Terryn Shiells

Prices for durum wheat in Western Canada have weakened recently and are expected to continue to move lower going forward. Much of the recent price weakness is linked to the supply-and-demand situation, as Canada is expected to produce a very large crop this year, said Neil Townsend, director of market research with CWB in Winnipeg. […] Read more

Canola futures on the ICE Futures Canada trading platform were stronger during the week ended Wednesday (Oct. 9), finding some spillover support from the gains seen in outside oilseed markets. Technical based buying also underpinned values, with canola futures seeming to find good support in the C$475-$480 per tonne level. Steady commercial demand and weakness […] Read more

Cash bids for spring wheat in Western Canada were stronger following the U.S. futures markets during the week ended Monday (Oct. 7). Gains, however, were capped by widening basis levels and by Friday’s Statistics Canada report which estimated the 2013-14 Canadian wheat crop will be the largest ever at 33.03 million tonnes. Average spot bids […] Read more

Cash bids for spring wheat in Western Canada were sharply higher, following a rally seen in U.S. futures markets. However, the gains were capped by harvest pressure, good yield reports and large supply expectations. Average spot bids for Canada Western red spring (CWRS) wheat (13.5 per cent protein) on Monday across Manitoba, Saskatchewan and Alberta […] Read more

Protein premiums for spring wheat in Western Canada may be returning, but larger production prospects will weigh on prices overall, according to analysts. Last year, there was very little premium seen for higher-protein wheat and in recent years, a lot of higher-protein wheat was sold into mid-protein markets, said Jerry Klassen, manager of GAP Grains […] Read more

ICE Futures Canada canola contracts moved lower during the week ended Wednesday, as values continued to be pressured by ongoing harvest activities in Western Canada. Farmers across the Prairies made fairly good harvest progress during the week, with beneficial weather in many areas. Good yields continued to be reported, and it is still expected the […] Read more

Cash bids for spring wheat in Western Canada were steady to lower during the week ended Monday (Sept. 23), while basis levels continued to ease amid harvest pressure. Average spot bids for Canadian Western red spring (CWRS) wheat at 13.5 per cent protein across Manitoba, Saskatchewan and Alberta came in on Monday at around C$218 […] Read more

Canola futures on the ICE Futures Canada trading platform moved lower during the week ending Wednesday. Much of the weakness was linked to expectations that the 2013-14 Canadian canola crop will be record-large. Harvest activities were also underway during the week across the Prairies, which further undermined canola values. Harvest pressure, along with an increase […] Read more