Insights and Stories of Terryn Shiells

Oct. 10, 2013 at 4:21 am CDT

Prices for durum wheat in Western Canada have weakened recently and are expected to continue to move lower going forward. Much of the recent price weakness is linked to the supply-and-demand situation, as Canada is expected to produce a very large crop this year, said Neil Townsend, director of market […]

By Terryn Shiells

Oct. 9, 2013 at 7:39 pm CDT

Canola futures on the ICE Futures Canada trading platform were stronger during the week ended Wednesday (Oct. 9), finding some spillover support from the gains seen in outside oilseed markets. Technical based buying also underpinned values, with canola futures seeming to find good support in the C$475-$480 per tonne level. […]

By Terryn Shiells

Oct. 8, 2013 at 2:21 am CDT

Cash bids for spring wheat in Western Canada were stronger following the U.S. futures markets during the week ended Monday (Oct. 7). Gains, however, were capped by widening basis levels and by Friday’s Statistics Canada report which estimated the 2013-14 Canadian wheat crop will be the largest ever at 33.03 […]

By Terryn Shiells

Oct. 3, 2013 at 4:35 pm CDT

Wet, rainy weather seen in growing regions across Alberta has stalled the harvest in some areas during the first week of October. Harry Brook, a crop specialist with Alberta’s provincial Ag-Info Centre at Stettler, said farmers are now waiting for drier weather to finish up the last bit of the […]

By Terryn Shiells

Sep. 30, 2013 at 7:24 pm CDT

Cash bids for spring wheat in Western Canada were sharply higher, following a rally seen in U.S. futures markets. However, the gains were capped by harvest pressure, good yield reports and large supply expectations. Average spot bids for Canada Western red spring (CWRS) wheat (13.5 per cent protein) on Monday […]

By Terryn Shiells