This Week in the Markets — New Wheat Lows, a Rebounding Canadian Dollar, and the Value of Rain



Grains this we week were mostly pressured by a lower U.S. dollar, as the Canadian Loonie rebounded to a whopping 83 cents, and seeding conditions across most of North America remaining pretty good. U.S. export sales showcased more international buyers canceling old crop wheat contracts and switching things over to buying new crop. Despite that, something was still on the books, as Chicago wheat futures dropped to their lowest levels in five years. Soybean prices saw a bit of a price improvement thanks to concerns of South American sales and logistics (more truckers and port worker strikes), but this is…

Register to continue reading

Join the RealAg Community

Create a FREE account to access exclusive content, get access to invite-only webinars and, while supplies last, we’ll send you a RealAg Koozy!

  • Focus your experience on by managing your shortcuts and commodities
  • Favourite articles to save for later reading
  • Manage your newsletter subscriptions
  • Comment on articles (restricted to members only)
  • Did we mention the free RealAg Koozy?!

Login Register



Please register to read and comment.


Register for a RealAgriculture account to manage your Shortcut menu instead of the default.