Prairie wheat bids weaken in early August

Prairie wheat bids weaken in early August

Losses in U.S. futures weigh

Hard red spring wheat bids in Western Canada were weaker during the week ended Aug. 7, as a move to five-year lows in the United States futures weighed on prices.



The Chicago Board of Trade Building. Photo: Kevinstack22/iStock/Getty Images

CBOT Weekly: More pressure on grain prices

U.S. grain, soybean prices to go lower: analyst

Corn, soybean and wheat futures on the Chicago Board of Trade continue to drop and one Chicago-based analyst says they are going to be even lower.







Photo: File

Dryness reduces Australian wheat output says USDA attaché

Less area to harvest, reduced yields

With dry conditions in Australia’s southern production regions, the United States Department of Agriculture attaché in Canberra projected reduced wheat production for 2025/26. The attaché wrote in their report released on July 28 that Western Australia, South Australia and Victoria had low soil moisture levels going into wheat planting and there was below-average autumn rains.