Hedge your exposure to the Canadian Wheat market with cash-settled Canadian Wheat (Platts) futures. Closely track the FOB Vancouver cash market with contracts based on the Platts Canadian Western Red Spring (CWRS) Wheat daily price assessment to foster reliable price discovery. Together with existing Chicago, Kansas City, Black Sea, and Australian Wheat futures, you can trade much of the global wheat supply from one marketplace.

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Features and Benefits

Access to an untapped market

Canadian Wheat is the only futures contract available representing the globally vital FOB Vancouver export market for hard wheat.

Wheat spreading opportunities

Spread trade against Chicago and KC Wheat futures to take advantage of price movements relative to other leading wheat markets.

Cross-margining and capital efficiencies

Capitalize on margin offsets with other CME Group contracts and manage all your commodity risk management needs via one clearinghouse.

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Get the latest Agricultural options news, including volatility curves, recent volume, options spreads, and more.
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Explore this product in depth

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/markets/agriculture/short-dated-new-crop-options
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PRODUCTS
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Short-Dated New Crop options
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Control the length of time you hedge and lower the premium you pay for options based on new crop futures contract months, offering flexible risk management.
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CME DIRECT:
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ACCESS FUTURES, OPTIONS, AND BLOCK MARKETS ON ONE SCREEN.
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Learn about Canadian Wheat futures

Hear industry leaders Dan Basse and Neil Townsend discuss the introduction of Canadian Wheat futures, what they mean for global wheat market participants, and how the contracts will help facilitate price discovery.

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Courses

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Take self-guided courses on Canadian Wheat products.

If you're new to futures, the courses below can help you quickly understand the Canadian Wheat market and start trading.

3 modules

Introduction to Grains and Oilseeds

Launch course

Subscribe to Canadian Wheat updates

Connect with a member of our expert Agricultural team for more information about our products.