Insights and Stories on Exports

Apr. 1, 2020 at 8:26 pm CDT

MarketsFarm — ICE Futures canola contracts succumbed to pressure from comparable vegetable oils at midweek, after showing strength earlier in the week. Ken Ball of P.I. Financial said lower soyoil values put canola “under tremendous pressure.” Nearby soyoil contracts were down by about a penny on Wednesday. Earlier in the […]

By Marlo Glass – MarketsFarm

Mar. 31, 2020 at 1:40 pm CDT

Exports of Canadian canola seed exports to China will continue, at the same reduced pace seen since March last year — but only if it contains less than one per cent dockage. A memorandum of understanding (MOU) between the two countries allowing higher dockage ends Tuesday (March 31), a Canadian […]

By Allan Dawson

Mar. 30, 2020 at 10:47 am CDT

Canada’s grain industry expects the federal government will soon officially declare agriculture an essential service. Wade Sobkowich, executive director of the Western Grain Elevator Association (WGEA), says that designation will have a practical application. “Hopefully it ends all confusion about grain workers at elevators, railway workers and anybody else required […]

By Allan Dawson

Mar. 24, 2020 at 6:07 pm CDT

MarketsFarm — Pea and lentil bids in Western Canada are holding relatively steady for the time being, despite anecdotal reports of increased international demand due to the COVID-19 pandemic, with attention soon shifting to spring seeding. A lack of willing sellers is keeping pulse bids underpinned in Western Canada, according […]

By Phil Franz-Warkentin

Mar. 23, 2020 at 5:27 pm CDT

Chicago | Reuters — U.S. wheat futures surged nearly four per cent on Monday and hit a one-month high, buoyed by strong buying by domestic flour millers as consumers stockpile bread, and signs of a pick-up in global export business, traders said. Soybeans rose on expectations of rising demand for […]

By Julie Ingwersen