Insights and Stories on Markets

Klassen: Feeder market shrugs off lower barley production

Sep. 4, 2023 at 11:26 pm CDT

Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. Prices for calves were also unchanged from average values seven days earlier. Calf markets are becoming more defined as volumes increase. There also appeared to be larger volume of high-quality yearlings available, which was a […]

U.S. grains: Wheat dips after earlier strength

Sep. 1, 2023 at 7:02 pm CDT

By Christopher Walljasper

Feed weekly outlook: Feed barley, wheat prices coming down

Aug. 31, 2023 at 6:42 pm CDT

By Adam Peleshaty

U.S. grains: Soybeans end month up on crop stress

Aug. 31, 2023 at 4:43 pm CDT

By Christopher Walljasper

U.S. grains: Soybeans dip, despite exports

Aug. 30, 2023 at 4:08 pm CDT

By Christopher Walljasper

ICE weekly outlook: Harvest pressure, farmer selling to guide canola

Aug. 30, 2023 at 3:46 pm CDT

MarketsFarm — Any fanfare from the long-awaited production estimates from Statistics Canada released on Tuesday was gone by the next day. ICE canola futures initially jumped by double digits that morning, but throughout that session the gains faded. By the end of Wednesday’s session, canola was down. “The StatCan report […]

By Glen Hallick - MarketsFarm

CBOT weekly outlook: Corn, wheat lower; soybeans move up

Aug. 30, 2023 at 3:24 pm CDT

MarketsFarm — Corn and wheat futures on the Chicago Board of Trade (CBOT) were on the decline during the week ended Wednesday, but those for soybeans were going in the opposite direction until hitting resistance. The December corn contract ended the week 9.75 cents per bushel lower at $4.8075 per […]

By Adam Peleshaty

U.S. grains: Soybeans dip after data shows crop less damaged than feared

Aug. 29, 2023 at 5:56 pm CDT

Chicago | Reuters — Chicago soybean and corn prices retreated on Tuesday following U.S. government data showing a smaller-than-expected decline in crop conditions than what many analysts had expected. Wheat hit a two-week low as sluggish demand for U.S. supplies and competition from cheap Russian grain limited the upside in […]

By Christopher Walljasper

Klassen: Calf numbers down in Western Canada

Aug. 29, 2023 at 5:21 am CDT

Compared to last week, western Canadian yearling markets were relatively unchanged. Yearlings straight off grass were very well bid and prices held value. Yearlings over 800 lbs. on light grain ration were quoted $15-$20 discount to those cattle coming straight off pasture. We’re seeing heavier calves around 800 lbs. trade […]

By Jerry Klassen

U.S. grains: Corn, soybeans climb as U.S. crop concerns grow

Aug. 28, 2023 at 4:42 pm CDT

Chicago | Reuters — Chicago soybeans and corn climbed on Monday after a U.S. farm survey predicted smaller crop production than government forecasts due to hot, dry conditions across the U.S. Midwest. Wheat dipped on weak demand for U.S. crops, coupled with competition from cheap Russian supplies. Chicago Board of […]

By Christopher Walljasper