Saskatchewan CWRS prices and Minneapolis spring wheat
Saskatchewan hard red spring wheat is priced off two numbers. The futures reference is Minneapolis Grain Exchange hard red spring wheat. The number you get paid is the Canada Western Red Spring cash bid, usually quoted by protein, most often 13.5 percent for the PDQ average. Basis is the local bid minus the Minneapolis futures month the buyer is using, after grade and protein. A strong Minneapolis screen can still leave a weak Saskatchewan bid if basis gives it back.
PDQ, owned by the Alberta Wheat Commission and published by Grainews, reported 1 CWRS 13.5 averages on 1 October 2026 of $318.44 in northwest Saskatchewan, $307.56 in the southwest, $311.23 in the northeast and $297.57 in the southeast. Prices are Canadian dollars per tonne. The southeast average sat about twenty dollars under the northwest average that day. That spread is freight, local supply and buyer coverage, not a data error.
This page is the standing reference for the Klarenbach Grain Report spring wheat notes. The Premium note carries the Minneapolis chart, the moving-average levels and the cash-flow target. This page keeps the class, the region and the dated cash table in the open. Do not treat a Chicago or Kansas City quote as a CWRS hedge. Those are different wheats.
Saskatchewan CWRS cash averages, 1 October 2026
Canadian dollars per tonne. 1 CWRS 13.5. Source: PDQ via Grainews. Regional averages of posted bids, not a bid for your station.
Region | 1 CWRS 13.5 |
|---|---|
Northwest Saskatchewan | 318.44 |
Southwest Saskatchewan | 307.56 |
Northeast Saskatchewan | 311.23 |
Southeast Saskatchewan | 297.57 |
Frequently asked questions
What futures market tracks Saskatchewan spring wheat?
Minneapolis Grain Exchange hard red spring wheat is the futures reference for Canada Western Red Spring. It is a reference, not the bid. Basis, protein, grade and the delivery window sit between the screen and the elevator.
What did Saskatchewan CWRS average on 1 October 2026?
PDQ, via Grainews, reported 1 CWRS 13.5 averages of $318.44 in northwest Saskatchewan, $307.56 in the southwest, $311.23 in the northeast and $297.57 in the southeast.
Why is southeast Saskatchewan spring wheat cheaper on the average?
The 1 October PDQ table showed southeast 1 CWRS 13.5 at $297.57 against $318.44 in the northwest. Freight, local supply and buyer coverage do that. It is an average of posted bids, not a forecast. The method behind the chart call is in the technical analysis guide.
