Ripe wheat near Selkirk, Manitoba in late August, 2024.

Wheat losses expected

Market analyst says spring wheat isn’t a ‘money-making thing’ under current prices

many farmers won’t make a profit growing spring wheat this year, but there should be good demand for high protein, high quality wheat.

A spring wheat crop with some trees in the background.

Wheat markets rebound but headwinds persist

Expectations of a large U.S. winter wheat crop weigh on prices, but dryness supports spring wheat in the futures market

Spring wheat futures markets have managed to bounce off contract lows over the past two weeks and are trading close to a two-month high.


Have the wheat bear markets run their course?

Have the wheat bear markets run their course?

It looks like the worst of the bear market is over; additional moderate losses can’t be ruled out, but deep declines are unlikely

Wheat futures keep trying to rally. Time after time, the rallies fail. The markets seem stuck in low-level ruts.

A ripe wheat crop bends in the wind.

Wheat prices stuck in a sideways trading range

The crop has been stubbornly static, despite trade threats flying and other commodities taking wild rollercoaster rides

Trade and tariff uncertainty may be triggering large price swings in canola and soybeans, but wheat remains largely immune to those broader geopolitical influences for the time being.



A ripe crop of wheat near Selkirk, Manitoba.

New reports from USDA prove bearish for wheat

Survey finds U.S. winter wheat production could reach 1.381 billion bushels, which is 32.7 million bu. higher than last year

U.S. Department of Agriculture reports released on May 12 provided a bearish picture for the wheat situation in 2025-26. The Crop Production report provided the first glimpse of the yield potential of the 2025 U.S. wheat crop. Winter wheat production was forecast to be up by two per cent from last year. In the World […] Read more



A not-quite-ripe crop of wheat near Stockholm, Sask.

Funds’ bearish position keeps lid on wheat price

Money managed funds were net short 163,135 contracts in April, indicating their belief that wheat remains overvalued

The main driver of the drop in wheat prices has been a long-term bearish position in wheat by the managed money funds.