Insights and Stories on Markets

Jan. 29, 2020 at 5:26 pm CST

MarketsFarm — Canola prices started the week plagued by reports of the rapidly-spreading coronavirus in China, but managed to shake off some of that resistance. At midweek, nearby ICE Futures canola contracts were between $461 and $470, after falling by over $8 on Monday. Crush margins have maintained strength, which […]

By Marlo Glass – MarketsFarm

Jan. 8, 2020 at 6:47 pm CST

MarketsFarm — Canola was “well supported” at midweek, bolstered by strength in comparable vegetable oils and relative weakness in the Canadian dollar. Chicago soy was underpinned by strong export demand and the expectation that the U.S. and China will sign Phase One of their trade deal next week. However, with […]

By Marlo Glass – MarketsFarm

Nov. 14, 2019 at 8:56 pm CST

MarketsFarm — A seemingly never-ending harvest across the Prairies has been responsible for a $10-$15 per tonne jump this month in feed grain prices, said Glen Loyns, general manager of JGL Commodities in Moose Jaw. “It’s probably gone up $5 this week,” Loyns said. This year’s extended harvest, coupled with […]

By Glen Hallick - MarketsFarm

Nov. 8, 2019 at 5:08 pm CST

MarketsFarm – Wheat bids in Western Canada were mixed during the week ended Nov. 7, with a steady to lower tone in Canada Western Red Spring Wheat as a downtrend in the Minneapolis future weighed on values. However, the Chicago and Kansas City winter wheat contracts trended higher, which underpinned […]

By Phil Franz-Warkentin

Nov. 8, 2019 at 5:03 pm CST

MarketsFarm – Commodity fund traders added to their net short positions in canola and corn over the past week, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). Managed money traders were also on the sell side in soybeans, reducing […]

By Phil Franz-Warkentin