Insights and Stories of Glen Hallick - MarketsFarm

Jan. 20, 2023 at 8:12 pm CST

MarketsFarm — Agriculture and Agri-Food Canada (AAFC) has released its first crop projections for 2023-24, forecasting a very notable drop in oats. In AAFC’s January supply and demand estimates, released Friday, it cut oat production to 3.611 million tonnes, down almost 31 per cent compared to 2022-23. The department chopped […]

By Glen Hallick - MarketsFarm

Jan. 19, 2023 at 7:14 pm CST

MarketsFarm — With January being a quiet time there’s isn’t a whole lot of direction for feed grains, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. Prices for feed barley and wheat have been slowing slipping, he said — especially with feedlots not having to buy and farmers […]

By Glen Hallick - MarketsFarm

Jan. 18, 2023 at 4:32 pm CST

MarketsFarm — China has largely been behind the current upticks in global crude oil prices, according to Tom Kloza, global head of energy analysis for Oil Price Information Services in Lakewood, NJ. He suggested that China’s economy will begin to pick up steam in 2023 after the government loosened its […]

By Glen Hallick - MarketsFarm

Jan. 17, 2023 at 2:58 pm CST

MarketsFarm — Pea prices in North Dakota have been feeling pressure from the New Year, according to Landon Lechler of Beach Co-operative at Beach, N.D., about 360 km south of Weyburn, Sask. Besides the turning of the calendar New Year, Lechler said the upcoming Chinese New Year has slowed export […]

By Glen Hallick - MarketsFarm

Jan. 11, 2023 at 7:03 pm CST

MarketsFarm — Unless something very dramatic were to happen in the coming weeks, canola futures on the ICE Futures platform will remain rangebound at least until spring, according to David Derwin, analyst with PI Financial in Winnipeg. “Canola has been very rangebound for the last six to seven months,” he […]

By Glen Hallick - MarketsFarm