Insights and Stories of Marlo Glass – MarketsFarm

Sep. 5, 2019 at 3:45 am CDT

MarketsFarm — A state of agricultural emergency has been declared in 12 municipalities, mostly in Manitoba’s Interlake region, due to chronically low hay yields. Drought and grasshoppers have hindered crops to the point that hay production is about 25 to 30 per cent of average. “We’ve moved cows out of […]

By Marlo Glass – MarketsFarm

Aug. 30, 2019 at 10:05 pm CDT

MarketsFarm — Wheat bids in Western Canada were mixed for the week ended Thursday. Small gains and marginal losses were observed in CWRS, CPSR and durum wheats. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were down $3-$5 per tonne at most locations. The outlier was […]

By Marlo Glass – MarketsFarm

Aug. 29, 2019 at 7:30 pm CDT

MarketsFarm — While the most recent crop production report from Statistics Canada predicted significantly more oats than originally expected, prices will likely remain stable. Statistics Canada estimated 3.952 million tonnes of oats will be grown in 2019, up considerably from the 3.436 million tonnes produced in 2018. But low carryover […]

By Marlo Glass – MarketsFarm

Aug. 28, 2019 at 7:43 pm CDT

MarketsFarm — Corn contracts have tested contract lows on the Chicago Board of Trade, and markets are in need of a bounce. “If contract lows get taken out, you’re talking almost another 10 cents to the downside,” said Steve Georgy, president of Allendale Inc. at McHenry, Illinois. “It’s going to […]

By Marlo Glass – MarketsFarm

Aug. 27, 2019 at 6:24 am CDT

MarketsFarm — While Canada’s licensed hemp acreage nearly doubled from 2018 to 2019, yield estimates will remain uncertain until licensed producers report their crops to Health Canada after harvest. “Health Canada, for the first time, will be collecting information on hemp acres that were seeded, rather than hemp acres that […]

By Marlo Glass – MarketsFarm