ICE canola still pointed higher

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 9 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, seeing a continuation of Tuesday’s rally with chart-based positioning a feature. Gains in Chicago Board of Trade soybeans provided some spillover support, although soyoil was holding closer to unchanged in early activity. The United States Department of



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Pulse weekly outlook: Manitoba growers hope timely rains follow snows

High N prices may favour pulse acres

MarketsFarm — As March 1 marked the start of meteorological spring, it feels like anything but that in southern Manitoba. One of the snowiest and coldest winters in years has been a mixed blessing for pulse growers, providing much-needed moisture for fields while also raising flood fears in some areas. Dennis Lange, a pulse specialist

CBOT May 2022 wheat (candlesticks) with MGEX May 2022 spring wheat (yellow line) and K.C. May 2022 wheat (orange line). (Barchart)

U.S. grains: Wheat futures down off rally

Corn firm, soybeans strong

Chicago | Reuters — U.S. wheat futures fell Tuesday, snapping a six-session winning streak, as the market wrestled with supply upheaval caused by Russia’s invasion of fellow grain exporter Ukraine. Wheat prices hit the downside of their daily trading limits during the session but closed well above those lows after Interfax news agency said Russian


CME April 2022 live cattle (candlesticks) with 20-, 100- and 200-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: CME cattle firm, hogs rebound

Hogs up off lowest since Feb. 4

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on a round of technical buying on Tuesday after snapping an eight-session losing streak on Monday, traders said. Hog futures rallied on a bargain-buying bounce after sinking to their lowest in more than a month and feeder cattle futures also were firm. CME April



North American Grain/Oilseed Review: Canola continues higher

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 8 (MarketsFarm) – The ICE Futures canola market continued to hit fresh contract highs on Tuesday as world agricultural markets remained focused on the conflict in Ukriane. Crude oil climbed sharply higher on Tuesday on news that Shell would stop buying Russian oil, while the United States and other

Prices for pigs have jumped considerably but costs, particularly for feed, have gone up even faster.

Pork producers slammed by a huge jump in costs

It’s not just feed costs — rising bills for heat, freight, and medication have eaten up a hike in prices

Glacier FarmMedia – Beleaguered hog farmers are finally getting paid more but the extra cash — and then some — is blowing out the door as costs soar. A year ago, it cost about $140 per month to house and feed a pig, said Mark Wipf, hog and feed manager for Lakeside Colony Farming Company,


ICE canola continues upward climb

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 8 – (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, hitting fresh contract highs once again with the largest gains in the front months. “It’s one hundred per cent being driven by the uncertainty about how the Ukraine situation will evolve through the spring and

Global Markets: More sanctions against Russia

By MarketsFarm WINNIPEG, March 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States is expected to impose a ban on oil imports from Russia as sanctions against the country grow in response to its invasion of Ukraine. The European Union is also set