Insights and Stories on K.C. Wheat

Jan. 8, 2016 at 6:38 pm CST

CNS Canada — U.S. wheat futures hit contract lows over the past week, before seeing a short-covering correction in recent days. However, with ample world supplies and poor export demand, the path of least resistance likely remains lower, according to market participants. The fundamentals are pretty bearish for wheat, but […]

By Phil Franz-Warkentin

Nov. 23, 2015 at 6:13 pm CST

CNS Canada — Cash spring wheat bids across Western Canada generally saw some improvement during the week ended Friday, as basis levels saw some improvements at many locations. Average Canada Western Red Spring (CWRS) wheat prices were steady to up by as much as C$3 per tonne during the week, […]

By Phil Franz-Warkentin

Oct. 26, 2015 at 6:06 pm CDT

CNS Canada — Cash wheat bids across Western Canada moved higher during the week ended Friday, as basis levels showed some improvement at most locations. Average Canada Western Red Spring (CWRS) wheat prices were up by C$7-$8 per tonne on average across the three Prairie provinces, according to price quotes […]

By Phil Franz-Warkentin

Jun. 2, 2015 at 5:14 pm CDT

Chicago | Reuters –– U.S. corn, soybean and wheat futures rallied on Tuesday, supported by a steep decline in the U.S. dollar that made all three commodities more attractive to investors looking for a hedge against inflation, traders said. Wheat notched the biggest gain, with the front-month Chicago Board of […]

By Mark Weinraub

May. 5, 2015 at 8:26 pm CDT

CNS Canada –– All three U.S. wheat futures markets hit fresh contract lows on Tuesday — and further losses are likely, as most fundamental and technical factors remain bearish. “The trend certainly hasn’t been positive,” said market analyst Bryan Strommen of Progressive Ag in Fargo, N.D. He cited improving U.S. […]

By Phil Franz-Warkentin