Insights and Stories of Marlo Glass – MarketsFarm

Jun. 11, 2020 at 5:34 pm CDT

MarketsFarm — The world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) had a “benign effect” on the Chicago Board of Trade (CBOT), according to one trader. That’s mainly because U.S. production estimates for corn, wheat, and soybeans were largely unchanged. The U.S. soybean production […]

By Marlo Glass – MarketsFarm

May. 27, 2020 at 8:08 pm CDT

MarketsFarm — Favourable growing conditions across most of the U.S. — and a good start to the growing season — have kept commodity prices on the Chicago Board of Trade locked in a sideways range. In the crop progress report released Tuesday from the U.S. Department of Agriculture (USDA), the […]

By Marlo Glass – MarketsFarm

May. 26, 2020 at 4:43 pm CDT

MarketsFarm — Chickpea prices have recovered slightly from lows hit around the end of 2019, but they’re still a long way off historic highs from years past. Ahead of the 2018 growing season, chickpea prices were around 50 to 60 cents/lb. for growers, according to Darwin Hamilton of Kalshea Commodities […]

By Marlo Glass – MarketsFarm

May. 21, 2020 at 8:11 pm CDT

MarketsFarm — Feed grain prices across the Prairies have been stronger during the week ended Thursday, buoyed by rainy conditions in southern Alberta coupled with steady demand. “To fill the gaps, prices have had to go up,” said Allen Pirness of Market Place Commodities in Lethbridge. Prices for feed barley […]

By Marlo Glass – MarketsFarm

May. 21, 2020 at 2:57 am CDT

MarketsFarm — Crop commodity values on the Chicago Board of Trade (CBOT) have largely stabilized as COVID-19 restrictions are relaxed in several U.S. states. “We’ve been playing this virus for a few months now,” said Scott Capinegro of Barrington Commodities in Barrington, Ill. COVID-19-related lockdown measures decimated demand for ethanol, […]

By Marlo Glass – MarketsFarm