Insights and Stories of Marlo Glass – MarketsFarm

Jul. 31, 2020 at 9:30 am CDT

MarketsFarm – Delayed springtime planting pushed back the feed grain harvest. As a result, prices for old crop feed grains are now beginning to converge with new crop prices. “It feels like we’re transitioning towards new crop,” remarked Travis Ebens, a grains trader with CorNine Commodities in Lacombe, Alta. He […]

By Marlo Glass – MarketsFarm

Jul. 30, 2020 at 10:18 am CDT

MarketsFarm – The Chicago Board of Trade (CBOT) continues to watch growing conditions in key regions of the United States, as record yields are expected for corn crops. “Corn is pretty much made,” said Terry Reilly of Futures International in Chicago, Ill. “Conditions have improved significantly, and nobody sees any […]

By Marlo Glass – MarketsFarm

Jul. 22, 2020 at 4:50 pm CDT

MarketsFarm — Canola contracts have received considerable pressure from outside sources, but held above $480 per tonne this week. Ken Ball of P.I. Financial in Winnipeg expected canola to be down by $6-$10, but nearby contracts closed lower by about a dollar at $483.60 per tonne. Ball referred to weakness […]

By Marlo Glass – MarketsFarm

Jul. 16, 2020 at 7:41 pm CDT

MarketsFarm — Delayed spring seeding means new-crop feed barley has a few more weeks left in the field, which is keeping old-crop prices strong into summertime. “We were expecting new-crop barley in the end of July, but with the later seeding date this year we’re not expecting to see new […]

By Marlo Glass – MarketsFarm

Jul. 8, 2020 at 9:22 pm CDT

MarketsFarm — Both of Canada’s major railways moved record-breaking amounts of grain in June and set records for the most grain moved in a fiscal quarter. Canadian National Railway (CN) reported moving 2.7 million tonnes of grain to ports during the month of June, while Canadian Pacific Railway (CP) moved […]

By Marlo Glass – MarketsFarm