CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat generally moved lower during the week ended Friday. Average CWRS prices lost about C$1-$4 per tonne, with prices ranging from about $197 per tonne in north-central Saskatchewan to $216 per tonne in Manitoba, according to bids from a cross-section of delivery points […] Read more
Prairie CWRS bids weaken slightly
Prairie CWRS bids improve slightly despite weaker futures
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat generally moved higher during the week ended Friday, despite continued weakness in U.S. futures, as basis levels improved in many areas. Average CWRS prices were steady to up by as much as $4 per tonne, with the highest average bids in Manitoba, […] Read more
Prairie CWRS bids ease with U.S. futures, CPSR up
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat deteriorated slightly during the week ended Friday, with losses in U.S. futures weighing on values. However, most other classes of wheat saw a slight improvement, as basis levels narrowed in. Average CWRS prices were generally down by about C$1 to $2 per […] Read more
Prairie CWRS bids ease with U.S. futures
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat deteriorated slightly during the week ended Friday, as losses in the US futures weighed on values. CWRS prices were $2-$5 per tonne lower across the three Prairie provinces, with average values ranging from about $205 per tonne in north-central Saskatchewan to $219 […] Read more
Prairie CWRS bids ease along with U.S. futures
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat were softer during the week, following declines seen in U.S. wheat futures. CWRS prices ranged from $4 to $7 per tonne lower in Alberta and Saskatchewan. The best pricing opportunities were still available in Manitoba, where prices were down almost $8 at […] Read more
CWRS wheat bids edge up across Prairies
CNS Canada –– Average cash bids for Canada Western Red Spring (CWRS) wheat edged up by a dollar per tonne on average during the week ended Friday. In Manitoba, the average CWRS price rose to just under $234 per tonne, from $233 the previous week. Gains were similar across the rest of the Prairies, with […] Read more
Wheat buyers pumped when Alberta farmers visit
Wheat buyers have all kinds of questions from mycotoxins and food safety to supply and crop data, and they also want to meet growers in person
Reading Time: 4 minutes When Lynn Jacobson went to Asia on a trade mission, he found his preconceived notions were completely wrong. “My preconception of what society was like over there was completely changed,” said the grain farmer from Enchant. “I thought they were 10 to 15 years behind us, but in some ways they’re 10 to 15 years […] Read more
CWRS wheat bids rise with U.S. futures
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved higher during the week ended Friday, as a rally in the U.S. futures provided some support. In Manitoba, the average CWRS price rose to $236 per tonne, from $232 per tonne the previous week. Average gains of $5 to $10 per […] Read more
New wheat-marketing system isn’t just a mess — it’s a great big mess
With Canada’s wheat selling at a discount to Russia’s, it’s time to admit the new open market isn’t working as it should
Reading Time: 3 minutes Critics of the Canadian Wheat Board used to routinely point to published price quotes for U.S. Dark Northern Spring (DNS) wheat from the Pacific Northwest (PNW) and assume that was a benchmark price for all wheat sold in the world. If the board got less, it must have screwed up, said the critics. In fact, […] Read more
CWB Expects Higher Returns For Canola, Wheat And Durum
CNS – CWB, formerly known as the Canadian Wheat Board, has raised Pool Return Outlooks (PROs) for durum, wheat and canola in its latest report. They noted it is a special mid-term outlook, due to market changes since the previous report released on October 23. PROs were higher for all three crops due to the weaker […] Read more
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