Insights and Stories of Glen Hallick - MarketsFarm

May. 28, 2019 at 5:58 pm CDT

MarketsFarm — Prices for red and green lentils have stabilized after they increased, according to Marcos Mosnaim of Globeways Canada in Mississauga. Red lentil prices began to rise about two to three weeks ago, he said, as shipments were made to India with the exporter increasing the price. “I would […]

By Glen Hallick - MarketsFarm

May. 27, 2019 at 12:40 am CDT

MarketsFarm — Earlier this month Manitoba’s minister of agriculture, Ralph Eichler, took to Twitter to sing the praises of dry peas. “Peas will become the next successful crop in Manitoba. Thank you for believing in the future,” Eichler tweeted. Part of the minister’s optimism stems from global corporate giant Roquette […]

By Glen Hallick - MarketsFarm

May. 15, 2019 at 4:33 pm CDT

MarketsFarm — A combination of three factors have contributed to the bounce in prices at the Chicago Board of Trade, according to Rich Feltes of R.J. O’Brien in Chicago. “It’s the convergence of the middle of May, which is a critical time and the confirmation that planting is not only […]

By Glen Hallick - MarketsFarm

May. 8, 2019 at 8:19 pm CDT

MarketsFarm — There wasn’t much available to sustain a bounce in canola prices, from where David Derwin sits. “It’s really tough to say. We had canola drop so much over the last couple of months and sometimes it’s ‘buy the rumour, sell the fact,’” said Derwin, a commodities portfolio manager […]

By Glen Hallick - MarketsFarm

May. 2, 2019 at 7:55 pm CDT

MarketsFarm — At this time soybean acres in Canada have been projected to be down this year for a few reasons — not only because of trade issues with China, but also due to back-to-back dry years and declining prices. Statistics Canada’s 2019-20 principal field crop acreage report, released April […]

By Glen Hallick - MarketsFarm