MarketsFarm — ICE Futures canola contracts climbed sharply higher in the front months during the week ended Wednesday, hitting their highest levels since 2008. The March contract settled Wednesday at […] Read more
Tag Archives ending stocks
ICE weekly outlook: Canola entering uncharted waters
CBOT weekly outlook: Corn is the leader
MarketsFarm — Over the last week at the Chicago Board of Trade (CBOT) corn has been leading soybeans, while wheat has been lacking good exports, according to Ryan Ettner, broker […] Read more
U.S. grains: Wheat down on profit-taking
Corn pares gains off seven-year high
Chicago | Reuters — U.S. wheat futures fell about one per cent on Wednesday on profit-taking as the dollar firmed and Wall Street equity markets sagged, analysts said. But worries […] Read more
Feds predict three per cent increase in canola acres
Stocks nevertheless expected to tighten
MarketsFarm — Canadian farmers will seed more canola in the upcoming 2021-22 crop year, but solid demand will still cause ending stocks to tighten, according to the first new-crop supply/demand […] Read more
ICE weekly outlook: Potential remains for higher canola prices
MarketsFarm — Canola prices fell back during the course of the last week, but should begin to move higher going into the coming week, according to trader Ken Ball of […] Read more
U.S. grains: Corn, soy retreat as USDA’s supply cuts disappoint
Renewed talk of Russian export curbs supports wheat
Chicago | Reuters — U.S. corn and soybean futures turned lower on Thursday after the U.S. Department of Agriculture (USDA) trimmed its soybean supply outlook by less than expected and […] Read more
CBOT weekly outlook: Some surprises in USDA’s WASDE
MarketsFarm — The U.S. Department of Agriculture has thrown a few curveballs in an otherwise mundane supply-and-demand report issued Thursday, according to broker Ryan Ettner of Allendale Inc. at McHenry, […] Read more
ICE weekly outlook: Two reports likely to increase canola values
MarketsFarm — Although canola has seen some backpedalling this week, the markets should get two good shots in the arm from a pair of reports, according to Wayne Palmer, analyst […] Read more
Crop stocks forecasts mostly unchanged in AAFC supply/demand report
Corn carryout revised upward
MarketsFarm — Updated crop supply/demand tables from Agriculture and Agri-Food Canada, released Friday, included only minor changes from the previous month. Larger adjustments are expected after Statistics Canada releases its […] Read more
Flax facing tightening supplies
MarketsFarm — Solid export demand has pushed Canadian flax prices up sharply over the past month, with the market working to ration demand amid expectations for tightening supplies. The flax […] Read more