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U.S. data boosts canola to remain rangebound

By Glen Hallick - MarketsFarm January 20, 2023

After three days of losses, canola futures on ICE Futures regained some lost ground after a flurry of reports were issued by the U.S. Department of Agriculture on Jan. 12. Canola entered the first full week of trading in 2023 on a high note, having made gains on Jan. 6, but with the Canadian oilseed[...]

Grain Markets, Markets

A short but tough week for canola

By Glen Hallick - MarketsFarm June 3, 2023

There wasn’t much to prop up canola values on ICE futures over the shortened week of May 23. As of May 25, the two most actively traded contracts, old-crop July and new-crop November, fell back by $11.20 and $14.40 per tonne respectively. That’s despite the former poking its head above the psychological level of $700/tonne[...]

Grain Markets, Markets

War in Ukraine sends wheat prices sky high

By Glen Hallick - MarketsFarm March 10, 2022

Wheat prices have risen dramatically since Russian forces invaded Ukraine on Feb. 24, and war premiums have pushed values to exorbitant levels. At the close of trading on March 3, the nearby Chicago May wheat contract finished at US$11.34 per bushel, after its third consecutive limit-up gain. Kansas City May wheat ended that day at[...]

Grain Markets, Markets

Is the wheat market poised for sharp spike?

By Glen Hallick - MarketsFarm October 6, 2022

The U.S. wheat complex drifted lower in the last week of September compared to the previous week. As price fluctuated, ongoing tensions over Russia’s invasion of Ukraine simmered in the background. As September drew to a close, rumblings increased that the agreement allowing Ukraine to export grain through its Black Sea ports would not be[...]

Grain Markets, Markets

Grain markets: Canola eases down, decent crop coming

By Glen Hallick - MarketsFarm July 21, 2022

After a tumultuous week of up and downs, it can be said that canola went pretty much nowhere. Forces that drove the Canadian oilseed on ICE Futures batted canola a little bit lower after the dust settled. In winding up the last days of trading during the week of July 4, canola made some decent[...]

Grain Markets, Markets

Russian hypocrisy and the wheat market

By Glen Hallick - MarketsFarm November 10, 2022

Wheat prices went for a wild ride during the week of Oct. 31 to Nov. 4 due to Russian machinations over the Black Sea export agreement. During the weekend of Oct. 29 and 30, the Russian Black Sea fleet was apparently attacked at its base at Sevastopol. Russia quickly levelled accusations that Ukraine perpetrated the[...]

Grain Markets, Markets

Russia-Ukraine tensions influence wheat prices

By Glen Hallick - MarketsFarm February 3, 2022

Sabre-rattling over a possible invasion of Ukraine by Russia has bolstered wheat prices, but when the threat of war eased, wheat followed suit — at least for now. It’s abundantly clear Russian President Vladimir Putin has been seeking to expand his country’s influence in an attempt to increase Russia’s status as global superpower. Countries such[...]

Grain Markets, Markets

Grain markets remain volatile

By Glen Hallick - MarketsFarm July 22, 2021

If there is one thing canola trading for the week ended July 15 proved, it’s that the drought across the Prairies remains a powerful influence on prices. The charts proved another thing as well: there’s a tremendous amount of volatility in the canola market. Prices rallied for six consecutive sessions from July 7 to 13,[...]

Livestock Markets, Markets

Cattle numbers to decline as spring approaches

By Glen Hallick - MarketsFarm March 10, 2023

The Manitoba cattle market remains strong and the number of head bound for sales is expected to drop off, according to Brock Taylor of Taylor Auctions near Melita. He said prices have increased from week to week in several weight classes. Looking at high-end prices for feeder steers, a number of weight categories showed increases during the week of[...]

Livestock Markets, Markets

Manitoba’s fall cattle run beginning to wane

By Glen Hallick - MarketsFarm December 9, 2022

Cattle numbers at auction will likely recede heading into the holidays, says Scott Anderson of Winnipeg Livestock Sales. The fall run has remained strong this year thanks to an about-face in conditions. “The grazing season was so much longer this year than it has been in the past, with all of the moisture we have[...]

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

Alberta Crop Report: Rains in the south, dryness in the north

Agriculture ministers agree to AgriStability changes

Daily Network News

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

Alberta Crop Report: Rains in the south, dryness in the north

Agriculture ministers agree to AgriStability changes

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U.S. data boosts canola to remain rangebound

A short but tough week for canola

War in Ukraine sends wheat prices sky high

Is the wheat market poised for sharp spike?

Grain markets: Canola eases down, decent crop coming

Russian hypocrisy and the wheat market

Russia-Ukraine tensions influence wheat prices

Grain markets remain volatile

Cattle numbers to decline as spring approaches

Manitoba’s fall cattle run beginning to wane

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