# Prairie cash wheat: Bids fall sharply lower - AgCanada

> 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.

- Date: 2022-08-19 · published 2022-08-19T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/40083-prairie-cash-wheat-bids-fall-sharply-lower-agcanada
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Lower Prairie cash wheat bids and increased Black Sea shipments point to cheaper wheat for feed buyers in North America.

## Read by commodity

- WHEAT: bearish ▼
- USDCAD: neutral

## Sources

- agcanada.com: https://www.agcanada.com/daily/prairie-cash-wheat-bids-fall-sharply-lower

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.