U.S. Soy Farmers Hanging On To Their Crop

Grain companies will have to pay up to get deep-pocketed U.S. farmers to part with soybeans, as about half of the crop remains unsold at a time when soymeal demand rises seasonally and the export program could be extended by planting delays in Brazil. Soybean basis bids – the amount above or below Chicago Board

Higher Corn Prices Lead To Fertilizer Price Spike

U. S. fertilizer prices have doubled over the past year, with a quarter of the gains coming in the last three months, signalling that farmers will expand corn planting next spring to capitalize on high prices. Trade sources said increased fertilizer orders by farmers, coupled with corn prices hovering around two-year highs near $6 per


Canola Trend Seen Continuing Upward

Canola futures on the ICE Futures Canada trading platform continued their upward trek during the week ended Oct. 22. The strength displayed by canola was again linked to Canada’s domestic processing industry who have an aggressive crush program in place. Favourable crush margins and good canola product sales on the books have resulted in this

Wheat Prices Seen Rising Further As Fall Seedings Decline

Canola futures on the ICE Futures Canada trading platform strengthened during the week ended Oct. 15, with much of the upward price momentum encouraged by the gains experienced by CBOT (Chicago Board of Trade) soybean futures as well as by the aggressive demand from the Canadian canola-processing industry. Fresh speculative demand surfaced during the week,


China Turns Into A Regular Corn Importer

China’s major foray into the global corn market this year could become routine as it strives to fend off the threat of animal feed price inflation, which Beijing worries could send household food bills soaring. With feed demand in the world’s second-biggest corn consumer rising by nearly eight per cent a year over the past




Canola Bulls See Grey Skies Ahead

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca. Canola futures on the ICE Futures Canada trading platform posted solid advances during the week ended July 9 with gains coming on the heels of the reduced production prospects for the crop. The penetration of key technical resistance in the


New USDA Numbers Surprise Markets

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca. Canola futures on the ICE Futures Canada trading platform continued to trek higher during the week ended July 2. Steady domestic crusher demand, combined with weather worries across the Canadian Prairies, helped to stimulate the price advances. The continued refusal

StatsCan Acreage Data Released, Ignored

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca. Canola futures on the ICE Futures Canada trading platform closed the week ended June 25 with advances. The nearby July contract managed to post the best advances in response to the buying back of previously sold positions. The rolling out