Insights and Stories of Adam Johnston

Mar. 27, 2012 at 3:59 pm CDT

After struggling for quite some time, flaxseed values in Western Canada have slowly started to strengthen and there are ideas the uptrend should continue in the near future. "Tight global supplies have certainly helped the strengthening of flax bids," said Mike Jubinville of ProFarmer Canada in Winnipeg. The fact flax […]

By Adam Johnston

Mar. 6, 2012 at 6:30 pm CST

Prairie feed wheat cash bids have advanced in the past month. Firm demand, along with tightness in the cash market has amplified the upward price trend, said an industry participant. "There is been more feed wheat bids than offers," said Jim Beusekom, an analyst with Market Place Commodities at Lethbridge, […]

By Adam Johnston

Mar. 5, 2012 at 7:29 pm CST

New-crop lentil bids in Western Canada remain sluggish, with ample supply and the lack of interest in forward pricing weighing on prices, said an analyst. "Lentils are a dead market for the foreseeable future," said Mike Jubinville, an analyst with ProFarmer Canada in Winnipeg. Some of the weakness in new-crop […]

By Adam Johnston

Mar. 4, 2012 at 3:20 pm CST

Western Canadian flaxseed cash bids have advanced in the past month, with fresh export demand along with tight supply concerns contributing to the firmness, said an industry participant. "The Chinese market has really helped out western Canadian flax prices this year," said Chuck Penner, an analyst with LeftField Commodity Research […]

By Adam Johnston

Feb. 21, 2012 at 5:59 pm CST

Western Canadian canola cash bids continue to move upward with record crushing, solid export demand and chart-based buying providing underlying support. However, ideas that canola may be oversold, along with uncertainty in the global macroeconomic picture, could temper the upward price potential in the long-term. Mike Jubinville, an analyst with […]

By Adam Johnston