Markets & Farming Articles - Manitoba Co-operator

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Feed weekly outlook: Feedlots shopping for new-crop barley

By Adam Peleshaty, GFM Network News May 26, 2022

MarketsFarm — While corn imported from the U.S. was the grain of choice for Alberta feedlots for the past few months, feed barley has slowly become more in demand. Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta., explained that some feedlots were already having their cattle feed on grass as summer approaches.

Futures markets

ICE canola up at midday Thursday

By GFM Network News May 26, 2022

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 26 – (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, as gains in outside markets provided support. “Crude oil is catching a bid and the vegetable oils are following along,” said an analyst. Chicago soyoil, European rapeseed, and Malaysian palm oil futures were all stronger with

Currency markets

Canadian Dollar and Business Outlook: Loonie up, crude oil climbs

By GFM Network News May 26, 2022

WINNIPEG – The Canadian dollar made a step upwards to start Thursday. As of 8:37 a.m. CDT, the loonie was at US$0.7801 or US$1=C$1.2819, compared to US$0.7790 or US$1=C$1.2837 on Wednesday. Both TD Bank and RBC exceeded second quarter profit expectations, but CIBC’s profits were lower than last year, according to earnings reports released this

Futures markets

ICE Canada Morning Comment: Increases in new crop canola

Higher crude prices supporting veg oils

By GFM Network News May 26, 2022

By Glen Hallick, MarketsFarm WINNIPEG, May 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Thursday morning, with larger gains in most of the new crop months. As increases in global crude oil prices were propping up veg oils, support for canola came from gains in the Chicago soy complex and European rapeseed.

Global markets

Global Markets: Turkey in grain talks with Russia and Ukraine

By GFM Network News May 26, 2022

By MarketsFarm WINNIPEG, May 26 – The following is a glance at the news moving markets in Canada and globally. – Turkey is reportedly in talks with Russia and Ukraine to mediate a solution to allowing grain exports from Ukrainian ports. A corridor of safe-passage through the Black Sea to the Bosphorus straight in Istanbul

CBOT July 2022 soybeans (candlesticks) with 20- and 50-day moving averages (yellow and green lines). (Barchart)

Crops, Markets

U.S. grains: Soybean, wheat futures fall

CBOT corn closes higher

By GFM Network News, Mark Weinraub May 25, 2022

Chicago | Reuters — U.S. soybean futures fell on Wednesday, pressured by weather forecasts that will allow farmers to make good progress on the end of their planting tasks as well as concerns about demand from China. Chicago Board of Trade wheat futures also were weaker, with the market setting back on reports that Russia

CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)

Livestock, Markets

U.S. livestock: Cattle futures weaken on cash market pressure

CME hog futures close mixed

By GFM Network News, Mark Weinraub May 25, 2022

Chicago | Reuters — CME Group cattle futures dipped on Wednesday, pressured by weakness in the cash markets, traders said. Hog futures were mixed, with prices closing well off their session highs after contracts hit technical resistance. The nearby June hogs contract rose 0.025 cent to 109.05 cents/lb., while most-active July futures fell 1.1 cents,

ICE July 2022 canola (candlesticks) with Bollinger bands (20,2) and November 2022 canola (yellow line). (Barchart)

Crops, Markets

ICE weekly outlook: Canola sideways for now

By GFM Network News, Phil Franz-Warkentin May 25, 2022

MarketsFarm — The ICE Futures canola market may have seen some large price swings over the past few weeks, but remains relatively rangebound overall with values sitting just below their all-time highs. The upward momentum is slowing down, said David Derwin, a commodities investment advisor with PI Financial in Winnipeg. However, he added, it remains

Currency markets

Canadian Financial Close: Loonie dips, crude oil rises

By GFM Network News May 25, 2022

WINNIPEG – The Canadian dollar dipped slightly to end the day on Wednesday. The loonie closed at US$0.7790 or US$1=C$1.2837, down from US$0.7797 or US$1=C$1.2826 on Tuesday. The United States Dollar Index jumped 0.30 of a point at 102.16. Officials at the Federal Reserve, in its policy meeting earlier this month, said in its minutes

Futures markets

North American Grain/Oilseed Review: Canola weaker with world vegoils

By GFM Network News May 25, 2022

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 25 (MarketsFarm) – The ICE Futures canola market was weaker on Wednesday, taking back most of its recent gains as losses in world edible oil markets weighed on values. European rapeseed and Chicago soyoil futures were weaker on the day, with concerns over reduced Chinese demand for vegetable oil

Daily Network News

Southern California honeybees show resistance to varroa mites

Pulse Weekly: SaskPulse optimistic despite input, crop price concerns

Canadian aquaculture should be classed as agriculture, industry groups say

Markets

Feed weekly outlook: Feedlots shopping for new-crop barley

ICE canola up at midday Thursday

Canadian Dollar and Business Outlook: Loonie up, crude oil climbs

ICE Canada Morning Comment: Increases in new crop canola

Global Markets: Turkey in grain talks with Russia and Ukraine

U.S. grains: Soybean, wheat futures fall

U.S. livestock: Cattle futures weaken on cash market pressure

ICE weekly outlook: Canola sideways for now

Canadian Financial Close: Loonie dips, crude oil rises

North American Grain/Oilseed Review: Canola weaker with world vegoils

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for April 10, 2026

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