Insights and Stories of Glen Hallick - MarketsFarm

Feb. 17, 2022 at 7:00 pm CST

MarketsFarm — Prices for feed barley have swung a little higher over the last week — but it’s not due to feedlots needing a lot of the cereal, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. Barley prices, he said, were $420-$424 per tonne delivered into Lethbridge, with […]

By Glen Hallick - MarketsFarm

Feb. 17, 2022 at 6:53 pm CST

MarketsFarm — Downward revisions to soybean numbers stand out the most in February’s grain market report from the International Grains Council (IGC). Otherwise, the monthly estimates have minor alterations. The IGC cut its forecast on 2021-22 global soybean production by four per cent from its January report, bringing its projection […]

By Glen Hallick - MarketsFarm

Feb. 16, 2022 at 8:18 pm CST

MarketsFarm — The steady rise in crude oil prices is based on three factors, according to Tom Kloza, global head of energy analysis for Oil Price Information Service at Lakewood, N.J. One of those factors is the amount of crude oil produced by members of the Organization of Petroleum Exporting […]

By Glen Hallick - MarketsFarm

Feb. 16, 2022 at 6:34 pm CST

MarketsFarm — The Prairie weather outlook for the rest of February is likely to remain below normal, according to Scott Kehler, chief scientist for Weatherlogics in Winnipeg. “[But] not as cold as it has been for most of the winter,” he added. Much of January and February have been highlighted […]

By Glen Hallick - MarketsFarm

Feb. 15, 2022 at 2:02 pm CST

MarketsFarm — Although prices for chickpeas have pulled back somewhat over the last month, Colin Young of Midwest Grain at Moose Jaw, Sask. emphasized the market has not turned bad in any manner. “It’s just the level of expectation we had, given the rise in prices of other commodities. Given […]

By Glen Hallick - MarketsFarm