Grain Markets & Farming Articles - Manitoba Co-operator

Overall export pace for canola is running about 800,000 tonnes behind the year-ago levels.

Bearish fundamentals drive canola to new contract lows

Presidential tweets piled more pressure on soybean values

By Phil Franz-Warkentin May 9, 2019

Canola contracts on the ICE Futures platform hit fresh contract lows every day during the week ended May 3, with little supportive news to slow the drop. The most active July contract lost $14 per tonne over the course of the week, to settle at $432.60 per tonne on May 6. New-crop November lost a

Canada Prairie Spring Red wheat bids were up by $2-$4 per tonne at most locations.

Grain Markets, Markets

CPSR wheat bids up, CWRS down on the week

MGEX, K.C. and CBOT May wheat futures all declined from the previous week

By Marlo Glass May 2, 2019

Western Canadian wheat bids were mainly steady during the week ended April 26, with minor losses observed across the Prairies for Canada Western Red Spring (CWRS) wheat and modest gains for Canada Prairie Spring Red (CPSR). Average CWRS (13.5 per cent protein) wheat prices were down by about $1 per tonne at most locations, with

Grain Markets, Markets

Swine fever will hurt China’s soybean and canola imports

Suppliers of hog feed ingredients will take a hit from culls

By Glen Hallick - MarketsFarm May 2, 2019

China is facing the grim reality of its massive hog industry taking a huge blow due to African swine fever. The BBC has reported China has already culled about 40 million hogs. This came after more than 120 cases of African swine fever were found in most parts of China. Rabobank has issued a projection

Grain Markets, Markets

CPRS, CWRS bids down

Average prices ranged from about $227 per tonne to as high as C$247 a tonne

By Marlo Glass April 25, 2019

Western Canadian wheat bids were down during the week ended April 18, with losses across the board in both hard red spring wheat and Prairie spring wheat. Average Canadian Western Red Spring (13.5 per cent CWRS) wheat prices were down by about $3 per tonne at most locations, with only eastern Manitoba seeing a decline

Grain Markets, Markets

Canola falls to new lows

Bearish charts and uncertainty over the Chinese market are weighing in

By Phil Franz-Warkentin April 25, 2019

ICE canola futures fell to fresh contract lows during the holiday-shortened week ended April 18, as bearish chart signals weighed on values and the trade dispute between Canada and China showed no signs of improving. Heavy spread trade during the week saw traders roll out of the May contract and into July, which now holds

Average (CWRS) prices ranged from about $229 per tonne in western Manitoba to as high as $250 in southern Alberta.

Grain Markets, Markets

Prairie CWRS bids firm as other classes edge lower

Minneapolis and Kansas City May wheat futures both rose on the week

By Phil Franz-Warkentin April 18, 2019

Western Canadian wheat bids were mixed during the week ended April 12, reacting to activity in U.S. futures and a firmer Canadian dollar, with gains in hard red spring wheat and losses in Prairie spring wheat. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $1-$5 per tonne at

A deal between the U.S./China could be a boon for soybeans, but it has yet to happen.

Grain Markets, Markets

Outlook for soybean values may not be all that rosy

Rising supplies may run up against a major drop in demand

By Glen Hallick - MarketsFarm April 18, 2019

Farmers in the United States are widely expected to plant soybeans this year instead of corn or wheat because of wet conditions, which could turn out to be a risky move. A deal that is expected to come out of U.S./China trade talks has been said to be a boon for soybeans, but there are

Average (CWRS) prices ranged from about $228 per tonne in western Manitoba to as high as $247 per tonne in Alberta.

Grain Markets, Markets

CWRS wheat bids down, CPSR mixed

MGEX May spring wheat futures dropped while Chicago and K.C. wheats rose on the week

By Marlo Glass April 11, 2019

Wheat bids in Western Canada were weak for the week ended April 5, with losses observed across the Prairies. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $10-$14 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). Prices were

North American grain and oilseed markets are also keeping an eye on seeding weather as attention turns to the 2019-20 crop.

Grain Markets, Markets

Canola may be vulnerable if CBOT soybeans decline

China’s block on canola is already baked into the market

By Phil Franz-Warkentin April 11, 2019

ICE Futures canola contracts held reasonably steady during the week ended April 5, hovering above major long-term lows as traders contemplated the lack of Chinese demand and what the trade dispute means going forward. The bearish influence of China shuttering its doors to Canadian canola has been generally factored into the market, with lows possibly

Grain Markets, Markets

Prairie CWRS bids drop with Minneapolis futures

Also, the Canadian dollar climbed roughly a quarter-cent on the week

By Phil Franz-Warkentin April 4, 2019

Western Canadian wheat bids posted losses across much of the region during the week ended March 29, with weakness in the Minneapolis futures and gains in the Canadian dollar behind the price activity. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were steady to down by nearly $10 per tonne, according to

Daily Network News

U.S. livestock: Cattle rally, hogs rise

Extreme heat can overcome honeybees’ ability to regulate hive temperature Arizona study shows

U.S. grains: Soybeans, wheat, corn end lower on broad commodities slump

Grain Markets

Bearish fundamentals drive canola to new contract lows

CPSR wheat bids up, CWRS down on the week

Swine fever will hurt China’s soybean and canola imports

CPRS, CWRS bids down

Canola falls to new lows

Prairie CWRS bids firm as other classes edge lower

Outlook for soybean values may not be all that rosy

CWRS wheat bids down, CPSR mixed

Canola may be vulnerable if CBOT soybeans decline

Prairie CWRS bids drop with Minneapolis futures

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