MarketsFarm — The looming spring melt across Western Canada will likely disrupt some grain and livestock movement over the next few weeks, as seasonal spring road restrictions come into effect […] Read more
Spring road bans loom across Prairies
Mid-March weight limits pending for heavy trucks
Reading between the lines: Oversold canola due for correction
Technical signs point to possible recovery
MarketsFarm — Canola futures posted sharp losses over the past week, with the May contract touching its weakest level in six months. While damage was done from a chart standpoint, […] Read more
USDA sees increased EU canola imports, no extra from Canada
U.S. also projects higher Canadian ending stocks
MarketsFarm — The European Union will likely import more canola (rapeseed) this year than earlier thought, but any increased movement should come from Australia or Ukraine rather than Canada, according […] Read more
CBOT weekly outlook: Argentina estimates lowered, but attention soon shifting north
U.S. corn, soyoil export outlooks 'a little concerning'
MarketsFarm — Sizeable reductions to Argentina’s soybean and corn crops were confirmed in the latest supply/demand estimates (WASDE) from the U.S. Department of Agriculture, with more reductions likely in future […] Read more
Prairie cash wheat: Bids dip with U.S. futures
Canadian dollar also down on week
MarketsFarm — Spring wheat bids in Western Canada posted losses during the week ended Thursday, underpinned as losses in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS, […] Read more
Feed weekly outlook: Barley exports slowing down, local prices steady
Feedlots relatively well covered
MarketsFarm — Canadian barley exports slowed down in January, but out-of-country movement is still running ahead of the year-ago pace, according to updated export data from the Canadian Grain Commission. […] Read more
Pulse weekly outlook: Peas seeing good Prairie movement
MarketsFarm — Peas are seeing good movement in Western Canada ahead of spring, although prices have held steady over the past month. “The yellow pea market has some life again,” […] Read more
Bulk ocean freight rates recover off lows
Container rates remain in downtrend
MarketsFarm — Ocean freight rates have shown some strength in late February, with the Baltic Dry Index (BDI) recovering off two-and-a-half-year lows hit earlier in the month. The BDI, a […] Read more
ICE weekly outlook: Rising canola market runs into resistance
Resistance seen around $835, support around $820
MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, but ran into some resistance to the upside as values held rangebound overall. “Technicals, short-covering, fund buying […] Read more
ICE weekly outlook: Canola drifting lower
Near-record soy still expected from South America
MarketsFarm — ICE Futures canola contracts drifted lower during the week ended Wednesday, although values remained rangebound overall. “The market is maybe coming to the realization that we still have […] Read more