Insights and Stories on Wheat Bids

Feb. 16, 2024 at 10:29 am CST

United States wheat futures hit new contract lows and pressured Western Canadian wheat bids during the week ended Feb. 15.

By Adam Peleshaty - MarketsFarm

Jan. 26, 2024 at 11:20 am CST

The relatively low prices created some interest in the export market. The U.S. Department of Agriculture (USDA) reported net wheat export sales of 451,400 tonnes in its weekly report on Jan. 25, down 36 per cent from the previous week but up 45 per cent from the four-week average. Recent severe cold weather in the northwestern U.S. Plains may have also caused some crop damage.

By Adam Peleshaty - MarketsFarm

Jan. 19, 2024 at 3:22 pm CST

Spring wheat bids in Western Canada continued to trend lower during the week ended Jan. 18, as a move to contract lows in the United States futures weighed on values and countered support from a weaker Canadian dollar.

By Phil Franz-Warkentin

Nov. 27, 2023 at 8:15 am CST

MarketsFarm — Wheat prices across the Prairies lost ground during the week ended Nov. 23, with Canada Western Red Spring and Canada Prairie Spring Red wheats incurring larger declines than those for durum. Minneapolis and Kansas City wheat futures pulled back during the week, but Chicago nudged up a little. […]

By Glen Hallick - MarketsFarm

Nov. 20, 2023 at 12:45 pm CST

MarketsFarm — Bids for western Canadian wheat were down all around for the week ended Thursday, with Canada Prairie Spring Red (CPSR) wheat having the largest losses. U.S. wheat futures were lower as export sales continued to be weak. For the week of Nov. 3-9, 176,300 tonnes were sold for […]

By Adam Peleshaty