Insights and Stories of Glen Hallick - MarketsFarm

Nov. 13, 2024 at 3:01 pm CST

As to where canola and other grains go in the coming months is somewhat uncertain, said analyst Wayne Palmer of Exceed Grain in Winnipeg. He pointed directly at the incoming Trump administration in the United States and the policies the president-elect has been touting.

By Glen Hallick - MarketsFarm

Nov. 8, 2024 at 2:19 pm CST

There were a few tweaks to the latest monthly report from the United States Department of Agriculture released on Nov. 8. The World Agricultural Supply and Demand Estimates not only lowered yields for U.S. corn and soybeans, the department reduced the ending stocks for both.

By Glen Hallick - MarketsFarm

Nov. 6, 2024 at 2:50 pm CST

The trade's initial reaction to the re-election of former United States President Donald Trump was bearish for soybeans and corn on the Chicago Board of Trade on Nov. 6. Meanwhile, the U.S. Federal Reserve's interest rate announcement on Nov. 7 and the U.S. Department of Agriculture's supply and demand report on Nov. 8 are likely to have a bullish effect on those commodities, said Allendale Inc. president Steve Georgy.

By Glen Hallick - MarketsFarm

Nov. 5, 2024 at 3:02 pm CST

Global insurance brokerage and financial services firm Hub International Limited (Hub) announced on Tuesday it has acquired Global Ag Risk Solutions Corp. and Global Ag Weather Solutions Corp. known as Parametric Ag (collectively, Global Ag Risk Solutions).

By Glen Hallick - MarketsFarm

Nov. 4, 2024 at 3:26 pm CST

Things have been greatly improving for Brazilian soybean and corn crops, while the jury is still out for Argentina, said Michael Cordonnier of Soybean and Corn Advisor Inc. in Hinsdale, Ill.

By Glen Hallick - MarketsFarm