There were modest price increases for wheat on the Canadian Prairies during the week ended Feb. 29. However, as Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat edged up, prices for Canadian Western Amber Durum were mixed.
Prairie wheat weekly outlook: Prices for red wheat up, amber durum mixed
U.S. wheat complex also mixed; Canadian prices bolstered by dollar's drop
Prairie wheat bids mixed as choppy futures trend lower
Wheat futures tested fresh contract lows
Spring wheat bids in Western Canada were mixed during the week ended Feb. 23 as choppy activity in the United States futures spilled into the cash market.
CBOT weekly outlook: Corn acres could drop further says strategist
Lower prices blamed on funds, 'too much farmer ownership'
Corn acres in the United States may end up even lower than early expectations if the market remains under pressure, according to an analyst.
Prairie wheat weekly outlook: Weaker U.S. futures drag Western Canadian wheat bids
Cheaper Russian wheat exports also dragged global wheat prices down
United States wheat futures hit new contract lows and pressured Western Canadian wheat bids during the week ended Feb. 15.
CBOT weekly outlook: Bearish picture for commodities
Prices may not go much lower given the commodities have hit contract lows, says analyst
Ahead of the United States Department of Agriculture Outlook Forum, analyst Bryan Strommen of Progressive Ag in Fargo, N.D. painted a rather bearish picture for the commodity markets. However, he noted that prices might not go much lower given the commodities have hit contract lows.
Argentina wheat harvest ends up 24 per cent year over year
Low prices dent economic impact
Argentine farmers have closed the 2023/24 wheat campaign with a harvest of 15.1 metric tons, slightly lower than initially hoped for but up nearly a quarter versus the drought-hit previous season, the Buenos Aires grains exchange said on Tuesday.
Grain quality reports available
Reading Time: < 1 minute The Canadian Grain Commission full quality reports for CWRS, CWAD and CPSR wheats are now available and in a new format. These reports now feature new quality summaries, more visual charts and graphs and additional resources. The quality of the CWRS crop was excellent, with more than 97 per cent of the crop being in […] Read more
Prairie wheat weekly outlook: U.S. futures raise Western Canadian bids
Total wheat production expected to increase to 33.3 million tonnes; total wheat carryout to 4.2 million
The relatively low prices created some interest in the export market. The U.S. Department of Agriculture (USDA) reported net wheat export sales of 451,400 tonnes in its weekly report on Jan. 25, down 36 per cent from the previous week but up 45 per cent from the four-week average. Recent severe cold weather in the northwestern U.S. Plains may have also caused some crop damage.
Western Canadian wheat bids trend down with U.S. futures
Canadian dollar weakened relative to U.S. counterpart
Spring wheat bids in Western Canada continued to trend lower during the week ended Jan. 18, as a move to contract lows in the United States futures weighed on values and countered support from a weaker Canadian dollar.
CBOT weekly outlook: USDA estimates, weather pulling prices down
Shipping costs due to re-routing away from embattled Red Sea also affecting markets
Corn and soybean contracts hit new lows, while wheat saw its weakest prices in nearly two months on the Chicago Board of Trade (CBOT) during the week ended Jan. 17.
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