market outlook

Wheat Market: China cutting back purchases, Russia move involved in private wheat trade

Wheat Market: China cutting back purchases, Russia move involved in private wheat trade

Apr 10, 2024 | 2:10pm
China remains Canada’s largest wheat customer, even though purchases are down about 15 percent compared to the same point during the last crop year. In the 2022/23 season, China accounted for three million tonnes or 26 percent of all Canadian wheat exports. At the current pace, the 2023-24 crop year will be have sales around […]
Exports of Canadian wheat strong despite low demand: SaskWheat Market Outlook

Exports of Canadian wheat strong despite low demand: SaskWheat Market Outlook

Nov 8, 2023 | 4:45pm
Canadian wheat exports were strong in shipping week 13. According to the latest SaskWheat Market Outlook, 526.3-thousand metric tons (mt) of wheat was exported to bring the season total to 5.1-million metric tons, up 11 percent from last year. Michael Wilton with Mercantile Consulting Venture in Winnipeg says the fall program for exports usually peaks in October before […]

Grain markets this week trend downward

Apr 21, 2023 | 2:56pm

Grain markets were showing downward movement this week. P.I. Financial commodity futures advisor Adam Pukalo says the July canola contract is down 20 dollars per metric ton, while spring wheat futures (July Minneapolis Wheat) have declined about 20 cents a bushel, at under $8.50 a bushel. There are two factors, Pukalo says, for the canola […]