Insights and Stories on Durum

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. 9, 2023 at 7:45 pm CDT

MarketsFarm — For MarketsFarm Pro analyst Mike Jubinville, there was little in the latest Statistics Canada (StatCan) grain stocks report that would budge the markets. “When I look at the run of StatCan reports that we get through the year, whether they’re acreage, production or ending stocks, this report in […]

By Glen Hallick - MarketsFarm

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. 24, 2023 at 6:43 pm CDT

MarketsFarm — If traders and analysts are correct with their estimates, there will be slightly more wheat and canola acres seeded in Canada this year compared to 2022. Statistics Canada (StatCan) will release its first survey-based acreage estimates for the 2023-24 marketing year on April 26. Other than drier and […]

By Adam Peleshaty