Hard Red Spring Wheat: MGEX Futures and CWRS Cash
Canada Western Red Spring wheat takes its futures reference from Minneapolis hard red spring wheat.
The Saskatchewan cash bid also depends on the Canadian dollar, basis, protein and grade.
Start with the guides below, then use the Premium CWRS Dashboard for the current charts.
Start here
Frequently asked questions
What futures contract does Saskatchewan CWRS follow?
Canada Western Red Spring wheat takes its futures reference from Minneapolis hard red spring wheat (MGEX). Your local cash bid is roughly that futures price, adjusted for the Canadian dollar, basis, protein and grade.
How do the Canadian dollar and basis affect my CWRS bid?
A stronger Canadian dollar typically weakens local cash bids relative to Minneapolis futures. Basis reflects local elevator demand, freight and competition. Both move independently of futures and can change your net price even when the board is flat.
Where can I see current CWRS prices and charts?
The guides linked above explain CWRS pricing, the cash spread versus durum, and how to read a Prairie wheat chart. For current levels, use the Premium CWRS Dashboard.
View the Premium CWRS Dashboard →MGEX spring wheat futures, CWRS basis and cash. Latest read, 16 September 2026: nearby futures were $7.49 with a breakout level at $7.60 toward $8.76, and the Saskatchewan CWRS index was $8.59 with $8.70 to clear.
Dated levels from public posts: Monthly levels
How a CWRS sell signal is framed: CWRS technical analysis
