Flour prices fell in 2024, according to a new report from Statistics Canada.
Tag Archives wheat price
Lower wheat price reduces flour bill
The price of non-durum milling wheat in Saskatchewan was 22 per cent lower in 2024 than it was the previous year
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.
Wheat tumbles despite tight stocks
An analyst thinks Russia’s strong export program is behind spring wheat’s recent 15 percent price decline at Minneapolis
Canada entered the 2023-24 crop year with the lowest combined wheat and durum stocks in history. Agriculture Canada estimates there were 3.24 million tonnes of both crops on hand as of Aug. 1, 2023. That would break the previous record low of 3.66 million tonnes set in 2021-22 following a severe drought. Analysts are also […] Read more
