Latest port price report shows prices similar to last year at this time

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Published: September 17, 2015

Wheat prices at port edged higher while durum was a little lower in the latest Agriculture Canada weekly price summary.

Canola was little changed from the previous week.

Compared to last year at this time, wheat and durum are little changed, but canola this year at port is about 10 percent stronger than last year at the same time.

As of Sept. 11 the West Coast price for No. 1 durum 13 percent protein was $450.77, down almost 12 from the week before and down about $50 from mid August.

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The PDQinfo.ca average cash price for the same grade of CWAD in southwestern Saskatchewan Sept. 17 is $326 a tonne.

The difference between the Vancouver port price and the Saskatchewan cash price is about $125.

The Sept. 11 West Coast port price for No. 1 CW red spring wheat 13.5 percent protein was $295.46 per tonne, up $4.86 a tonne from where it was the week before. The St. Lawrence price for the same grade was $300.32, up $9.11.

The PDQinfo.ca average cash price Sept 17 for the same grade of CWRS in southwestern Saskatchewan is $221.49 per bushel.

The difference between the Vancouver port price and the Saskatchewan price is about $74 a tonne.

Canola at the West Coast Sept. 11 was $499.98, up about $2 from the week before.

The PDQinfo.ca average cash price for the same grade of canola in southwestern Saskatchewan is about $453.

The difference between the Vancouver port price and the Saskatchewan price is about $47 a tonne.

The full report is available by clicking here at Agriculture Canada’s web site.

The full report from Agriculture Canada provides a listing of crop prices for specific commodities in Canada and the United States in which comparisons can be made between current prices, cumulative to-date averages, and historical crop year and calendar year averages.

The summary is for information only. The prices are believed to be accurate but are not endorsed by the government of Canada.

The “Indicator Price” is collected from the International Grains Council and industry and represents a sample of FOB asking prices for export. It may not be reflective of actual selling prices.

The following is information extracted from the full report.

 

 

$C/tonne West Coast

No 1 CWRS

13.5% Protein

Indicator price*

St. Lawrence

No 1 CWRS

13.5% Protein

Indicator price

Sept 11 295.46 300.32
Sept 4 290.60 291.21
Aug 28 295.39 283.93
Sept 12, 2014 304.47 326.31

 

$C/tonne West Coast

No 1 CWAD

13.0% Protein

Indicator price*

St. Lawrence

No 1 CWAD

12.0% Protein

Indicator price

Sept 11 450.77 456.44
Sept 4 462.70 464.62
Aug 28 477.18 475.88
Sept 12, 2014 432.04 487.37

 

$C/tonne Par Region

Saskatoon

No 1 CAN

Cash

Track

Vancouver

No 1 CAN

Cash

Sept 11 454.98 499.98
Sept 4 452.92 497.92
Aug 28 461.43 509.06
Sept 12, 2014 405.64 453.52

 

 

 

About the author

D'Arce McMillan

Markets editor, Saskatoon newsroom

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