MarketsFarm – There were sharp increases in durum across Western Canada for the week ended July 27, while spring wheat incurred small to moderate declines. There were gains in Minneapolis spring wheat, while Kansas City and Chicago winter wheat contracts slipped back. At the beginning of the week there were steep increases for wheat as […] Read more
Prairie cash wheat: durum soars as red spring falls back
Steep increases following Russian attacks on Ukrainian ports were gone by mid-week
Feed weekly outlook: Demand strong for Canadian wheat
MarketsFarm — Domestically-grown feed wheat is seeing stronger prices and increased demand — but unlike other commodities, the demand is coming from Canada itself. Wheat has become a more desirable crop for feed rations in recent months as barley prices have risen due to increasing exports to China. With less barley available to feedlots, wheat […] 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
Feed weekly outlook: Grain prices mostly steady through market turmoil
MarketsFarm — Despite commotion in markets due to economic impact from the COVID-19 coronavirus pandemic, feed grain prices have been steady, according to Nelson Neumann of Agfinity in Edmonton. Feed prices were in a steady decline since the cold snap around the beginning of January, he said. “This week/last week, we haven’t seen the price […] Read more
Prairie cash wheat: Lower loonie strengthens bids
MarketsFarm — Wheat bids in Western Canada for the week ended Thursday were up for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat. Bids for Canada Western Amber Durum (CWAD) were steady to higher. The Canadian dollar was down by approximately four-10ths of a cent during the week, which provided support […] Read more
Western Canadian wheat bids mixed as loonie retreats from highs
MarketsFarm – Wheat bids in Western Canada were mixed for the week ended Oct. 31. Canadian Western Red Spring Wheat (CWRS) was lower, while Canada Prairie Red Spring (CPRS) was steady to lower. Canadian Western Amber Durum (CWAD) was steady to higher. The Canadian dollar dropped almost a half cent from three-month highs to hover […] Read more
U.S. CFTC says Kraft, Mondelez to pay $16M in wheat price manipulation case
Reuters — The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz and Mondelez International will have to pay US$16 million in penalty regarding a wheat manipulation case that dates back to 2015. Kraft Heinz, which was Kraft Foods until 2015, and snack food firm Mondelez bought $90 million of December 2011 wheat […] Read more
Cash wheat: Prices stronger in varying degrees
MarketsFarm — Wheat bids in Western Canada were generally up for the week ended Aug. 8, with gains in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats in all locations. Durum (CWAD) was either side of steady, depending on location. The Canadian dollar was down by almost a quarter of a […] Read more
Feed weekly outlook: Grain prices softer ahead of harvest
MarketsFarm — Feed grain prices have softened ahead of harvesting season, due in part to improving growing conditions and a stronger Canadian dollar. Drought conditions earlier in the summer had threatened Prairie crop yields and buoyed feed grain prices, but the weather premium has subsided thanks to recent rains. “Rain showed us we’ll have a […] Read more
Feed weekly outlook: Weather buoys grain prices
MarketsFarm –– A dry spring on the Prairies, coupled with intensely wet weather south of the border, has frustrated producers and supported higher feed grain prices. Barley prices have rallied “quite strongly” due to dry weather observed across most of the Prairies, combined with tight supplies from previous years, said Nelson Neumann of Agfinity in […] Read more
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