Insights and Stories on Spring Wheat

Nov. 17, 2014 at 6:00 pm CST

CNS Canada –– Average cash bids for Canada Western Red Spring (CWRS) wheat moved higher during the week ended Friday, as strengthening U.S. futures provided support. In Manitoba, the average CWRS price rose to $234 per tonne, from $223 the previous week. Similar gains were noted across the rest of […]

By Phil Franz-Warkentin

Nov. 12, 2014 at 6:49 pm CST

Reuters — Australian farmers are holding back wheat crop sales as dryness in parts of the country’s eastern grain belt cuts yields, raising the likelihood for a boost to global prices that have dropped 13 per cent this year. Farmers in the world’s fourth biggest wheat exporter have sold only […]

By Naveen Thukral

Nov. 10, 2014 at 6:21 pm CST

CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Friday, as basis levels held reasonably steady and prices drifted down with the U.S. futures. In Manitoba, the average CWRS price declined to $223 per tonne, from $234 the previous week. […]

By Phil Franz-Warkentin

Nov. 5, 2014 at 3:52 pm CST

Reuters — Chicago wheat prices may have rallied more than 10 per cent since October 1, but judging by a jump in bearish put option positions tied to the March delivery slot, they are likely to turn lower going into the New Year. More than 3,600 put options were bought […]

By gavin-maguire

Nov. 4, 2014 at 8:04 am CST

Buenos Aires / Reuters — Argentina’s wheat plants were not hit by frost over the weekend as feared but strong rainfall since Saturday has generated excess humidity that could cause an outbreak of disease in the crop, a meteorologist said on Monday. Weather experts last week warned of the possibility […]