Insights and Stories of Terryn Shiells

May. 1, 2014 at 4:42 pm CDT

CNS Canada — Thanks to record-large Canadian crop production in 2013-14, stocks of grain and oilseeds in Canada as of March 31 are likely to be pegged as very large in Statistics Canada’s report, due out Monday. “It’s pretty much a given that we’re going to see sharply higher stocks” […]

By Terryn Shiells

Apr. 30, 2014 at 2:58 am CDT

CNS Canada –– Average cash bids for Canada Western Red Spring (CWRS) wheat moved higher, breaking back above $200 per tonne, during the week ended Monday. Improving basis levels and spillover support from the gains seen in Minneapolis spring wheat futures helped to lift prices. Average spot bids for CWRS […]

By Terryn Shiells

Apr. 23, 2014 at 8:50 pm CDT

CNS Canada — Old-crop soybean futures on the Chicago Board of Trade moved sharply lower during the week ended Wednesday, with new-crop values seeing less severe losses. The narrowing in of the old crop/new crop spread was a feature of the week’s activity. Going forward, the trend looks to bearish, […]

By Terryn Shiells

Apr. 21, 2014 at 5:40 pm CDT

CNS Canada — Cash bids for Canada Western Red Spring (CWRS) wheat eased during the week ended Monday, as U.S. wheat futures were weaker and basis levels widened. Average spot bids on Monday for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at around $192 per […]

By Terryn Shiells

Apr. 16, 2014 at 4:34 pm CDT

CNS Canada — Canola futures on the ICE Futures Canada platform finished little changed during the week ended Wednesday, as buyers were reluctant to push the market higher despite large gains seen in outside oilseeds. “Nobody really wants to buy canola, but they’ll have to push it along with the […]

By Terryn Shiells