Insights and Stories on K.C. Wheat

Nov. 14, 2021 at 7:57 pm CST

MarketsFarm — A larger-than-expected cut in the U.S. Department of Agriculture’s (USDA) latest supply and demand forecast, plus rising wheat futures in anticipation of tighter worldwide supply, led to higher bids for western Canadian wheat for the week ended Thursday. USDA on Tuesday trimmed world wheat ending stocks to 275.8 […]

By Adam Peleshaty

Nov. 10, 2021 at 4:38 pm CST

Chicago | Reuters –– U.S. wheat futures rallied on Wednesday, with the front-month K.C. hard red winter wheat contract jumping to its highest in 7-1/2 years, on concerns about tightening global supplies and strong export demand. Corn futures also rose, with the most-active contract surging 2.6 per cent in its […]

By Tom Polansek

Oct. 15, 2021 at 6:18 pm CDT

MarketsFarm — Minneapolis spring wheat futures climbed to contract highs during the week ended Thursday, which provided spillover support for Canadian cash bids. However, strength in the Canadian dollar was a bearish influence, tempering the upside in the cash market. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) […]

By Phil Franz-Warkentin

Oct. 8, 2021 at 7:44 pm CDT

MarketsFarm — Cash wheat bids across Western Canada moved higher during the week ended Thursday in sympathy with U.S. futures markets. The strength came despite a firmer tone in the Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $11.40-$14.90 per tonne, […]

By Phil Franz-Warkentin

Oct. 1, 2021 at 7:00 pm CDT

MarketsFarm — The spring wheat harvest coming to a close in the Prairie provinces and cuts in production estimates south of the border have caused mixed bids in Western Canada for the week ended Thursday. All three Prairie provinces have either completed or have nearly completed spring wheat combining, bringing […]

By Adam Peleshaty