Insights and Stories of Glen Hallick - MarketsFarm

Oct. 31, 2023 at 1:48 pm CDT

MarketsFarm — Price movement for most western Canadian lentils held narrowly rangebound for the week ended Monday. Prairie Ag Hotwire reported most prices remained one cent per pound of unchanged. To Marcos Mosnaim of Export Packers, there were two central reasons for such sparse movement in lentils. “On one side… […]

By Glen Hallick - MarketsFarm

Oct. 25, 2023 at 8:26 pm CDT

MarketsFarm — Canola futures on the Intercontinental Exchange kicked off the week of Oct. 23-27 with sharp losses, as the most heavily traded January contract busted through its support level of $700 per tonne. Among the reasons for canola’s steep fall, as David Derwin pointed out, were the better than […]

By Glen Hallick - MarketsFarm

Oct. 18, 2023 at 8:09 pm CDT

MarketsFarm — While soybean futures at the Chicago Board of Trade have moved higher over the past week, corn was rangebound and wheat lacked any clear direction in choppy trade, making it hard to predict where values may go from here, according to Scott Capinegro of Barrington Commodities in Barrington, […]

By Glen Hallick - MarketsFarm

Oct. 4, 2023 at 7:32 pm CDT

MarketsFarm — As harvests of soybeans, corn and spring wheat advanced in the United States, trader John Weyer of Walsh Commercial Hedging Services said the pressure on those commodities was going to continue over coming weeks. “We might test some technical levels, see some selloffs a bit and get some […]

By Glen Hallick - MarketsFarm

Sep. 28, 2023 at 7:48 pm CDT

MarketsFarm — After a better-than-expected harvest across the Canadian Prairies, feed grain prices on the region either have bottomed out or soon will, according to Evan Peterson of JGL Commodities in Saskatoon. “They’ve dropped significantly in the past three to four weeks as harvest pressure kicked off,” he said, citing […]

By Glen Hallick - MarketsFarm