Insights and Stories of Glen Hallick - MarketsFarm

Nov. 22, 2023 at 12:09 pm CST

MarketsFarm — Agriculture and Agri-Food Canada has slightly adjusted its supply/demand estimates for November. AAFC published its latest Outlook for Principal Field Crops on Tuesday. Of Canada’s major crops, the department left the 2023-24 ending stocks for canola at one million tonnes and all wheat at 3.6 million, while all […]

By Glen Hallick - MarketsFarm

Nov. 22, 2023 at 10:31 am CST

MarketsFarm — With increased export competition, pea prices in Western Canada have slipped back, according to Levon Sargsyan of Johnston Grains in Calgary. “We are hearing that China slowed their imports down from Canada, which is driving the current decrease in prices,” Sargsyan said. “They have increased their imports from […]

By Glen Hallick - MarketsFarm

Nov. 15, 2023 at 4:06 pm CST

With a record short position in canola, managed money is largely in control of the market according to analyst Wayne Palmer of Exceed Grain in Winnipeg.

By Glen Hallick - MarketsFarm

Nov. 9, 2023 at 3:45 pm CST

MarketsFarm — There were some surprises in the November world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture, released Thursday. USDA defied trade expectations when it came to 2023-24 ending stocks of U.S. corn, soybeans, and all wheat, with those being higher. As well, the department […]

By Glen Hallick - MarketsFarm

Nov. 8, 2023 at 6:36 pm CST

MarketsFarm — There will likely be some minor tweaks to the November supply and demand report from the U.S. Department of Agriculture on Thursday. USDA is set to publish its world agriculture supply and demand estimates (WASDE) at 11 a.m. CT. “I would say the [U.S.] corn production estimates are […]

By Glen Hallick - MarketsFarm