Insights and Stories of Glen Hallick - MarketsFarm

Jul. 10, 2024 at 3:29 pm CDT

The Canadian oilseed began to pull back on July 8 as it became caught up in a selloff in the global oilseed market. The November contract finished at C$658.20 per tonne on July 5, gaining more than C$31 on the week. However, by the close on July 10, that contract dropped to C$617.90.

By Glen Hallick - MarketsFarm

Jul. 8, 2024 at 9:18 am CDT

Crops throughout Alberta stood at 75 per cent good to excellent as of July 2, according to the latest crop report from the provincial agriculture department. That was eight points above the five-year average despite cooler than normal temperatures and delayed crop development due to excessive rain for most of the province so far this year.

By Glen Hallick - MarketsFarm

Jul. 4, 2024 at 2:47 pm CDT

Although crop conditions in Saskatchewan were good, the province’s latest crop report said development continued to fall behind normal for this time of year. Saskatchewan Agriculture pointed to the cooler temperatures and wet conditions as why development has been slower this year.

By Glen Hallick - MarketsFarm

Jul. 3, 2024 at 3:51 pm CDT

Weather conditions across the Canadian Prairies and the United States Midwest will likely take somewhat different paths during the first half of July, according to Drew Lerner, president of World Weather Inc. in Overland Park, Kan.

By Glen Hallick - MarketsFarm

Jul. 3, 2024 at 2:04 pm CDT

United States corn and soybean crops continued to remain at whatever whims the weather brings, according to John Weyer of Walsh Commercial Hedging Services in Chicago.

By Glen Hallick - MarketsFarm