Insights and Stories of Glen Hallick - MarketsFarm

Jun. 26, 2019 at 6:50 pm CDT

MarketsFarm — At least one analyst predicts the U.S. Department of Agriculture’s next acreage report, due out Friday, could have a bullish effect at the Chicago Board of Trade. “If we come in near trade expectations for the (soybeans), it might be supportive,” said Terry Reilly, grains analyst with Futures […]

By Glen Hallick - MarketsFarm

Jun. 19, 2019 at 6:50 pm CDT

MarketsFarm — Forecasts of rain for Western Canada will certainly help canola in terms of growing this year, said David Derwin of PI Financial in Winnipeg. “I spoke with several farmers from across the Prairies who said we got some good rains, a few who didn’t, but by in large, […]

By Glen Hallick - MarketsFarm

Jun. 12, 2019 at 6:42 pm CDT

MarketsFarm — Corn planting in Canada has been a struggle this year much like for farmers in the U.S., according to Tuesday’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA). USDA’s May WASDE report estimated Canadian corn production at 15.4 million tonnes, but wet […]

By Glen Hallick - MarketsFarm

Jun. 12, 2019 at 3:55 pm CDT

MarketsFarm — China has not halted its ginseng imports from Canada despite allegations to the contrary, a spokesperson from Ginseng Ontario says. Rebecca Coates, executive director for Ginseng Ontario, said China is only one of many export destinations for Canadian-grown ginseng. Other major buyers include Hong Kong, Taiwan, Singapore and […]

By Glen Hallick - MarketsFarm

Jun. 12, 2019 at 1:46 pm CDT

MarketsFarm — Although there were no major changes to soybeans in June’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture, the commodity’s price shot up on the Chicago Board of Trade. USDA on Tuesday issued its monthly WASDE report, in which estimated U.S. corn production […]

By Glen Hallick - MarketsFarm