Ontario Winter Wheat Spot Market And Forward Contract Prices

Weekly statistical data tracks spot and forward contract prices for winter wheat in Ontario, compiled by Statistics and Economics staff of the Ontario Ministry of Agriculture, Food and Agribusiness. The dataset includes over a dozen specific metrics such as Chicago Board of Trade prices, cash prices, basis calculations, and multi-year averages. Data was last updated in March 2026.

Use Cases

• Analyze the relationship between old crop and new crop weekly adjusted basis values to model local market premiums.
• Forecast cash price spread using historical CBOT price spread and Canadian dollar value data.
• Compare current weekly unadjusted basis against the 5-year and 10-year average for winter wheat basis to identify market anomalies.
• Model forward contract pricing by correlating new crop cash price with old crop Chicago Board of Trade prices.

Strengths

• Contains over 10 distinct price and basis metrics per weekly observation
• Includes long-term benchmark data via 5-year and 10-year averages for basis and cash price

Limitations

• Geographic scope is limited exclusively to Ontario, Canada
• Specific row count and historical time range are not provided

Provenance

Source

Government of Ontario, Ministry of Agriculture, Food and Agribusiness

Collection Method

Compiled by ministry Statistics and Economics staff in cooperation with Statistics Canada and farm marketing boards

Time Range

Weekly time-series; specific start date unknown

Freshness

Updated weekly; last update was March 2026.

Geography

Ontario, Canada