Insights and Stories on Spring Wheat

Feb. 19, 2015 at 6:28 pm CST

CNS Canada –– Good-quality durum has enjoyed large premiums over other wheat classes this past year, but opportunities for any unpriced durum still left to sell may be getting harder to find, as attention turns to large global new-crop projections. Durum prices today are topping out at about $9.75 per […]

By Phil Franz-Warkentin

Feb. 17, 2015 at 5:28 pm CST

CNS Canada — Cash bids for Canada Western Red Spring (CWRS) wheat across the Prairies generally moved higher during the week ended Friday. Average CWRS prices gained about $7-$9 per tonne, with prices ranging from about $210 per tonne in north-central Saskatchewan to $228 in Manitoba, according to bids from […]

By Phil Franz-Warkentin

Feb. 5, 2015 at 6:22 pm CST

CNS Canada — All three U.S. wheat futures markets have seen a sizeable corrective bounce after hitting their lowest levels in months to start the week — and could be due for some more strength heading into the spring, a U.S. analyst says. “I’d like to think that the lows […]

By Phil Franz-Warkentin

Feb. 2, 2015 at 6:15 pm CST

CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat generally moved lower during the week ended Friday. Average CWRS prices lost about C$1-$4 per tonne, with prices ranging from about $197 per tonne in north-central Saskatchewan to $216 per tonne in Manitoba, according to bids from […]

By Phil Franz-Warkentin

Jan. 30, 2015 at 7:36 pm CST

CNS Canada — The difference between futures markets and cash markets for any exchange-traded commodities can usually be brought into focus by the basis — that is, except in Prairie wheat, where that focus has now gone fuzzy. Typically, a wide or narrow basis provides some indication of how representative […]

By Phil Franz-Warkentin