Insights and Stories on Wheat Prices

Jun. 23, 2023 at 7:31 pm CDT

MarketsFarm — Spring wheat prices on the Canadian Prairies experienced sharp upticks while gains for durum were much more subdued. A drop in U.S. wheat ratings fueled the upswing in wheat prices, as dry conditions took further hold with approximately 15 per cent of U.S. spring wheat now in drought. […]

By Glen Hallick - MarketsFarm

Jun. 16, 2023 at 7:44 pm CDT

MarketsFarm — Warmer-than-normal temperatures and ongoing dryness in both Western Canada and the U.S. helped raise Prairie wheat bids for the week ended Thursday. Rains fell onto parts of northern and central Alberta on Thursday, but the rest of the Prairies only saw sporadic showers, if any, during the week. […]

By Adam Peleshaty

Jun. 12, 2023 at 11:51 am CDT

MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, as a rally in Minneapolis spring wheat futures countered the bearish influence of a rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $8.80-$10.70 per […]

By Phil Franz-Warkentin

May. 26, 2023 at 6:33 pm CDT

MarketsFarm – Red spring wheat bids in Western Canada were down, while durum prices were mixed during the week ended May 25, after the release of bearish data. On May 23, Agriculture and Agri-Food Canada (AAFC) presented its monthly principal field crop report, which estimated 2023-24 wheat production (including durum) […]

By Adam Peleshaty - MarketsFarm

May. 19, 2023 at 5:19 pm CDT

MarketsFarm — Spring wheat bids in Western Canada softened during the week ended Thursday, as the bearish influence of the extended Black Sea Grain Initiative more than countered any support from poor winter wheat production prospects in the U.S. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat […]

By Phil Franz-Warkentin