Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Mon Jan 20, 2014 03:15 PM CST

While some producers question the large supplies of grain that are being suggested on the Prairies, since perhaps they are caught up on their deliveries against this year's contracts, other people are stressed. They may have moved little volume while struggling to simply find a bid, since many companies have been off the market for months on end.

Grain companies are not reflecting concern about supplies, given the bids offered through to September. While both wheat and canola basis levels narrow in May as would be expected, basis levels widen through the rest of the crop year and into September. ...

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