MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Friday, with some gains observed in Canada Western Red Spring (CWRS) wheat, and a mixed tone for Canada Prairie Spring Red (CPSR). Durum (CWAD) saw small losses. Average CWRS (13.5 per cent protein) wheat prices were steady to up by $4 per […] Read more
Prairie cash wheat: Bids mixed
Prairie cash wheat: Most bids see increases
MarketsFarm — Wheat bids in Western Canada were mostly higher for the week ended Thursday. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats improved and Canada Western Amber Durum (CWAD) was generally firm. Support came from steady to higher prices in U.S. markets, while a strong Canadian dollar put a lid […] Read more
Prairie cash wheat: Durum holds steady, other spring wheats down
MarketsFarm — Wheat bids in Western Canada were mostly lower for the week ended Thursday, due to declines in U.S. markets. Support came from a weaker Canadian dollar. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats were lower, while Canada Western Amber Durum (CWAD) was steady to higher. Average CWRS (13.5 […] Read more
Prairie cash wheat: Bids mostly stronger
MarketsFarm — Wheat bids in Western Canada were mostly stronger during the week ended Thursday, with gains observed in CWRS and CPSR wheats, while durum saw small losses. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up $2 per tonne, according to price quotes from a cross-section of delivery points […] Read more
Prairie cash wheat: Prices a mixed bag
U.S. futures, loonie down on week
MarketsFarm — Wheat bids in Western Canada saw gains and losses for the week ended Thursday, due to declines in U.S. markets and a lower Canadian dollar. Canada Western Red Spring (CWRS) wheat was mixed with some losses, but prices steady to higher in six of the Prairie regions. Canada Prairie Spring Red (CPSR) was […] Read more
U.S. projects wheat acres at record lows, increases for soy, corn
Grain stocks as of March 1 down on year
MarketsFarm — As with last year, total wheat acres in the United States are projected to remain at all-time lows, according to the U.S. Department of Agriculture (USDA). The department issued its prospective plantings estimates Tuesday. MarketsFarm director of markets and weather Bruce Burnett called USDA’s wheat and soybean estimates positive, while he said its […] Read more
Prairie cash wheat: Rising loonie cuts into bids
MarketsFarm — Hard red spring wheat bids in Western Canada lost ground during the week ended Thursday, as the bearish influence of a strengthening Canadian dollar more than offset supportive influence from gains in U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5.50-$10 per tonne, according to […] Read more
North America’s millers, bakers scramble to satisfy bread binge
Chicago/Winnipeg | Reuters — North American flour mills and bakeries are rushing to boost production as the spread of the COVID-19 coronavirus leads to consumer stockpiling of staples such as bread and pasta. The virus’ spread prompted orders to stay at home in some U.S. states, including New York, California and Illinois last week, following […] Read more
Solid demand, logistics underpin durum bids
MarketsFarm — Durum bids in Western Canada have found some support from solid demand and logistical issues elsewhere in the world. Anecdotal reports of pasta hoarding, due to COVID-19 coronavirus concerns, were also somewhat supportive. Cash durum bids in Saskatchewan are currently in the $7.50-$8 per bushel range, according to Prairie Ag Hotwire data. That […] Read more
Prairie cash wheat: Bids surge on U.S. gains, weaker loonie
MarketsFarm — Wheat bids in Western Canada were significantly higher for the week ended Thursday on gains in U.S. markets coupled with a weaker Canadian dollar. Canada Prairie Spring Red (CPSR) wheat saw the largest increases, with bids up by more than $20 per tonne. Increases for Canada Western Red Spring (CWRS) wheat were in […] Read more
Cyber-Savvy Farmer
