Insights and Stories on CWRS

May. 19, 2023 at 5:19 pm CDT

MarketsFarm — Spring wheat bids in Western Canada softened during the week ended Thursday, as the bearish influence of the extended Black Sea Grain Initiative more than countered any support from poor winter wheat production prospects in the U.S. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat […]

By Phil Franz-Warkentin

May. 12, 2023 at 7:13 pm CDT

MarketsFarm — Bids for red spring wheat in Western Canada went up, while durum prices declined for the week ended Thursday as traders and analysts await the latest data from the U.S. Department of Agriculture (USDA). USDA released its monthly world agricultural supply/demand estimates (WASDE) report on Friday, including the […]

By Adam Peleshaty

May. 5, 2023 at 7:57 pm CDT

MarketsFarm — Western Canadian spring wheat bids were the beneficiaries of rising U.S. futures prices for the week ended Thursday. Wheat futures on the Chicago Board of Trade (CBOT) were under pressure early in the week due to healthy yet ineffective rains over wheat-growing areas in the U.S. The U.S. […]

By Adam Peleshaty

Apr. 28, 2023 at 8:16 pm CDT

MarketsFarm — Spring wheat bids in Western Canada dropped sharply lower during the last week of April, as a selloff in U.S. futures more than offset any support from a weaker Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $25.90-$27.50 per […]

By Phil Franz-Warkentin

Apr. 23, 2023 at 2:22 am CDT

MarketsFarm — Despite adverse weather conditions in both Canada and the U.S., as well as poor growing conditions south of the border, western Canadian wheat bids saw slight increases for the week ended Thursday. A spring snowstorm descended on eastern Saskatchewan, western Manitoba and North Dakota on Wednesday and Thursday, […]

By Adam Peleshaty