Insights and Stories of Glen Hallick - MarketsFarm

Dec. 15, 2021 at 7:43 pm CST

MarketsFarm — As the speculative longs for ICE Futures canola keep trying to defend their position, trader Ken Ball of PI Financial in Winnipeg said the pressure on canola continued to build. That’s especially so with declines over the last few weeks in Chicago soyoil, Malaysian palm oil and European […]

By Glen Hallick - MarketsFarm

Dec. 10, 2021 at 8:16 pm CST

MarketsFarm — Wheat bids in Western Canada retreated by double digits for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats, while those for Canada Western Amber Durum (CWAD) declined more moderately. Significant decreases in U.S. wheat markets and a stronger Canadian dollar combined to weaken Prairie […]

By Glen Hallick - MarketsFarm

Dec. 7, 2021 at 4:29 pm CST

MarketsFarm — There were no surprises for pulses in Statistics Canada’s latest production report, according to Marlene Boersch of Mercantile Venture Consulting in Winnipeg. With that in mind, she doesn’t expect any significant price changes for pulses. “Part of the reason is we’re starting to glide into the holiday period. […]

By Glen Hallick - MarketsFarm

Dec. 6, 2021 at 5:03 pm CST

MarketsFarm — After recent heavy rains forced Canadian National Railway to close its Kamloops-to-Vancouver corridor for a second time, the railway reopened its critical line to Canada’s busiest port on Sunday. CN spokesperson Jonathan Abecassis said the corridor was initially closed a second time during the most recent spell of […]

By Glen Hallick - MarketsFarm

Dec. 1, 2021 at 5:19 pm CST

MarketsFarm — There very likely won’t be any resurgence in canola that would see old-crop futures exceed $1,000 per tonne in the near future, according to analyst Errol Anderson of ProMarket Communications in Calgary. In recent days, canola has been taking a series of hard hits, which have pulled the […]

By Glen Hallick - MarketsFarm