Insights and Stories of 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

Nov. 17, 2020 at 8:59 pm CST

MarketsFarm — There has continued to be a strong demand for peas, as demonstrated by data from the Canadian Grain Commission. And that has been supporting price increases, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “The overall demand has been very, very good,” she said. In […]

By Glen Hallick - MarketsFarm

Nov. 12, 2020 at 7:02 pm CST

MarketsFarm — Canola is deeply in the hold of a bull market that could push nearby contracts to $575-$580 per tonne, according to Errol Anderson of ProMarket Communications in Calgary. “A bull market always needs to be fed and it keeps getting fed,” Anderson said, referencing the November supply and […]

By Glen Hallick - MarketsFarm

Nov. 9, 2020 at 3:03 am CST

MarketsFarm — Bids in Western Canada were higher this past week for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats. Gains in U.S. wheat markets provided support as a stronger Canadian dollar kept a lid on further increases. Average CWRS (13.5 […]

By Glen Hallick - MarketsFarm