Insights and Stories on Wheat Prices

May. 3, 2016 at 6:42 pm CDT

CNS Canada — Minneapolis wheat prices are gaining on those at other U.S. futures markets, as traders expect reduced acres this year. But the opposite is true for the Kansas City exchange as the expectation of high production weighs, and Chicago markets are moving on technical trading. Minneapolis Grain Exchange […]

By Jade Markus

Apr. 28, 2016 at 4:28 pm CDT

Moscow | Reuters — Russia is likely to extend its wheat export tax for the 2016-17 marketing year, which starts on July 1, because the levy is at a minimum level under current market conditions, traders and analysts said. The government has also indicated it is unlikely to change the […]

By Reuters

Apr. 25, 2016 at 11:20 am CDT

CNS Canada — Cash spring wheat bids across Western Canada were narrowly mixed during the week ended Friday, with prices up slightly in some locations and down in others. Spillover from gains in U.S. futures was offset by the bearish influence of the rising Canadian dollar. Depending on the location, […]

By Phil Franz-Warkentin

Apr. 18, 2016 at 2:52 pm CDT

CNS Canada — Cash spring wheat bids across Western Canada were slightly weaker during the week ended Friday, as the Canadian dollar gained ground relative to its U.S. counterpart. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by roughly $1 to $2.50 per tonne […]

By Dave Sims

Apr. 9, 2016 at 3:25 pm CDT

Geneva | Reuters — Hefty supplies, large expected crops and poor U.S. exports will weigh on grain prices later this year with corn and wheat set to drop to 10-year lows as harvest nears, consultancy AgResource said Friday. In its first 2016 price forecast, the U.S.-based consultancy forecast Chicago Board […]

By Sybille De La Hamaide