Spring wheat port prices weaken, durum mixed

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Published: January 22, 2015

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Spring wheat port prices have fallen for a third straight week while durum prices are up on the West Coast, but down at the St. Lawrence, according to the Agriculture Canada weekly price summary.

As of Jan. 16 the West Coast price for No. 1 CW hard red wheat was $329.87 per tonne, down about $6 a tonne from where it was the week before.

At the St. Lawrence the price was $362.59 a tonne, down $10.52 from the week before.

No. 1 durum prices at the West Coast rose to $539.01, up $3.42.

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However, at the St. Lawrence No. 1 durum fell to $573.64, down $22.20 from the week before.

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

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 a sample of 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

Jan 16 329.87 362.59
Jan 9 335.98 373.11
Jan 2 336.06 377.46
Jan 17, 2014 317.50 N/A

 

$C/tonne West Coast

No 1 CWAD

13.0% Protein

Indicator price*

St. Lawrence

No 1 CWAD

13.0% Protein

Indicator price

Jan 9 539.01 573.64
Jan 2 535.59 595.84
Dec 26 530.37 594.89
Jan 17, 2014 380.62 N/A

 

$C/tonne Par Region

Saskatoon

No 1 CAN

Cash

Track

Vancouver

No 1 CAN

Cash

Jan 16 430.58 490.58
Jan 9 431.63 491.46
Jan 2 427.71 482.40
Jan 17, 2014 376.80 456.70

 

 

About the author

D'Arce McMillan

Markets editor, Saskatoon newsroom

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