NEWS
Canada Markets
Cliff Jamieson Canadian Grains Analyst
Thu Jun 26, 2014 04:52 PM CDT

The CWB updated its price indications for the 2014/15 crop today, providing a glimpse of what's to come based on a snapshot in time. Despite weather-related challenges faced on the Prairies and Northern Plains of the United States, conditions are viewed to be favorable overall, which has weighed on futures markets, while recent strength in the Canadian dollar has also acted to limit potential returns for Canadian crops.

The Pool Return Outlooks (PROs) for all grades of Canada Western Red Spring were reported to be $25 to $26 per metric tonne below the May 22 report. No. 1 CWRS 13.5% ...

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