Insights and Stories of Marlo Glass – MarketsFarm

Jan. 24, 2020 at 10:14 pm CST

MarketsFarm — The Canadian canola stocks-to-use ratio was over 20 per cent at the end of 2019 — significantly higher than the five-year average of 13.4 per cent. “That’s part of the reason why we’re seeing downward pressure on canola prices,” Craig Klemmer, chief agriculture economist for Farm Credit Canada […]

By Marlo Glass – MarketsFarm

Jan. 23, 2020 at 5:04 pm CST

MarketsFarm — Demand for plant- and animal-based proteins alike is likely to increase in the coming year. Since 2017, pea protein demand increased by about 13 per cent, Craig Klemmer, chief agriculture economist at Farm Credit Canada, said at Ag Days in Brandon, Man. Over the same time period, demand […]

By Marlo Glass – MarketsFarm

Jan. 23, 2020 at 4:47 pm CST

MarketsFarm — Canadian producers looking for challenging growing conditions elsewhere in the world to prop up commodity prices may be disappointed during the 2020 growing season. South America “If you’re looking for any help from South America for your canola or soybeans or corn, you’d better look somewhere else,” Drew […]

By Marlo Glass – MarketsFarm

Jan. 22, 2020 at 7:35 pm CST

MarketsFarm — When it comes to improving global trade relations, a rising tide may not lift all boats. In the recently-signed Phase One trade deal between the U.S. and China, Beijing pledged to significantly increase Chinese purchases of U.S. soybeans and other agriculture goods. “Where does that leave room for […]

By Marlo Glass – MarketsFarm

Jan. 22, 2020 at 6:53 pm CST

MarketsFarm — Corn futures on the Chicago Board of Trade may be due for a rally. The March corn contract hit $3.92 per bushel three times earlier in the month, facing stiff resistance to break higher (all figures US$). Prices established lows last week, around $3.7525. “I would like to […]

By Marlo Glass – MarketsFarm