MarketsFarm — As heat and dryness prevail across North Dakota, prices for Minneapolis (MGEX) spring wheat will continue to rise, according to broker Ryan Ettner of Allendale Inc. at McHenry, […] Read more
CBOT weekly outlook: Higher spring wheat all about dry North Dakota
ICE weekly outlook: Swings ahead for canola
MarketsFarm — If anything is certain for canola values, it’s that they are going to be swingy for the next while, according to Ken Ball of PI Financial in Winnipeg. […] Read more
CBOT weekly outlook: Commodities see ‘much needed’ correction
'You’re not going to go up every day'
MarketsFarm — A bullish market and sharp increases in commodities at the Chicago Board of Trade (CBOT), turned downward Wednesday in what Sean Lusk of Walsh Commercial Hedging Services called […] Read more
Pulse weekly outlook: Peas, beans hold up in dry Manitoba
MarketsFarm — Of the pulses being planted in Manitoba this spring, field peas and dry beans appear the best able to handle the difficult drought conditions the province continues to […] Read more
Last year’s flour output up in most categories
MarketsFarm — Statistics Canada reported on Monday that Canadian wheat millers processed 3.267 million tonnes of all wheat in 2020 — a slight increase of about 2.1 per cent over […] Read more
ICE weekly outlook: Rain needed to bolster canola crop
MarketsFarm | Rain — specifically, the lack thereof — is quickly becoming the key issue for canola values, according to Ken Ball of PI Financial in Winnipeg. Until now, dry […] Read more
CBOT weekly outlook: Look for May USDA report to be bullish
New WASDE will include first projections for 2021-22
MarketsFarm — With the next supply and demand estimates from the U.S. Department of Agriculture (USDA) a week away, broker Ryan Ettner provided his outlook on the report. “[Soybean] exports […] Read more
Pulse weekly outlook: Harvest shortcomings could open doors to India
MarketsFarm — As India’s pulse harvest continues, indications have been that initial projections might not be met — which could lead the world’s largest producer and consumer of pulses to […] Read more
Hemp poised for year of gains
Nationwide increase in acres expected
MarketsFarm — The hemp industry in Canada is set for a good year in 2021, according to Canadian Hemp Trade Association (CHTA) CEO Ted Haney. “It looks like we are […] Read more
ICE weekly outlook: Challenging crop year ahead for canola
MarketsFarm — With declines in canola following Statistics Canada’s bullish-leaning projections for acres, it’s becoming more difficult to determine which way prices will trend in coming weeks and months. “Where […] Read more