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Opening Saskatchewan prices on December 17 showed 1 Red Spring Wheat at 274.39, down 68 cents. Canola was quoted at 559.12, down 2.80, and feed wheat and feed barley were listed at 203.15 and 246.57.
The quotes were released with comments from market analysts.
A drop in Canadian spring wheat prices reflects softer global wheat sentiment. Feed buyers should expect Canadian wheat to trade weaker in the short term.
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.