Wheat prices at port start to firm — weekly port price report

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Published: May 21, 2015

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The multi-week decline in wheat and durum prices has slowed in the latest Agriculture Canada weekly price summary.

As of May 15 the West Coast price for No. 1 durum 13 percent protein was $432.43, down $9.22 and the St. Lawrence 12 percent protein price fell to $396.30, down $2.25.

According to the website PDQinfo.ca, Prairie durum bids range from about $272 to $315 per tonne.

The May 15 Agriculture Canada West Coast price for No. 1 CW hard red wheat 13.5 percent protein was $302.68 per tonne, up $11.02 a tonne from where it was the week before. The St. Lawrence price for the same grade was $276.69, down $3.51.

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The PDQinfo.ca site says CWRS wheat on the Prairies ranges from about $203 to $227 a tonne.

Canola at the West Coast was $485.30, down $1.96.

PDQInfo.ca reports canola ranges from abou $410 to $447 across the Prairies.

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 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

May 15 302.68 276.69
May 8 291.66 280.20
May 1 289.01 283.35
May 16, 2014 346.74 N/A

 

$C/tonne West Coast

No 1 CWAD

13.0% Protein

Indicator price

St. Lawrence

No 1 CWAD

12.0% Protein

Indicator price

May 15 432.43 396.30
May 8 441.65 398.55
May 1 460.18 422.74
May 16, 2014 401.67 N/A

 

$C/tonne Par Region

Saskatoon

No 1 CAN

Cash

Track

Vancouver

No 1 CAN

Cash

May 15 445.30 485.30
May 8 447.26 487.26
May 1 438.08 483.08
May 16, 2014 467.44 529.50

 

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