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Tag Archives grain prices — page 2

Meg Stuedemann, an organic farmer southwest of Minneapolis at Belle Plaine, Minn., stakes out her position ahead of the Nov. 3 U.S. 
election, the outcome of which may further sway commodity markets.
Grain Markets, Markets

Broad commodity sell-off sweeps canola off perch

Recent upticks in COVID-19 cases have jarred outside markets

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All good things will eventually come to an end — and it looks like that was the case in the canola futures market the last week of October. The steady uptrend that was in place all through the summer and for most of the fall may have finally reached its upper limits, with the multi-year
CME December 2020 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Futures slip on seasonal pressure

Slaughter backlogs remain a drag on live cattle

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Chicago | Reuters — U.S. live cattle futures fell on Monday, pressured by a softening in seasonal demand and the continued impact from backlogs at slaughterhouses, traders said. Lean hogs also eased on profit taking, while feeder cattle also followed live cattle for a loss. CME October live cattle futures fell 1.525 cents, to 108.35
Coronavirus leaves grain markets uncertain
Grain Markets, Markets

Coronavirus leaves grain markets uncertain

A lot remains to be worked out as spring marches ever nearer

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COVID-19 remained the overarching feature of just about everything in early April — the grain and oilseed markets included. The virus has touched all aspects of society and the ongoing uncertainty of what it means for trade led to choppy activity in the agricultural commodities. Canola futures bounced around during the week ended April 9,
File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)
Crops, Markets

Grain price slump attracts bargain-hunting by importers

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Hamburg | Reuters — The collapse in grain prices caused by concern about the global impact of the COVID-19 coronavirus has generated some bargain-buying by importing countries, traders said on Tuesday. But they said the extent was still limited and there were no signs importers were making especially large purchases to expand stocks. “We are
(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Grains pressured by lower demand

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MarketsFarm — Bids for feed grains have backed off previous highs as feedlots in Western Canada are covered into the New Year. “Now they’re bidding January and forward,” said Allen Pirness of Market Place Commodities in Lethbridge. Bids for feed barley and feed wheat delivered from January to March were around $220 per tonne, according
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Weather

Feed weekly outlook: Prolonged Prairie harvest pushes up grain prices

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MarketsFarm — A seemingly never-ending harvest across the Prairies has been responsible for a $10-$15 per tonne jump this month in feed grain prices, said Glen Loyns, general manager of JGL Commodities in Moose Jaw. “It’s probably gone up $5 this week,” Loyns said. This year’s extended harvest, coupled with large amounts of grain to
CPSR wheat prices ranged from $179 to $229 per tonne across the Prairies.
Grain Markets, Markets

Cash CWRS, CPSR bids show strength on Prairies

Minneapolis, Kansas City and Chicago July wheat futures were all up on the week

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Western Canadian wheat bids were mostly up during the week ended May 24, with steady gains observed across the Prairies. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $8-$8.50, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). Average prices
Durum prices ranged between $235 per tonne in western Saskatchewan to $244 per tonne in southern Alberta on the week.
Grain Markets, Markets

CWRS wheat bids down, CPSR rises

Minneapolis, Kansas City and Chicago May wheat futures all tumbled on the week

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Wheat bids in Western Canada were mixed for the week ended March 8, with losses in some classes and gains in others. While weakness in the Canadian dollar provided support, a drop in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $1-$3 per tonne,
Good year for Prairie spring wheat, not so much for durum
Grain Markets, Markets

Good year for Prairie spring wheat, not so much for durum

Spring wheat prices are expected to see pressure in the new year

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While spring wheat prices in Western Canada enjoyed a strong year, durum prices weren’t so lucky. Heading into 2019, spring wheat prices could fall victim to increasing global wheat acreage, while durum prices will need to see acreage fall. Data from the PDQ (Price and Data Quotes) show Canada Western Red Spring (CWRS, 13.5 per

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