Insights and Stories on Wheat Markets

Aug. 24, 2015 at 5:44 pm CDT

CNS Canada –– Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were steady to slightly lower during the week ended Friday, while Canada Prairie Spring Red (CPSR) bids were mixed. Average CWRS wheat prices were steady to C$3 per tonne lower across the three Prairie provinces, according to […]

By Phil Franz-Warkentin

Aug. 18, 2015 at 7:23 pm CDT

CNS Canada — U.S. wheat futures have moved steadily lower since the beginning of July, and appear poised for more losses as there is little supportive news in the market. “There’s just nothing bullish in the wheat market at the moment,” said Adam Knosalla of Frontier Futures in Minneapolis. He […]

By Phil Franz-Warkentin

Jul. 8, 2015 at 6:04 pm CDT

CNS Canada –– Weather-related issues ranging from floods to drought have been putting wheat crops at risk globally, bringing potential for prices to move higher. Traders are watching to see how the crop in Canada will shape up, given recent dryness in the West, according to Jonathon Driedger, senior market […]

By Jade Markus

Jun. 17, 2015 at 7:09 pm CDT

CNS Canada –– Increased demand by Canadians for gluten-free products had an impact on the wheat industry, leading reduced sales and experiments with new ways to feed the market. Now, industry specialists have mixed opinions on the future of gluten-free. Almost a third of Canadians, 10 million people, are seeking […]

By Jade Markus

May. 29, 2015 at 6:08 pm CDT

Moscow | Reuters –– Russia approved the launch of a new wheat export tax from July 1, which traders say could threaten profits on advance contracts for the new crop if the rouble weakens in coming months. Russia’s government said Friday that the new tax was intended to stop exports […]

By Reuters