MarketsFarm – Prices at the Chicago Board of Trade could increase if there’s heat damage to the United States corn and soybean crops, according to Tom Lilja of Progressive Ag […] Read more
CBOT weekly outlook: damage from extreme heat immediately unknown
CBOT largely ignored the latest machinations in the Russia-Ukraine war that could change quickly: analyst
Pulse weekly outlook: AAFC trims production numbers
Lentil, chickpea prices up after report
MarketsFarm — Among the many revisions Agriculture and Agri-Food Canada made to its August supply and demand report on Friday were reductions in pulse output for 2023-24. Most of Canada’s […] Read more
AAFC cuts production numbers on drought
Wheat production figures reduced, corn up
MarketsFarm — Agriculture and Agri-Food Canada published its August outlook for principal field crops on Friday, with some notable changes. Production for several cereal, oilseed and pulse crop were reduced, […] Read more
CBOT weekly outlook: Wheat, corn likely to trend downward
Weather to steer soybean values
MarketsFarm — Wheat and corn on the Chicago Board of Trade are likely to fall back in the coming weeks, according to Terry Reilly, senior agricultural specialist for Marex in […] Read more
Feed weekly outlook: Influx of cheaper U.S. corn pushing down prices
Weaker Chicago corn prices led to a 50-cent/bu. drop in Alberta feed barley, wheat
MarketsFarm – Feed grain prices took a tumble this week in Alberta, said Susanne Leclerc of Market Master Ltd. in Edmonton. “It’s kind of shocking. I know we had some […] Read more
Manitoba’s crops continue to hold up
Hay yields generally below average; pasture conditions were deteriorating due to dryness
MarketsFarm – Timely rains in Manitoba have kept the province’s crops in relatively good shape, according to the latest crop report. Manitoba Agriculture said precipitation as of Aug. 1 amounted […] Read more
Pulse weekly outlook: lentils poised to go either way pricewise
Everything is dependent on the yields come harvest says analyst
MarketsFarm – Before the harvest of lentils gets underway across the Canadian Prairies, there has been some speculation as to which way prices could go, according to Levon Sargsyan of […] Read more
Strike’s impact on grain movement yet to come
Port workers union, employers reached a tentative agreement Monday morning but backlog likely to linger
MarketsFarm, Reuters – Despite grain movement at Canada’s West Coast ports not being really affected by the British Columbia port workers strike in July, there’s a good chance for issues […] Read more
Prairie cash wheat: durum soars as red spring falls back
Steep increases following Russian attacks on Ukrainian ports were gone by mid-week
MarketsFarm – There were sharp increases in durum across Western Canada for the week ended July 27, while spring wheat incurred small to moderate declines. There were gains in Minneapolis […] Read more
ICE weekly outlook: canola market heading towards choppy waters
Markets will pause to see how the crops finish developing: analyst
Marketsfarm – While the recent gains in canola on the Intercontinental Exchange were likely generated by the spreaders, the market will probably become choppy, according to Ken Ball, trader with […] Read more