CNS Canada — Durum bids in Western Canada posted solid gains over the past two months, with concerns over the quality of the crop behind much of the strength. Prices are showing signs of topping out, though — and the highs may be in for now. Spot durum bids in southern Saskatchewan, where the bulk […] Read more
Rising durum bids topping out in Western Canada
Weaker loonie underpins Prairie wheat bids
CNS Canada — Cash spring wheat and durum bids in Western Canada moved higher during the week ended Monday, as weakness in the Canadian dollar helped underpin basis levels. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up $1-$5 per tonne compared to the previous week. Average prices ranged from […] Read more
Wet weather threatens lentils, durum
CNS Canada — Wet weather across the Prairies has put a damper on the region’s crop prospects, according to one weather specialist. While drying events in coming weeks will limit further quality declines, it’s not expected to do so as much as some producers would like. “It’s really quite wet in some locations, and it’s […] Read more
Prairie wheat bids tick downward
CNS Canada –– Spring wheat cash bids across Western Canada recorded minor losses during the week ended Friday. The declines were traced to weakness in U.S. futures and some minor strengthening in the Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down $3 per tonne, according to price […] Read more
Prairie wheat bids soften with U.S. futures
CNS Canada — Spring wheat cash bids across Western Canada softened during the week ended Friday, as a downturn in U.S. futures put pressure on prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by roughly $5 per tonne, according to price quotes from a cross-section of delivery points […] Read more
Durum strays from typical patterns ahead of new crop
CNS Canada — The durum market has moved off from its normal patterns heading into summer, one market analyst says, while exports are trending lower on the year. “It’s a very unique situation because we’ve got bigger crops coming,” said Jerry Klassen, manager of the Canadian office for Swiss-based GAP SA Grains and Produits. France, […] Read more
Prairie wheat bids tick down slightly
CNS Canada — Cash spring wheat bids across Western Canada softened slightly during the week ended Friday, as gains in the Canadian dollar put pressure on values. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down 50 cents to $1, with the exception of southern Alberta where they were up […] Read more
U.S. pressuring Canada on grain grading
U.S. grain bought on spec, not grade, say Canadian grain industry watchers
Reading Time: 3 minutes U.S. officials say this country’s grain-grading system is to blame for why American farmers living close to the border can’t take advantage of higher Canadian wheat prices. But Canadian officials deny claims that Canada’s quality control system discriminates against imported U.S. wheat. Canadian officials concede imported U.S. wheat formally receives the lowest grade in the […] Read more
Prairie spring wheat bids mixed amid opposing outside factors
CNS Canada — Cash spring wheat bids across Western Canada were narrowly mixed during the week ended Friday, with prices up slightly in some locations and down in others. Spillover from gains in U.S. futures was offset by the bearish influence of the rising Canadian dollar. Depending on the location, average Canada Western Red Spring […] Read more
Prairie spring wheat bids tick lower
CNS Canada — Cash spring wheat bids across Western Canada were slightly weaker during the week ended Friday, as the Canadian dollar gained ground relative to its U.S. counterpart. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by roughly $1 to $2.50 per tonne over the course of the […] Read more
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