weakening Canadian dollar. The currency lost roughly a full cent during the week. Average Canada Western Red Spring (13.5 per cent protein) wheat prices were steady to down $2 […] Read more


Prairie cash wheat: Bids trend higher

MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Friday, taking some direction from U.S. futures. Midweek strength in the Canadian dollar had pressured basis levels, but the currency retreated to be relatively unchanged on the week. Average Canada Western Red Spring (13.5 per cent protein) wheat prices were […] Read more

Prairie cash wheat: Gains for CWRS, CPSR as durum drops

MarketsFarm — Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats the week ended Thursday. However, prices for Canada Western Amber Durum (CWAD) dropped. Support came from significant increases in Chicago, Minneapolis and Kansas City wheat futures, but a stronger Canadian dollar held back […] Read more


Prairie cash wheat: Increases for CWRS and CPSR, durum steady

MarketsFarm — Cash wheat bids in Western Canada continued to build this week, on momentum from the previous week. Canada Western Red Spring (CWRS) and Canada Prairie Red Spring (CPRS) wheats saw price increases for the week ended Thursday. Meanwhile, prices for Canada Western Amber Durum (CWAD) held steady. Support came from increases in Chicago, […] Read more

Prairie cash wheat: Prices stabilize following tumultuous week

MarketsFarm — Wheat bids in Western Canada were much more stable for the week ended Thursday than for previous week. After double-digit losses last week, Canada Western Red Spring (CWRS) wheat incurred only small losses, while Canada Prairie Spring Red (CPSR) experienced small gains. Canada Western Amber Durum (CWAD) went from a significant decline to […] Read more


Prairie cash wheat: Loonie, U.S. prices trigger steep declines

U.S. wheat futures well down on week

MarketsFarm — Wheat bids in Western Canada were significantly lower for the week ended Thursday. Those includes double-digit losses for Canada Western Red Spring (CWRS) wheat and Canada Prairie Spring Red (CPSR). Losses in Canada Western Amber Durum (CWAD) were relatively smaller. Pressure came from sharp losses in U.S. markets and equally sharp gains in […] Read more

Prairie cash wheat: Bids broadly lower

MarketsFarm — Wheat bids in Western Canada were broadly lower during the week ended Thursday, with double-digit losses observed in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats. Canada Western Amber Durum (CWAD) had moderate declines. Average CWRS (13.5 per cent protein) wheat prices were down $7-$11 per tonne, according to […] Read more