MarketsFarm — Canola contracts on the ICE Futures platform drifted lower during the week ended Wednesday, although the market remains stuck in a sideways trading pattern overall as participants try […] Read more
Tag Archives drytimes

ICE weekly outlook: Canola market awaits harvests, USDA

With farmers in need, the industry stepped up
Ontario companies and farmers have been eager to help with feed shortages
The plight of drought-stricken farmers in northwestern Ontario and the Prairies has had many Ontario farmers and businesses wondering how they can help. Those co-ordinating the efforts to move hay […] Read more

Pulse weekly outlook: Chickpeas find high-priced silver lining
MarketsFarm — Like many other crops across Western Canada, chickpeas weren’t immune to hot and dry growing conditions over the summer. This year’s domestic chickpea crop is only expected to […] Read more

Feed weekly outlook: Crop estimates show severity of drought
'Corn bandwagon' filling up
MarketsFarm — Preliminary crop yield estimates released by Statistics Canada on Monday outlined just how severely the drought in Western Canada cut into production. Mike Fleischhauer, general manager for Eagle […] Read more

Tight supplies underpin oat bids with demand rationing expected
Corrected, Sept. 3 — MarketsFarm — Canadian oat prices should remain well supported over the next year given the smaller crop, but some demand will likely back away as buyers […] Read more

Thunder Bay reports rare inbound grain shipment
MarketsFarm — Grain movement at the Port of Thunder Bay included a rare inbound cargo of feed wheat, according to the port’s latest monthly report. A 12,000-tonne shipment of feed […] Read more

Nexera canola seed to come with heat blast insurance
Corteva's 'Heat Advantage' provides coverage on seed purchased by Oct. 29
Farmers can’t prevent canola flowers from aborting in hot weather resulting in lower yields, but one seed company is providing some insurance against it — as part of the price […] Read more

Pulse weekly outlook: Tight Canadian supplies to cut into exports
MarketsFarm –– Canadian pulse supplies during the 2021-22 marketing year will be the tightest of the past decade due to drought during the growing season, with the country likely to […] Read more

StatsCan confirms Canada’s crop production down in 2021
Corn expected to be lone exception
MarketsFarm — Production of most of Canada’s major grain, oilseed and pulse crops was down substantially in 2021-22, as drought conditions across the Prairies cut into yields, according to preliminary […] Read more

Smaller crops anticipated in looming StatsCan report
Survey-based data due out Monday
MarketsFarm — Heat and drought across Western Canada during the summer of 2021 seriously cut into the country’s crop production, raising traders’ expectations for reduced yields across the board when […] Read more