MarketsFarm — The International Grains Council (IGC) released its monthly supply and demand report Thursday, projecting a six million-tonne increase in total global grain production at 2.289 billion tonnes in […] Read more
Grains council tweaks numbers in latest supply and demand data
Pulse weekly outlook: Market remains very quiet
MarketsFarm — Things remain very quiet in the pulse market with little demand from buyers and producers unwilling to sell, according to Marcos Mosnaim of Mercais Commodities in Toronto. “We […] Read more
Supply/demand pushing up flax prices
Corrected, Sept. 23 — MarketsFarm — Prices for flax have skyrocketed in 2021, as the amount to be harvested has fallen while demand has increased, according to Dale McManus of […] Read more
ICE weekly outlook: Canola remains rangebound
Trade predicts even smaller production
MarketsFarm — At least for the foreseeable future, ICE Futures canola is likely to remain rangebound, according to analyst David Derwin of PI Financial in Winnipeg. The November canola contract […] Read more
Canada’s canola production likely to be cut further
MarketsFarm — Barely two weeks after Statistics Canada projected 2021-22 canola production to come in around 14.7 million tonnes, the U.S. Department of Agriculture forecast the Canadian oilseed crop to […] Read more
USDA’s September supply/demand data contain few surprises
MarketsFarm — There was few, if any, surprises to be found for grain traders in the latest supply and demand report from the U.S. Department of Agriculture (USDA). The September […] Read more
Feed weekly outlook: Incoming corn pressures barley, wheat
MarketsFarm — Pressure from forthcoming corn imports from the U.S. have been driving down feed prices for barley and wheat in Saskatchewan and Manitoba, according to Evan Peterson, trader with […] Read more
CBOT weekly outlook: ‘Tricky’ USDA report due Friday
MarketsFarm — With the U.S. Department of Agriculture (USDA) set to issue its monthly supply and demand estimates (WASDE) on Friday, a broker said it will be a “tricky report.” […] Read more
ICE weekly outlook: Canola futures slide, cash prices might not follow
Weakness seen ongoing in soy complex
MarketsFarm — If the October soyoil contract on the Chicago Board of Trade (CBOT) falls to 55 U.S. cents/lb., it’s likely ICE Futures canola will drop to around $850 per […] Read more
Feed weekly outlook: No surprises in latest barley numbers
MarketsFarm — Following the release of monthly supply and demand estimates from Agriculture and Agri-Food Canada (AAFC) Thursday, Brandon Motz of CorNine Commodities at Lacombe, Alta. wasn’t surprised at how […] Read more