Insights and Stories of Glen Hallick - MarketsFarm

Sep. 8, 2021 at 7:19 pm CDT

MarketsFarm — With the U.S. Department of Agriculture (USDA) set to issue its monthly supply and demand estimates (WASDE) on Friday, a broker said it will be a “tricky report.” That’s because of the impact Hurricane Ida had on the U.S. transportation system, according to Scott Capinegro of Barrington Commodities […]

By Glen Hallick - MarketsFarm

Sep. 1, 2021 at 4:36 pm CDT

MarketsFarm — If the October soyoil contract on the Chicago Board of Trade (CBOT) falls to 55 U.S. cents/lb., it’s likely ICE Futures canola will drop to around $850 per tonne, according to analyst Errol Anderson of ProMarket Communications in Calgary. ICE November canola closed Wednesday at $890.80 per tonne, […]

By Glen Hallick - MarketsFarm

Aug. 26, 2021 at 4:42 pm CDT

MarketsFarm — Following the release of monthly supply and demand estimates from Agriculture and Agri-Food Canada (AAFC) Thursday, Brandon Motz of CorNine Commodities at Lacombe, Alta. wasn’t surprised at how low the numbers dropped, particularly for barley. Motz commented the harvest hasn’t been as good as initially thought, noting the […]

By Glen Hallick - MarketsFarm

Aug. 25, 2021 at 6:03 pm CDT

MarketsFarm — Choppiness in Chicago Board of Trade (CBOT) soyoil, a potential increase in corn prices and an upcoming production report from Statistics Canada are factors on which grains analyst Terry Reilly suggests keeping an eye. Soyoil has been hit by early reports that the U.S. Environmental Protection Agency was […]

By Glen Hallick - MarketsFarm

Aug. 24, 2021 at 7:11 pm CDT

MarketsFarm — As with so many other crops on the Prairies, production of lentils will be lower this year due to the drought. However, MarketsFarm Pro senior analyst Mike Jubinville said the lentil crop likely fared a bit better than cereals or oilseeds. Earlier this year, Statistics Canada projected lentil […]

By Glen Hallick - MarketsFarm