CNS Canada –– North African countries have been some of the best customers for Canadian durum over the past few months, and weather issues with this year’s crops in the region should keep that demand solid going forward. As of February, Morocco, Tunisia and Algeria combined have imported 1.3 million tonnes of Canadian durum during […] Read more
North Africa showing solid demand for durum
Prairie spring wheat bids rise as loonie falls
CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Thursday, as weakness in the Canadian dollar helped prop up prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by $5-$8 per tonne over the course of the week, according to price quotes […] Read more
Durum prices sluggish ahead of upcoming harvests
CNS Canada — Canada’s durum prices are losing their premium over other wheat markets, but staying relatively static, despite hearty harvests and lagging demand, one analyst said. “I think what will drive the durum market here now is the overall wheat complex,” said Jerry Klassen, manager of the Canadian office for Swiss-based grain trader GAP […] Read more
Prairie wheat bids rise with U.S. futures
CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as domestic bids tracked gains in U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by $5 to $8 per tonne over the course of the week, according to price quotes […] Read more
Prairie spring wheat bids drop as loonie rises
CNS Canada –– Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as the strengthening Canadian dollar cut into basis levels. Average Canada Western Red Spring (CWRS) wheat prices were down by about $5-$7 per tonne over the course of the week, according to price quotes from a cross-section of […] Read more
Morocco loves Canadian durum
Reading Time: < 1 minute If you grow durum, some of it probably ends up in Morocco, which is why provincial agriculture officials recently visited the North Africa country for the first time. The mission’s primary goal was to assess potential for grains and pulse sales, said Aarij Bashir, a trade and relations officer. The country subsidizes flour for lower-income […] Read more
Prairie spring wheat bids rise with U.S. futures
CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as U.S. futures moved up and basis levels held reasonably steady. Average Canada Western Red Spring (CWRS) wheat prices were up by about $2-$5 per tonne over the course of the week, according to price quotes from a […] Read more
Firm loonie cuts into Prairie spring wheat bids
CNS Canada — Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as continued strength in the Canadian dollar more than countered any support from advances in U.S. futures. Average Canada Western Red Spring (CWRS) wheat prices were down by $3 to $5 per tonne over the week, according to […] Read more
Heavy producer selling pressures durum
CNS Canada –– Canadian durum prices are being pressured by heavy producer deliveries, according to one analyst, while demand is lagging last year’s pace. The durum market is being weighed on by larger-than-expected producer deliveries throughout January, said Jerry Klassen, manager of the Canadian office for Swiss-based grain trader GAP SA Grains and Produits. “I […] Read more
Prairie spring wheat bids dip as loonie rises
CNS Canada — Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as volatile activity in the Canadian dollar caused basis levels to soften. Average Canada Western Red Spring (CWRS) wheat prices were down by $3-$6 per tonne over the week, according to price quotes from a cross-section of delivery […] Read more