Insights and Stories of Glen Hallick - MarketsFarm

Apr. 24, 2020 at 3:41 am CDT

MarketsFarm — Work continues on Roquette’s pea processing plant at Portage la Prairie, Man., where the French plant-protein firm says measures have been taken to meet health and safety regulations regarding the COVID-19 pandemic. “Beginning in early March we proactively started collaborating with contractors on COVID-19 prevention measures, such as […]

By Glen Hallick - MarketsFarm

Apr. 22, 2020 at 7:35 pm CDT

MarketsFarm — Hit by an unprecedented crash in North American crude oil prices, particularly this week, corn and soybeans have struggled at the Chicago Board of Trade, according to Terry Reilly of Futures International. As the May contract for West Texas Intermediate (WTI) wrapped up earlier this week, it crashed […]

By Glen Hallick - MarketsFarm

Apr. 17, 2020 at 8:25 pm CDT

MarketsFarm — Wheat bids in Western Canada were mostly lower for the week ended Thursday, due to declines in U.S. markets. Support came from a weaker Canadian dollar. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats were lower, while Canada Western Amber Durum (CWAD) was steady […]

By Glen Hallick - MarketsFarm

Apr. 15, 2020 at 5:54 pm CDT

MarketsFarm — Canola prices dropped over the last week due to a combination of factors, according to David Derwin of PI Financial in Winnipeg. The Canadian dollar was one of those factors, as it had a small rally that pushed the loonie to almost 72 U.S. cents. That rally ended […]

By Glen Hallick - MarketsFarm

Apr. 9, 2020 at 1:57 pm CDT

MarketsFarm — As has often been the case, February 2020’s oilseed crush was lower than January’s, according to Statistics Canada’s latest report released Thursday. More than 812,600 tonnes of canola were crushed in February, down 4.9 per cent from January. Also, there were 144,260 tonnes of soybeans crushed in February, […]

By Glen Hallick - MarketsFarm