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Grain Markets, Markets

What will drive grain prices higher?

By
Weather conditions through spring seeding will be a major market-moving factor over the next few weeks, but news on the transportation front may also sway values. Planes — The United States government announced long-anticipated guidance on its subsidy program for sustainable aviation fuel (SAF) on April 30. The announcement only covers the next year, but[...]
Grain Markets, Markets

Grain prices still hang on exports

By
Canada is a country whose main exports are hockey players and cold fronts,” according to a quote attributed to former Prime Minister Pierre Elliot Trudeau who jokingly added “our main imports are baseball players and acid rain.” Looking at the current Winnipeg Jets lineup at least, it’s safe to say the trade balance on hockey[...]
Livestock Markets, Markets

Cattle market in Manitoba stays strong

By
Manitoba cattle auctions kept busy in mid-March amid strong prices for feeders and butcher cows. “The optimism seems to be feeding on itself,” said Allan Munroe of the Killarney Auction Mart, about ongoing strength in the cattle sector. Good quality feeder steers under 500 pounds continued to be valued over $400 per hundredweight, with some[...]
Grain Markets, Markets

Survey says... a lot about markets

By
In the days when everyone had a landline, smartphones were non-existent and call display was rare, I once had a part-time job conducting market research phone surveys. We’d start with numbers in Atlantic Canada and end the shift calling British Columbia, following the time zones to catch people when they were most likely to be[...]
Grain Markets, Markets

Wheat prices stuck in sideways pattern

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North American wheat markets have been treading water for the past few months, with prices struggling to show much life. Minneapolis spring wheat, the most closely related futures contract to the Prairie cash market, has held in a sideways range just above contract lows for the better part of two months, with no indication that[...]
Markets, News

Grain markets slowly eroding

By
Prices may keep rising at the grocery store, but the general trend in all of the major grains and oilseeds continues to grind lower, with mid-January wheat bids hitting some of their weakest levels of the past few years. World supplies: Wheat is grown around the world, and supplies are more than sufficient to meet[...]
Grain Markets, Markets

Canola price sees slight growth

By
The canola market finally showed signs of strength in the first week of March, moving above some key chart points as values stabilized after trending lower for the previous five months. The May contract climbed above its 20-day moving average, settling above the psychological $600 per tonne mark on March 7. The contract traded consistently[...]
Grain Markets, Markets

Mixed activity in grain markets

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Activity was mixed in the North American grain and oilseed markets during the last full week of January, as traders were busy looking for direction from South America, where Brazil was in its early stages of harvesting its soybean crop and seeding its next corn crop. The looming influx of recently harvested Brazilian soybeans may[...]

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