GFM Network News

More News →

Tag Archives MGEX

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Rising loonie cuts into bids

By ,
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
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids surge on U.S. gains, weaker loonie

By ,
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
Canola, Crops, Markets

Fund traders cover canola shorts, liquidate corn longs

By ,
MarketsFarm — Fund traders were covering short positions in canola and liquidating longs in corn during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 58,455 contracts (2,163 long/60,618 […] Read more
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Weaker loonie battles lower U.S. futures

By ,
MarketsFarm — Wheat bids in Western Canada for the week ended Thursday saw prices for Canada Western Red Spring (CWRS) wheat on either side of steady. Prices for Canada Prairie Spring Red (CPSR) saw a greater range of losses and gains, while prices for Canada Western Amber Durum (CWAD) were steady to higher. There was […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat, corn ease after rallies

Chicago soybean futures firm

By ,
Chicago | Reuters — U.S. wheat and corn futures fell on Wednesday on profit taking from the previous session’s strong rally, grain dealers said. Bargain buying pulled the grain contracts from their session lows ahead of the close. “Yesterday was probably a little overdone in the wheat market,” said Jim Gerlach, president of Indiana-based A/C […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat futures rally, pull corn higher

Chicago soybean futures weaken

By ,
Chicago | Reuters — U.S. wheat futures surged 4.5 per cent on Tuesday, their biggest gain since May, as cuts to the harvest outlook in Australia bolstered prospects for U.S. exports, traders said. The rally in wheat, which closed near session highs as technical buyers entered the market after the early strength, underpinned the corn […] Read more
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids mostly weaker on U.S. price declines

By ,
MarketsFarm — Bids in Western Canada for the week ended Thursday were steady to lower for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and durum (CWAD) wheats, as declines in U.S. wheat prices weighed on values. The Canadian dollar was up two-10ths of a U.S. cent during the week, which also put […] Read more

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending March 27, 2020.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.