MarketsFarm — Canola futures finished up at Monday’s close, boosted by a weather premium after a low-pressure system brought considerable snowfall to parts of Alberta over the weekend. Snow was […] Read more
Alberta snow further delays canola harvest, boosts prices
ICE weekly outlook: Canola values stay rangebound
MarketsFarm — Canola prices have been characterized as “firm one day and softer the next,” this week, remaining largely rangebound in light trading activity. “It’s hard to tell why, but […] Read more
Pulse weekly outlook: Pea harvest nearly complete
MarketsFarm — Canada’s pea crop is almost totally off the fields, but quality remains a question. “Farmers are wrapped up with harvesting right now, so we haven’t received many samples,” […] Read more
Canada’s fuel prices to rise after attack in Saudi Arabia
MarketsFarm — Following an attack on two major oil facilities in Saudi Arabia, consumers can expect a small rise in fuel prices in the days to come. The attacks on […] Read more
ICE weekly outlook: Canola breaks out of week-long funk
MarketsFarm — It’s unclear yet what effect Thursday’s satellite field crop estimates from Statistics Canada will have on markets. Canola broke out of a six-day funk Wednesday, trending just slightly […] Read more
Hay shortage in Manitoba Interlake reaches tipping point
MarketsFarm — A state of agricultural emergency has been declared in 12 municipalities, mostly in Manitoba’s Interlake region, due to chronically low hay yields. Drought and grasshoppers have hindered crops […] Read more
Cash wheat: Western Canadian bids mixed
MarketsFarm — Wheat bids in Western Canada were mixed for the week ended Thursday. Small gains and marginal losses were observed in CWRS, CPSR and durum wheats. Average CWRS (Canada […] Read more
Large oat production won’t move prices
MarketsFarm — While the most recent crop production report from Statistics Canada predicted significantly more oats than originally expected, prices will likely remain stable. Statistics Canada estimated 3.952 million tonnes […] Read more
CBOT weekly outlook: Traders watching weather
MarketsFarm — Corn contracts have tested contract lows on the Chicago Board of Trade, and markets are in need of a bounce. “If contract lows get taken out, you’re talking […] Read more
Hemp yield uncertain ahead of harvest
MarketsFarm — While Canada’s licensed hemp acreage nearly doubled from 2018 to 2019, yield estimates will remain uncertain until licensed producers report their crops to Health Canada after harvest. “Health […] Read more