Cash bids for spring wheat were down sharply across Western Canada during the week ending Monday, with pressure from advancing harvest activities in Western Canada weighing on values. Basis levels for both Canada Western red spring (CWRS) and Canada Prairie red spring (CPRS) also widened significantly, amid reports of good yields and lower than average […] Read more
Prairie wheat cash bids down sharply as harvest progresses
Below-average protein expected from Prairie wheat
Farmers across Western Canada have started to harvest their spring wheat crops, and protein levels so far look like they’re going to be below average. “Protein levels, at least initially, here are lower, so I would think a lower-than-average protein is going to be in the cards for this crop, just given how good things […] Read more
Prairie CWRS wheat cash bids ease
Cash bids for Canada Western red spring (CWRS) wheat eased across Western Canada during the week ended Sept. 3, as crop prospects were looking good amid generally favourable weather. Reports that harvest activities have begun for some crops in all three Prairie Provinces, as well as for spring wheat in the U.S., were also bearish. […] Read more
Harvest work in early stages across Alta.
Harvest activities were in the early stages across Alberta at the end of August, according to a provincial crop specialist. “In the central Alberta area, there’s a little bit of barley off, some swathing going on, and starting of the swathing of canola,” said Mark Cutts of Alberta Agriculture and Rural Development’s Ag-Info Centre at […] Read more
Man. soybean crop expecting average yields and better
Despite a recent bout of hot and dry weather across Manitoba, many soybean crops across the province are expected to see average to above-average yields this year. Concerns about similar hot and dry conditions in the U.S. have been reported recently, with talk that the conditions would reduce yield potential for the country’s soybean crops. […] Read more
ICE canola weekly outlook: Big swings possible
Canola futures on ICE Futures Canada moved higher during the week ended Wednesday, following along with the weather rally that was lifting U.S. soybean futures. Soybean futures on the Chicago Board of Trade (CBOT) rallied recently due to concerns about hot and dry weather reducing yield potential in the U.S. Similar weather conditions have been […] Read more
Prairie wheat cash bids steady to stronger
Cash bids for Canada Western red spring (CWRS) wheat were steady across Western Canada during the week ending Monday, amid improving basis levels and weakness in Minneapolis spring wheat futures. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta on Monday came in at around C$249 per tonne ($6.78 per […] Read more
Prairie wheat cash bids strengthen
Cash bids for wheat across Western Canada were stronger during the week ending Monday, following the advances seen in the U.S. futures markets. Average spot bids for 13.5 per cent-protein Canada Western red spring (CWRS) wheat across Manitoba, Saskatchewan and Alberta came in at around C$249 per tonne ($6.78 per bushel) based on pricing available […] Read more
ICE canola weekly outlook: Choppy activity expected
ICE Futures Canada canola futures moved higher during the week ended August 14, recovering from the fresh lows that were put in place the week prior. Some of the strength was linked to the futures following the rally seen in Chicago soybeans, which was sparked by a bullish U.S. Department of Agriculture report that showed […] Read more
CWRS cash bids ease slightly in West
Cash bids for Canada Western red spring (CWRS) wheat across Western Canada were slightly weaker during the week ending Aug. 12, while basis levels were holding steady. Average spot bids for CWRS at 13.5 per cent protein across Manitoba, Saskatchewan and Alberta came in Monday at around C$245 per tonne ($6.66 per bushel) based on […] Read more
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