CBOT November 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Soybeans down on China trade pessimism

Chicago | Reuters — U.S. soybean futures fell more than one per cent on Friday to the lowest in a week on rising doubts about a breakthrough in U.S.-China trade talks and forecasts for favourable crop weather across the U.S. Midwest. Corn and wheat also declined, following soybeans, although both grains closed with modest weekly





(File photo)

Feed weekly outlook: Market not bottomed yet

MarketsFarm — Falling feed grain prices in Western Canada have not hit the bottom just yet, especially as harvest delays lead to quality downgrades. “I would say it’s coming down quite a bit more,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. The barley and wheat harvests are running behind normal in both Saskatchewan and

ICE January 2020 canola with 20- and 50-day moving averages. (Barchart)

ICE weekly outlook: Uncertainty, lack of farmer selling lift canola bids

MarketsFarm — Over the last week or so canola prices have been largely supported by two factors, according to Errol Anderson of Pro Market Communications in Calgary. “To some degree it’s still crop uncertainty and growers aren’t selling.” Cash bids have varied widely, he said, while spot premiums have shot up a bit. “That indicates


CBOT December 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

CBOT weekly outlook: Corn, soy steady, watching harvest

MarketsFarm — Chicago Board of Trade soybean and corn futures moved off of nearby lows and generally trended higher following the U.S. Department of Agriculture’s supply/demand data released Thursday. However, attention has shifted to the looming harvest, with rangebound activity expected barring a fresh outside influence. “For this market to really move up, it will



File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Pulse weekly outlook: Pea harvest nearly complete

MarketsFarm — Canada’s pea crop is almost totally off the fields, but quality remains a question. “Farmers are wrapped up with harvesting right now, so we haven’t received many samples,” said Marcos Mosnaim of Globeways Inc. in Missisauga. The few samples the company has seen have shown good conditions, but it’s not a large enough