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Western Canadian wheat bids fell about C$3 per tonne in the week ended April 18, with Canadian Western Red Spring prices ranging from about C$227 to C$247 per tonne. Prairie Spring Red bids dropped C$6 to C$8 per tonne, while durum rose slightly.
Lower Canadian cash wheat bids follow weaker Minneapolis futures and reflect ample supplies, keeping feed wheat costs low for buyers in Western Canada.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.