AgricultureNews

Western Canadian wheat: Lower loonie strengthens Prairie bids

Source: Glen Hallick, MarketsFarm, February 10, 2020

Average prices ranged from about C$225 per tonne in northeastern Saskatchewan, to as high as C$249 per tonne in southern Alberta.

Wheat bids in Western Canada for the week ended Feb. 6 were up for Canadian Western Red Spring Wheat (CWRS) and Canada Prairie Red Spring (CPRS). Bids for Canadian Western Amber Durum (CWAD) were steady to higher.

The Canadian dollar was down by approximately four-tenths of a cent during the week.

Average CWRS (13.5 percent) wheat prices were higher C$3 to C$5 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes).

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