Grain Markets & Farming Articles - Manitoba Co-operator

Expect canola to give back some acres this spring

By Phil Franz-Warkentin February 23, 2013

ICE Futures Canada canola contracts moved off their recent highs during the week ended Feb. 15, with speculative profit-taking and increased farmer selling — brought on by the previous week’s rally — weighing on values. The market ran into support to the downside and was showing signs of stabilizing ahead of the Louis Riel Day

Crops, Grain Markets

CWB announces 2011-12 final payments

February 23, 2013

CWB is issuing final payments to farmers for the wheat, durum wheat and barley delivered during the 2011-12 crop year. Final and total payments for base grades basis Vancouver or St. Lawrence are 1 CWRS, 12.5 per cent $13.79/$290.49; 1 CWAD, 12.5 per cent $14.54/$345.24 and Select CW Two-Row barley $16.34/$312.94. A full list is

Crops, Grain Markets, News, Pulses

Green pea prices hit record highs

By Terryn Shiells February 22, 2013

Both old- and new-crop cash bids for green peas have now reached record highs due to extremely tight supplies. Francis Gaudet with Belle Pulses Ltd. in Saskatchewan said there are almost no old-crop green pea supplies left in Canada, leaving zero carry-over stocks. Gaudet said supplies are extremely tight because acreage has been on a

Crops, Grain Markets, News

Lower prices may mean fewer Manitoba corn acres

By Terryn Shiells February 22, 2013

Farmers in Manitoba may plant fewer acres of corn this spring than anticipated a few weeks ago due to weaker prices. Eldon Dueck, a grain merchant with Linear Grain at Carman, Man., said Manitoba farmers were receiving about $6.70 per bushel for their corn as of Tuesday. “The market has really dropped,” he said. “We

Cereals, Crops, Grain Markets, Oilseeds

Canola exports, domestic crush must slow down

By Phil Franz-Warkentin February 15, 2013

Old-crop canola futures climbed higher at ICE Futures Canada during the week ended Feb. 8, hitting levels not seen since mid-September before running into profit-taking resistance to the upside. Dwindling stocks in Western Canada are the primary driver in the market, but canola is still only one oilseed among many in the broader market and

Cereals, Crops, Grain Markets, Oilseeds

Efforts to ration demand support canola futures

By Dwayne Klassen February 12, 2013

Canola futures on the ICE Futures Canada trading platform continued its slow but steady upward trek during the week ended Feb. 1. Strength in the futures contract was maintained by the need to ration the tightening canola supply situation in Western Canada. There has not been any kind of let-up in the need to cover

Grain Markets, News, Oilseeds, Opinion

Canola bounces off of support and resumes the uptrend

By David Drozd February 12, 2013

After dropping $90/tonne from the high of $657.50 in September, at the time of this writing, prices on the March 2013 canola futures contract have rallied $50/tonne since the USDA report was released on January 11, 2013. Thanks to phenomenal demand and improving basis levels, cash prices are back to the crop-year high ($14.50/bushel). For

Crops, Grain Markets, News, Oilseeds

Corn area under threat as key states look to more profitable soybeans

By Gavin Maguire February 12, 2013

The corn market’s consistent outperformance of soybeans so far in 2013 has helped cement expectations that overall corn planted area within the United States will see a year-over-year increase across all major corn-growing states at the expense of soybeans and other crops. But there are some key states where soybeans have gotten the upper hand

Grain Markets, Livestock Markets, News

CME surveys members on trade hours

By Tom Polansek February 6, 2013

The Chicago Board of Trade has launched a survey asking customers whether it should shorten the nearly non-stop electronic trading cycle for grains and hinted that executives had grown less concerned about competition from rival IntercontinentalExchange. The Board of Trade, which dominates agricultural trading with U.S. grain and oilseed futures and options contracts, in May

Cereals, Crops, Grain Markets, Oilseeds

ICE’s canola futures climb higher on lower loonie

By Dwayne Klassen February 6, 2013

The unexpected downfall in the value of the Canadian dollar helped canola futures on the ICE Futures Canada trading platform push upward during the week ended Jan. 25. The weak Canadian unit had the benefit of sparking some aggressive buying from both the domestic and export sectors. As if by cue, there were unconfirmed reports

Daily Network News

New strategies needed for Canadian agriculture to stand out in global trade

Feed Grains Weekly: Cash prices for wheat, barley largely flat

The Canadian GMO mustard wars: Dijon vs canola

Grain Markets

Expect canola to give back some acres this spring

CWB announces 2011-12 final payments

Green pea prices hit record highs

Lower prices may mean fewer Manitoba corn acres

Canola exports, domestic crush must slow down

Efforts to ration demand support canola futures

Canola bounces off of support and resumes the uptrend

Corn area under threat as key states look to more profitable soybeans

CME surveys members on trade hours

ICE’s canola futures climb higher on lower loonie

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