Insights and Stories on Canadian Dollar

Feb. 8, 2023 at 4:25 pm CST

MarketsFarm — The ICE Futures canola market was once again trading rangebound for the week ended Wednesday, as the March contract was left unchanged from one week earlier at $828.20. The contract oscillated between a range of $819.40 and $837 per tonne during the week, all the while seemingly immune […]

By Adam Peleshaty

Feb. 3, 2023 at 8:11 pm CST

MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, underpinned by gains in U.S. wheat futures. However, durum bids lost some ground. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by between 10 cents and $5.80 per […]

By Phil Franz-Warkentin

Jan. 27, 2023 at 8:30 pm CST

MarketsFarm — Canada Western Red Spring and Canada Western Amber Durum wheat prices declined while bids for Canada Prairie Spring Red rose during the week ended Jan. 26. Wheat futures in the U.S. fell Monday, with the March contracts on the Chicago Board of Trade (CBOT) dropping 21 to 29 […]

By Adam Peleshaty

Jan. 23, 2023 at 5:00 pm CST

MarketsFarm — Wheat prices declined on the Canadian Prairies during the week ended Thursday, as a stronger Canadian dollar and losses in the U.S. wheat complex weighed on values. Pressure came from expanded all-wheat acres to be planted in the United States, 48.84 million expected in 2023 versus the 45.7 […]

By Glen Hallick - MarketsFarm

Jan. 15, 2023 at 7:53 am CST

MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday as a sharp gain in the Canadian dollar relative to its U.S. counterpart cut into basis levels. The currency was up by roughly a penny on the week, settling Thursday at its highest level in […]

By Phil Franz-Warkentin