MarketsFarm – There’s the possibility of the nearby January canola contract reaching upwards to C$1,000 per tonne, according Winnipeg-based analyst Wayne Palmer of Exceed Grain. “I think you got canola […] Read more
Tag Archives grain markets
ICE weekly outlook: Watch for canola to climb higher
Ukraine grain export deal back on as Russia resumes participation
Ankara/Kyiv | Reuters – Russia said on Wednesday it would resume its participation in a deal freeing up grain exports from war-torn Ukraine, reversing a move that world leaders had […] Read more
Green peas regain premium over yellows
MarketsFarm – Solid demand and tighter supplies have seen green pea bids regain a premium over yellow peas in Western Canada, although the market for both varieties remains solid overall. […] Read more
Ontario soybean yields vary widely from field to field
Some growers in dry regions saw lower yields, but overall provincial yield is likely to be average
Drought conditions this summer lowered soybean yields in much of the province, but they were far from uniformly poor. Some growers harvested their best soybean crop ever. “Dry conditions have […] Read more
Ontario crop production estimates in line with field observations
USDA forecast remains bullish on corn, wheat
The Ontario corn and soybean harvests are in the final stages. Yield reports continue to confirm Statistics Canada’s production estimates. Farmers have been aggressive sellers off the combine. At the […] Read more
ICE weekly outlook: Sideways canola market due for a move
MarketsFarm – The ICE Futures canola market largely held within its well-established sideways trading range during the week ended Oct. 26, with only the nearby November contract breaking higher as […] Read more
CBOT weekly outlook: Soybeans shift into wintertime trading
MarketsFarm – As the United States soybean harvest surpassed 80 per cent complete, trading of the commodity on the Chicago Board of Trade slipped into wintertime mode, according to broker […] Read more
Global grain stocks near worrying decade low
The world’s buffer stocks of corn will be enough for just 80 days’ worth of consumption by the end of 2022-23 crop year
The world is heading toward the tightest grain inventories in years despite the resumption of exports from Ukraine because the shipments are too few and harvests from other major crop […] Read more
Harvest yield reports confirm StatCan production estimates for corn and soybeans
As harvest progresses, some farmers are reporting better than expected results
Ontario farmers had harvested approximately 50 per cent of the soybean crop and 10 per cent of the corn as of Oct. 4. The 14-day weather forecast for southern Ontario […] Read more
Weekly Canadian canola exports climb higher
MarketsFarm – An influx of freshly harvested supplies saw weekly Canadian canola exports hit their highest level in nearly two years at the end of September 2022, according to the […] Read more
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