Insights and Stories on Markets

Pulse weekly outlook: Activity to ramp up for chickpeas

Oct. 24, 2023 at 5:39 pm CDT

MarketsFarm — Things are quiet right now on the chickpea front, but that could change in a few weeks, according to Jake Hansen of Mid-West Grain in Moose Jaw. “I think everyone’s getting prepped and ready for Argentina’s harvest, but it’s quiet,” he said. “There’s still movement on previous contracts, […]

U.S. grains: Corn dips on harvests, technical selling

Oct. 24, 2023 at 4:26 pm CDT

By Tom Polansek

Klassen: Feeder market vulnerable to weakness

Oct. 24, 2023 at 9:57 am CDT

By Jerry Klassen

U.S. grains: Soybean, corn futures weaken as harvests progress

Oct. 23, 2023 at 6:19 pm CDT

By Tom Polansek

U.S. grains: Corn drops back below US$5

Oct. 20, 2023 at 7:11 pm CDT

By Tom Polansek

U.S. grains: Corn futures rally to August high

Oct. 19, 2023 at 4:53 pm CDT

Chicago | Reuters — U.S. corn futures rallied above US$5 a bushel to their highest level since August on Thursday, while soybean futures touched a four-week high. The gains came as farmers are in the middle of harvesting their crops, a time when the influx of fresh supplies normally pressures […]

By Tom Polansek

ICE weekly outlook: Upside seen for canola prices

Oct. 18, 2023 at 8:22 pm CDT

MarketsFarm — Early gains were followed by late losses on ICE Futures’ canola market during the week ended Wednesday. The November canola contract began the week at $704.60 per tonne before rising up to $725.80/tonne on Monday, then ending the week at $711.70. The January contract went in similar directions, […]

By Adam Peleshaty

CBOT weekly outlook: Corn rangebound, soybeans rising, wheat erratic

Oct. 18, 2023 at 8:09 pm CDT

MarketsFarm — While soybean futures at the Chicago Board of Trade have moved higher over the past week, corn was rangebound and wheat lacked any clear direction in choppy trade, making it hard to predict where values may go from here, according to Scott Capinegro of Barrington Commodities in Barrington, […]

By Glen Hallick - MarketsFarm

U.S. grains: Wheat firms on bargain buying, corn follows suit

Oct. 18, 2023 at 6:49 pm CDT

Chicago | Reuters — Chicago wheat futures rose for the first time in three sessions on bargain buying on Wednesday, with corn futures following, traders said. Wheat futures also gained a mid-session boost on rekindled market speculation that India, a leading wheat producer, may be tight on supplies. India raised […]

By P.J. Huffstutter

Klassen: Ontario demand sets the price structure for calves

Oct. 18, 2023 at 3:12 pm CDT

For the week ending Oct. 14, western Canadian yearling prices were steady to $4 higher compared to a week earlier. Calves in the range of 500 to 800 pounds traded $4-$6 lower in Alberta. However, in eastern Saskatchewan and in Manitoba, calves in this weight category were relatively unchanged compared […]

By Jerry Klassen