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It wasn't a great week for prices, especially old-crop canola

By Glen Hallick - MarketsFarm March 25, 2021

Rather than getting any St. Patrick’s Day luck, ICE canola futures took more of a hit from the Ides of March. Profit-taking was the main feature for the week ending March 18, which drove a knife into prices that had recently hit record highs. After trading above $800 per tonne to start the week, May[...]

Grain Markets, Markets

Grain markets: StatsCan's acreage report a bit of a flop

By Glen Hallick - MarketsFarm May 6, 2021

Any upward bump from the long-awaited Statistics Canada report on projected plantings never really materialized after it was released April 27. It can be argued any benefit from the report came the day before, when the May canola contract finished at $894.40 per tonne after poking its head above $900 a tonne for the first[...]

Grain Markets, Markets

Where does January canola go now?

By Glen Hallick - MarketsFarm November 25, 2021

The big long that has built up in January canola could lead the contract’s price either way on the Intercontinental Exchange (ICE Futures). The January presently remains over $1,000 per tonne, as it’s believed spec funds are keeping at such a high level. However, trading will come to an end in that contract — and[...]

Livestock Markets, Markets

Fall run continues as heavier cattle prices doing OK

By Glen Hallick - MarketsFarm November 5, 2021

Cattle numbers remain quite high as the fall run continued, according to Tyler Slawinski of the Gladstone and Ashern auction marts. He said Gladstone is already full for its next sale on Nov. 2, with Ashern and most other auctions across the province to see quite a few head coming in. “The weather is still[...]

Grain Markets, Markets

Canola futures to resume rising

By Glen Hallick - MarketsFarm October 28, 2021

After several days of gains, ICE Futures canola took an inevitable double-digit step back on Oct. 21. Despite the extremely tight supply situation in Canada, canola was bound to take a breather, as profit-taking was thought to have driven down prices on that Thursday. However, it’s unlikely the Canadian oilseed will continue to push lower.[...]

Grain Markets, Markets

Canola sees net gains on the week

By Glen Hallick - MarketsFarm November 10, 2021

Despite the wild ride canola has had during the week ended Nov. 4, it’s still ahead of where the January and March contracts had been on Oct. 28. The January had a net gain of $23.40 per tonne at $978.70/tonne, with the March up $19 at $955.30. During that ride canola exhibited a measure of independent strength from[...]

News

Churchill port on two-year hiatus

By Glen Hallick - MarketsFarm November 5, 2021

It’s going to be awhile before the next ship is loaded at the northern Manitoba Port of Churchill. About two years, according to Sheldon Affleck, chief executive officer of the Arctic Gateway Group (AGG). The group consists of 29 Indigenous and a dozen non-Indigenous communities that own and operate the 627-mile rail line from The[...]

Livestock Markets, Markets

Cattle numbers likely to drop as prices hold steady

By Glen Hallick - MarketsFarm June 11, 2021

Prices at six of Manitoba’s eight cattle auctions didn’t see much movement overall for the week ended June 3. Now on a biweekly schedule, the auction marts at Ashern and Ste. Rose skipped this week, with their next sales on June 9 and 10 respectively. At Winnipeg Livestock Sales, field representative Scott Anderson said slaughter[...]

Grain Markets, Markets

Canola values all over the place

By Glen Hallick - MarketsFarm October 7, 2021

It was a wild ride for canola on ICE Futures during the Sept. 30 session with prices all over the place. Coming out of the overnight session, canola was well poised on Thursday for a strong rally due to increased demand in the vegetable oil market. This stemmed from a power outage conundrum in China[...]

Livestock Markets, Markets

Only a trio of cattle auctions were had

By Glen Hallick - MarketsFarm June 30, 2022

There were only three active cattle auctions in Manitoba for the week ending June 23, as most facilities have either closed for the summer or switched to a biweekly schedule. Along with the Grunthal Livestock Auction Mart, Heartland’s auctions in Brandon and Virden pressed ahead with their sales during the week. Brandon manager Keith Cleaver[...]

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It wasn't a great week for prices, especially old-crop canola

Grain markets: StatsCan's acreage report a bit of a flop

Where does January canola go now?

Fall run continues as heavier cattle prices doing OK

Canola futures to resume rising

Canola sees net gains on the week

Churchill port on two-year hiatus

Cattle numbers likely to drop as prices hold steady

Canola values all over the place

Only a trio of cattle auctions were had

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AGCanadaTV: In case you missed it; your national ag news recap for July 18, 2025

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