Insights and Stories on Winter Wheat

Apr. 1, 2022 at 8:12 pm CDT

MarketsFarm — While peace prospects in Ukraine brought pressure onto wheat futures early on, a U.S. Department of Agriculture report caused the prices for two major western Canadian wheat varieties to close at different levels for the week ended Thursday. On the Chicago Board of Trade (CBOT), wheat futures declined […]

By Adam Peleshaty

Mar. 21, 2022 at 3:14 am CDT

MarketsFarm — Spring wheat bids across Western Canada moved higher during the week ended Thursday, although the uncertain situation in Ukraine saw some wide price swings in U.S. wheat futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $11.30-$16.30 per tonne, according to […]

By Phil Franz-Warkentin

Mar. 7, 2022 at 7:00 pm CST

Reuters — Iraq will allocate US$100 million to urgently purchase wheat and create a strategic reserve by importing three million tons of the grain, the commerce minister said in a statement on Monday. “The ministry has a plan to achieve food security for citizens and to address the global rise […]

By Reuters

Mar. 4, 2022 at 7:00 pm CST

MarketsFarm — Russia’s ongoing invasion of Ukraine has not only sparked a conflict between two of the world’s major wheat exporters, but also limit-up price rallies for wheat futures during the week ended Thursday. As sanctions grow against Russia, as well as uncertainty over access to Ukrainian ports on the […]

By Adam Peleshaty

Feb. 25, 2022 at 7:23 pm CST

MarketsFarm — Spring wheat bids across Western Canada moved higher during the week ended Thursday as gains in U.S. futures and a weaker tone in the Canadian dollar provided support. Russia’s invasion of Ukraine contributed to gains in wheat futures, but the volatile situation led to large price swings in […]

By Phil Franz-Warkentin