CNS Canada — Cash wheat bids across Western Canada were relatively unchanged for the week ended Friday, eking out minimal gains, as U.S. futures stabilized and basis levels followed suit. Average Canada Western Red Spring (CWRS) wheat prices were up to $1 higher across the three Prairie provinces, according to price quotes from a cross-section […] Read more
Prairie wheat bids stay rangebound
Prairie spring wheat bids firm
CNS Canada — Cash spring wheat bids across Western Canada generally saw some improvement during the week ended Friday, as basis levels saw some improvements at many locations. Average Canada Western Red Spring (CWRS) wheat prices were steady to up by as much as C$3 per tonne during the week, according to price quotes from […] Read more
Prairie wheat bids ebb lower
CNS Canada –– Cash wheat bids across Western Canada ebbed lower during the week ended Friday, as U.S. futures dipped and basis levels fluctuated. Average Canada Western Red Spring (CWRS) wheat prices were down by C$2 to $5 per tonne across the three Prairie provinces, according to price quotes from a cross-section of delivery points. […] Read more
Minogue: Campaigning heats up Sask. commodity board elections
Elections at the commodity association board level in Saskatchewan, often known for a landslide lack of interest, may get goosed this year with candidates investing bigger stakes in their campaigns. Ballots have been mailed out and board elections are now underway for the Saskatchewan Wheat Development Commission (SaskWheat) and the Saskatchewan Barley Development Commission (SaskBarley). […] Read more
Prairie wheat bids mixed
CNS Canada — Cash wheat bids across Western Canada saw some minor adjustments over the week ended Friday, with the general trend seeing strengthening bids in the eastern Prairies and a softer tone in parts of Alberta. Average Canada Western Red Spring (CWRS) wheat prices saw only minor revisions on the week, rising by as […] Read more
Drought to shrivel Ukrainian wheat harvest in 2016
Kiev — Severe drought across half of Ukraine has hit winter sowing and could sharply reduce the country’s 2016 wheat harvest, a senior state weather forecaster said on Monday. The drought, in which the central Dnipropetrovsk region suffered its driest autumn in 50 years, could lead to a 20 per cent year-on-year fall in the wheat […] Read more
Black Sea in it for the long haul
The Former Soviet Union, once Canada's largest wheat customer, is now its largest competitor
Black Sea wheat exports are projected at an all-time high this year, and there is good reason to have confidence in this forecast. During the 2015/16 marketing year, the U.S. Department of Agriculture (USDA) estimates that the states of the former Soviet Union excluding Latvia, Lithuania, and Estonia (FSU-12) will export a record 45 million […] Read more
Prairie wheat bids up as basis improves
CNS Canada — Cash wheat bids across Western Canada moved higher during the week ended Friday, as basis levels showed some improvement at most locations. Average Canada Western Red Spring (CWRS) wheat prices were up by C$7-$8 per tonne on average across the three Prairie provinces, according to price quotes from a cross-section of delivery […] Read more
U.S. wheat futures expected to retest nearby lows
CNS Canada –– U.S. wheat futures may have corrected off of nearby lows, but the nearby path of least resistance remains pointed lower, according to a market analyst. “In the big picture, we have plenty of supplies and demand has been lacklustre,” said Randy Martinson of Progressive Ag at Fargo, N.D. With export demand eroding, […] Read more
Feed: Frost pressures Australian barley
CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Tuesday, Oct. 20. • The Grains Industry of Western Australia is predicting the area will harvest a 3.19 million-tonne barley crop in 2015-16. However, some recent frosts are casting questions on whether that mark will be reached. • […] Read more
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