Insights and Stories on Gulf Coast

Sep. 1, 2021 at 6:40 pm CDT

Chicago | Reuters — U.S. corn futures fell about two per cent on Wednesday, with the benchmark December contract hitting a seven-week low as worries about shipping delays from the U.S. Gulf Coast triggered a round of long liquidation, analysts said. Soybean futures touched a two-month low and wheat followed […]

By Julie Ingwersen

Aug. 31, 2021 at 5:32 pm CDT

Chicago | Reuters — U.S. grain and soybean futures touched their lowest prices in weeks on Tuesday as power outages and damage to export facilities from Hurricane Ida stoked concerns about the potential for extended disruptions to shipments, analysts said. Uncertainty over the length of facility closures at the Gulf […]

By Tom Polansek

Apr. 3, 2019 at 1:53 am CDT

MarketsFarm — Higher diesel prices are on the horizon for Canada and the U.S. in 2019. GasBuddy.com senior petroleum analyst Dan McTeague pointed to an increase in overall demand, combined with a slowdown in heavy oil production and the federal carbon tax as well as pending IMO 2020 regulations — […]

By Glen Hallick - MarketsFarm

Jan. 11, 2019 at 7:56 pm CST

CNS Canada — When considering the pattern of how grain is shipped by rail in Canada, it’s very unlikely increased oil shipments would interfere, according to Quorum Corp. “That’s largely because the flow of grain is predominantly to the West Coast and Thunder Bay,” said Quorum president Mark Hemmes. About […]

By Glen Hallick - MarketsFarm

Nov. 29, 2018 at 8:12 pm CST

CNS Canada — Canadian fertilizer prices are expected to increase as spring draws nearer, according to industry professionals. “The further you buy out from spring, the prices tend to be a little bit lower. In making your commitments early, prices tend to edge up as you get closer to spring,” […]

By Glen Hallick - MarketsFarm