Insights and Stories on Wheat Prices

May. 13, 2022 at 8:08 pm CDT

MarketsFarm — A rally in U.S. wheat futures together with a downturn in the Canadian dollar combined to take Prairie wheat bids sharply higher during the second week of May. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $40.80-$45 per tonne during the […]

By Phil Franz-Warkentin

Apr. 29, 2022 at 8:32 pm CDT

MarketsFarm — Adverse weather on both ends of the U.S. Plains as well as a weaker Canadian dollar were both supportive factors for western Canadian wheat bids for the week ended Thursday. For the second straight weekend, a Colorado low system hit the northern Plains as well as the eastern […]

By Adam Peleshaty

Apr. 22, 2022 at 8:29 pm CDT

MarketsFarm — Wheat prices on the Prairies during the week ended Thursday incurred moderate losses in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) while durum (CWAD) pushed upward. Declines in the U.S. wheat complex led the way, with a higher Canadian dollar this week adding more […]

By Glen Hallick - MarketsFarm

Apr. 8, 2022 at 8:14 pm CDT

MarketsFarm — A sharp reduction of wheat acres in war-torn Ukraine and poor crop conditions in the United States all brought support to wheat bids in Western Canada for the week ended Thursday. Russia’s invasion of Ukraine has not only posed major difficulties exporting grain out of the country, but […]

By Adam Peleshaty

Apr. 1, 2022 at 8:12 pm CDT

MarketsFarm — While peace prospects in Ukraine brought pressure onto wheat futures early on, a U.S. Department of Agriculture report caused the prices for two major western Canadian wheat varieties to close at different levels for the week ended Thursday. On the Chicago Board of Trade (CBOT), wheat futures declined […]

By Adam Peleshaty