Insights and Stories on Wheat Prices

Apr. 6, 2023 at 10:49 am CDT

MarketsFarm — Spring wheat bids in Western Canada softened during the week ended Wednesday, as choppiness in U.S. futures and strength in the Canadian dollar weighed on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $1.60-$6.90 per tonne across the Prairies, according […]

By Phil Franz-Warkentin

Mar. 31, 2023 at 8:08 pm CDT

MarketsFarm — Wheat prices on the Canadian Prairies saw modest increases in the red spring varieties during the week ended Thursday, while durum stepped back. Significant gains in the U.S. wheat complex spilled over into Canadian cash prices, but stronger Canadian dollar tempered further increases. Ongoing concerns about dry conditions […]

By Glen Hallick - MarketsFarm

Mar. 17, 2023 at 8:22 pm CDT

MarketsFarm — Wheat prices on the Canadian Prairies saw upticks in the red spring varieties during the week ended Thursday, while durum stepped back a little. A strong upswing in the U.S. wheat complex lent support to Canadian cash prices, but a slightly higher dollar tempered further increases. There’s continued […]

By Glen Hallick - MarketsFarm

Mar. 10, 2023 at 8:15 pm CST

MarketsFarm — Hawkish comments from the chair of the U.S. Federal Reserve and the possible renewal of the Black Sea Grain Initiative brought down wheat futures on the Chicago Board of Trade (CBOT) for the week ended Thursday — and, in turn, pressured western Canadian wheat bids. In front of […]

By Adam Peleshaty

Feb. 17, 2023 at 6:40 pm CST

MarketsFarm — Despite bullish factors affecting wheat futures on the Chicago Board of Trade (CBOT), western Canadian wheat bids did not see much change during the week ended Thursday. Futures prices for all three major U.S. varieties increased week-by-week, mostly fuelled by large gains on Feb. 10, as traders shifted […]

By Adam Peleshaty