Insights and Stories of Terryn Shiells

Feb. 5, 2014 at 5:42 pm CST

CNS Canada — Canola futures on the ICE Futures Canada trading platform moved higher, following along with the Chicago soybean and soyoil markets during the week ended Wednesday. Sentiment that the canola market was oversold, weakness in the Canadian dollar, and ideas that canola is undervalued compared to other oilseeds […]

By Terryn Shiells

Feb. 3, 2014 at 3:39 pm CST

CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPRSR) wheat moved lower amid widening basis levels during the week ended Monday. Canada Western Red Spring (CWRS) bids, meanwhile, were holding steady. Prices for both varieties failed to follow the U.S. futures markets higher due to continued […]

By Terryn Shiells

Jan. 28, 2014 at 7:13 pm CST

Updated, Jan. 29 — CNS Canada — Basis levels for canola in some regions of Western Canada have seen slight improvements lately, but they’re still “extremely wide” historically, according to a grain marketing specialist. “In this area I would say basis levels have widened from early September, probably by $60 […]

By Terryn Shiells

Jan. 27, 2014 at 6:10 pm CST

CNS Canada — Western Canadian wheat cash bids were mixed during the week ending Monday. Canada Western Red Spring (CWRS) bids were down slightly, while Canada Prairie Spring Red (CPSR) held steady and durum prices were slightly higher. Average spot bids for CWRS at 13.5 per cent protein across Manitoba, […]

By Terryn Shiells

Jan. 23, 2014 at 8:23 pm CST

CNSC — North American fertilizer prices have been on the rise over the past month, but are expected to level off until the spring, when the market should see a seasonal rally. Tight supplies have helped to contribute to the recent price rally, said Rick Rempel, vice-president of marketing for […]

By Terryn Shiells