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Western Canadian spring wheat bids fell sharply, with CWRS down C$24.80-27.80 per tonne during the week ended Thursday. Losses in U.S. wheat futures and a weaker Canadian dollar drove the decline as Ukrainian grain shipments increased.
Lower Prairie cash wheat bids and increased Black Sea shipments point to cheaper wheat for feed buyers in North America.
agcanada.comAGCanadaAug 19, 2022Not 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.
