Insights and Stories of Terryn Shiells

Jan. 8, 2014 at 9:37 pm CST

Canola futures may have moved lower and set fresh contract lows during the week ended Jan. 8, but the worst is yet to come. The outlook for canola prices is already grim, as the large Canadian supply situation, logistical problems moving the crop out of the country and the resulting […]

By Terryn Shiells

Dec. 30, 2013 at 9:15 pm CST

Western Canadian wheat cash bids moved lower during the week ending Monday, marking four straight weeks of declines. Cash bids were following the continued downward trend seen in the U.S. futures markets. Average spot bids for Canada Western red spring wheat (CWRS, 13.5 per cent protein) across Manitoba, Saskatchewan and […]

By Terryn Shiells

Dec. 18, 2013 at 7:52 pm CST

Manitoba and Saskatchewan growers planted and produced a record-large amount of soybeans this year — and the crop’s westward expansion is expected to continue in the future. According to Statistics Canada, Manitoba farmers planted 1.05 million acres of soybeans in 2013-14 and, with good yields, produced 1.07 million tonnes. Manitoba’s […]

By Terryn Shiells

Dec. 18, 2013 at 7:22 pm CST

ICE Futures Canada canola futures continued to move lower during the week ending Wednesday (Dec. 18), resulting in a total loss of more than C$30 per tonne in nearby contracts since early December. Recent declines in canola are linked to the large Canadian canola supply situation, as well as logistical […]

By Terryn Shiells

Dec. 16, 2013 at 5:40 pm CST

Western Canadian wheat cash bids moved lower during the week ended Monday, following losses seen in the U.S. futures markets. Basis levels also widened for both Canada Western Red Spring (CWRS) and Canadian Prairie Spring Red (CPSR) varieties, which contributed to the price weakness. Average spot bids for CWRS (13.5 […]

By Terryn Shiells