Insights and Stories of Glen Hallick - MarketsFarm

Mar. 4, 2020 at 7:10 pm CST

MarketsFarm — Expect the canola market, along with other grains and oilseeds, to remain volatile for the time being, said David Derwin of PI Financial in Winnipeg. “A lot of the markets right now are extremely erratic because of the coronavirus. I think it’s being blown out of proportion, but […]

By Glen Hallick - MarketsFarm

Feb. 28, 2020 at 4:10 pm CST

MarketsFarm — Prairie wheat bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat were lower for the week ended Thursday, following losses in U.S. futures. Canada Western Amber Durum (CWAD) largely held steady, buoyed by a weaker Canadian dollar, which lost about six-10ths of a […]

By Glen Hallick - MarketsFarm

Feb. 28, 2020 at 3:56 pm CST

MarketsFarm — Manitoba has issued its spring thaw forecast of 2020 — with high water levels coming for the Red River. That’s due to significant soil moisture levels left over from the fall and above-normal snow levels in the river’s U.S. watershed. “Our focus is currently on the Red River, […]

By Glen Hallick - MarketsFarm

Feb. 26, 2020 at 1:33 pm CST

MarketsFarm — As fears of a worldwide pandemic of the COVID-19 coronavirus increase, markets, including the Chicago Board of Trade (CBOT), are seen to have been taking a beating. “The perception is, it’s going to get worse, that trade is going to struggle,” said Steve Georgy, president of Allendale Inc. […]

By Glen Hallick - MarketsFarm

Feb. 19, 2020 at 7:27 pm CST

MarketsFarm — There’s no doubt commodities on the Chicago Board of Trade have struggled since the coronavirus outbreak in China, but the situation could be worse, a trader said. “I personally think the markets… are holding up pretty well with all of the negative news,” said Scott Capinegro of Barrington […]

By Glen Hallick - MarketsFarm