Insights and Stories on Spring Wheat

Feb. 6, 2020 at 11:55 am CST

MarketsFarm — Feed grain prices were beginning to soften as many buyers don’t have a major need to purchase from growers, said Nelson Neumann, senior trader for Agfinity in Stony Plain, Alta. “There’s still obviously a demand, but buyers are pretty well covered for the February-March timeframe. That’s a window […]

By Glen Hallick - MarketsFarm

Jan. 31, 2020 at 9:19 pm CST

MarketsFarm — Hard red spring wheat bids in Western Canada moved lower during the week ended Thursday, as a sell-off in U.S. futures weighed on prices. Concerns that the Wuhan coronavirus would lead to a slowdown in the global economy accounted for some of the broad speculative selling that weighed […]

By Phil Franz-Warkentin

Jan. 30, 2020 at 5:32 pm CST

MarketsFarm — After a bit of a rally for feed grain prices over the last three to four weeks, the feedlots are on the full side, said Brandon Motz of CorNine Commodities at Lacombe, Alta. “That normally means we back off a little bit,” he said, noting there hasn’t been […]

By Glen Hallick - MarketsFarm

Jan. 29, 2020 at 7:46 pm CST

MarketsFarm — At close to 1.03 billion tonnes, there’s going to be more wheat in the world in 2019-20 than in the previous marketing year, according to the latest outlook from the International Grains Council (IGC). The London-based organization released its report on Jan. 23, in which it revised its […]

By Glen Hallick - MarketsFarm

Jan. 25, 2020 at 12:47 pm CST

MarketsFarm — Wheat bids in Western Canada for the week ended Thursday were up for CWRS and CPSR, while durum (CWAD) bids were mostly higher. The Canadian dollar was down by more than a half cent during the week. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat […]

By Glen Hallick - MarketsFarm