MarketsFarm — Late-season rains wreaked havoc on the 2019 harvest season but were helpful in restoring topsoil moisture to key growing regions in the Prairies. Since snow coverage has been […] Read more
Variable Prairie weather makes for uncertain spring ahead
If nothing else, a rainy harvest season helped replenish topsoil moisture
Prairie cash wheat: Bids mostly lower
MarketsFarm — Wheat bids in Western Canada were mostly lower for the week ended Friday. Losses were observed in Canada Western Red Spring Wheat (CWRS) and Canada Prairie Spring Red […] Read more
CBOT weekly outlook: Trading cautious on Phase One pact
MarketsFarm — Though China and the United States signed their Phase One trade deal on Wednesday, commodity markets remained “extremely cautious,” according to one analyst. Prices were muted at midday […] Read more
ICE weekly outlook: Canola stronger at midweek
MarketsFarm — Canola was “well supported” at midweek, bolstered by strength in comparable vegetable oils and relative weakness in the Canadian dollar. Chicago soy was underpinned by strong export demand […] Read more
CBOT weekly outlook: Trade optimistic ahead of Phase One signing
MarketsFarm — Agriculture commodities on the Chicago Board of Trade started the decade on a high note, thanks to general optimism regarding an impending trade deal between the U.S. and […] Read more
Pulse weekly outlook: Edible bean yields lower across North America
MarketsFarm — A challenging harvest season spelled trouble for dry bean yields across North America, according to one report from the Global Pulse Confederation. Mexico’s spring-summer bean crop yield was […] Read more
CBOT weekly outlook: Trade bullish into New Year
MarketsFarm — Agriculture commodities on the Chicago Board of Trade were mixed on Friday, the last day of the January contract and one of the last trading days of 2019. […] Read more
Early 2020 forecast points to cooler, drier Prairie spring
MarketsFarm – After 2019’s dry growing season and messy harvest, 2020 may have fairer skies in store for producers across the Canadian Prairies. Following the spring melt, weather in the […] Read more
ICE weekly outlook: Canola gives back gains at midweek
MarketsFarm — Canola was bolstered by strong trade activity and profit-taking at midweek, though values remained rangebound. As of Wednesday, 144,500 canola contracts had traded hands, with the most activity […] Read more
Variable yields supportive for mustard prices
MarketsFarm — Statistics Canada’s principal field crop production report last week estimated a significant drop in Canada’s 2019 mustard production. In September, the agency estimated Canadian mustard would total about […] Read more