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Prairie cash wheat: Bids rise over holidays

MarketsFarm — Hard red spring wheat bids in Western Canada posted solid gains during the two-week holiday period ended Thursday, as gains in U.S. futures more than made up for the bearish influence of the rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $5-$9 per

Crops, Markets

Feed weekly outlook: Steady now but supplies will weigh

By GFM Network News, Phil Franz-Warkentin January 3, 2020

MarketsFarm — Recent strength in U.S. wheat futures may be lending some spillover support to Canadian feed grain bids, but large supplies and a lack of aggressive demand kept the market steady heading into the New Year. The rise in wheat futures “has made the farmer a more reluctant seller,” said Allen Pirness of MarketPlace

ICE March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Canola could break out of range

By GFM Network News, Glen Hallick - MarketsFarm January 2, 2020

MarketsFarm — With canola now near the top end of its range, prices could break out of being rangebound in the next several days, according to an analyst. Canola has made gains over the last month or so, largely due to spillover from increasing prices for soyoil on the Chicago Board of Trade. Soyoil has

Crops, Markets

Feed weekly outlook: Prairie market stable heading into New Year

By GFM Network News, Phil Franz-Warkentin December 19, 2019

MarketsFarm — Western Canadian feed grain markets are showing some stability heading into the New Year, as buyers have generally booked coverage over the holiday season. “Everybody is just waiting to see what will happen,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. While large amounts of tough grain were moving, he said there was

Green lentils. (Savany/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Balance sheet tightening

By GFM Network News, Phil Franz-Warkentin December 9, 2019

MarketsFarm — Canadian pea and lentil production failed to live up to earlier projections, according to the latest survey data from Statistics Canada. While both crops are still forecast to be above their year-ago levels, the tightening supply expectations should underpin prices. Canada’s 2019-20 lentil crop was pegged at 2.17 million tonnes in the government

Canola in swath near Starbuck, Man. on Aug. 10, 2019. (MarketsFarm photo by Glen Hallick)

Crops, Markets, Weather

StatsCan report puts canola production at lowest since 2015

By GFM Network News December 6, 2019

MarketsFarm — Data from Statistics Canada’s production of principal field crops report, released Friday morning, will likely be supportive of canola values, put pressure on barley, and keep wheat prices steady. In the report, canola production across Canada decreased by 8.3 per cent nationally to 18.6 million tonnes, compared to 2018 production volumes. The decreased

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

Crops, Markets

Feed weekly outlook: Purchases delayed as prices steady, supplies ample

By GFM Network News, Glen Hallick - MarketsFarm December 5, 2019

MarketsFarm — With good supplies available, don’t expect to see much movement in prices for feed wheat and barley over the next several months, according to Nelson Neumann. Neumann, senior trader for Agfinity at Stony Plain, Alta., said barley currently was around $223 per tonne Lethbridge delivered and wheat was a little back at $220

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

Crops, Markets, Pulses

Pulse weekly outlook: Green pea bids still pointed higher

By GFM Network News, Phil Franz-Warkentin November 20, 2019

MarketsFarm — Green pea prices in Western Canada continue to rise, while bids for most of the other major pulses grown in the Prairies are also trending higher. Spot green pea bids have risen by about 70 cents per bushel over the past two weeks to currently top out at $10.50 per bushel, according to

Crops, Markets

CBOT weekly outlook: Harvest activity drops commodities

By GFM Network News October 23, 2019

MarketsFarm — Commodities on the Chicago Board of Trade were mostly lower Wednesday amid a slower news week and harvest activity putting pressure on prices. “We’ve had a quieter week,” said Steve Georgy of Allendale Inc. at McHenry, Ill. “The market starts to fall of its own weight as we’re in harvest season.” Harvest activity,

Livestock, Markets

Klassen: Adverse weather tempers feeder market

By GFM Network News, Jerry Klassen October 8, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower. Excessive snow in Alberta and ongoing rains across Manitoba and Saskatchewan set a negative tone. The market appeared to incorporate a risk discount, although many auction barns had limited numbers on offer. Buyers once again focused on local cattle and avoided transportation over

Daily Network News

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Feed Grains Weekly: Cash prices for wheat, barley largely flat

The Canadian GMO mustard wars: Dijon vs canola

Tag Archives prices

Prairie cash wheat: Bids rise over holidays

Feed weekly outlook: Steady now but supplies will weigh

ICE weekly outlook: Canola could break out of range

Feed weekly outlook: Prairie market stable heading into New Year

Pulse weekly outlook: Balance sheet tightening

StatsCan report puts canola production at lowest since 2015

Feed weekly outlook: Purchases delayed as prices steady, supplies ample

Pulse weekly outlook: Green pea bids still pointed higher

CBOT weekly outlook: Harvest activity drops commodities

Klassen: Adverse weather tempers feeder market

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