Insights and Stories of Glen Hallick - MarketsFarm

Nov. 25, 2020 at 4:57 pm CST

MarketsFarm — Just ahead of the Thanksgiving holiday in the United States, the Chicago Board of Trade was pulling back a little, generating double-digit losses in most wheat contracts, while corn and soybeans were down by smaller amounts. However, from Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill., […]

By Glen Hallick - MarketsFarm

Nov. 24, 2020 at 6:42 pm CST

MarketsFarm — After a year that has seen lentil prices climb by between seven and 13 cents/lb., they have stalled and pulled back a little bit, according to Allan Johnston of Johnston Grains at Welwyn, Sask. “The market is not very friendly,” Johnston said, noting dry pea prices have receded […]

By Glen Hallick - MarketsFarm

Nov. 21, 2020 at 5:45 am CST

MarketsFarm — Bids were steady to higher this week in Western Canada for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPRS) and Canada Western Amber Durum (CWAD) wheats. Gains in most U.S. wheat markets provided support as strength in the Canadian dollar kept a lid on further gains. […]

By Glen Hallick - MarketsFarm

Nov. 20, 2020 at 7:12 pm CST

MarketsFarm — Solid export demand has pushed Canadian flax prices up sharply over the past month, with the market working to ration demand amid expectations for tightening supplies. The flax market in general is “just gone crazy. We’re up 50 per cent since the start of harvest,” Scott Shiels of […]

By Glen Hallick - MarketsFarm

Nov. 19, 2020 at 8:13 pm CST

MarketsFarm — There continues to be a very strong demand for feed grains with large amounts headed for export, according to Saskatoon-based trader Evan Peterson of JGL Commodities. “It’s driven the prices up and made a massive competition between feed for Alberta versus shipping it overseas,” Peterson said, noting China […]

By Glen Hallick - MarketsFarm