Insights and Stories on Markets

Feed weekly outlook: Market steady in face of harvest, U.S. corn imports

Aug. 17, 2023 at 5:01 pm CDT

MarketsFarm — The feed grain market in Western Canada is holding reasonably steady as harvest operations progress and corn imports continue to come up from the United States. Anecdotal harvest reports were varied so far, with surprisingly positive results from some growers and others who missed out on showers ending […]

U.S. grains: Soybeans advance on hot, dry forecast

Aug. 17, 2023 at 4:11 pm CDT

By Tom Polansek

ICE weekly outlook: Canola enters volatile harvest period

Aug. 16, 2023 at 4:05 pm CDT

By Phil Franz-Warkentin

CBOT weekly outlook: Wheat, corn likely to trend downward

Aug. 16, 2023 at 3:33 pm CDT

By Glen Hallick - MarketsFarm

U.S. grains: Corn up off low on weather, Black Sea tensions

Aug. 16, 2023 at 2:53 pm CDT

By Tom Polansek

Pulse weekly outlook: Chickpea market neither bullish nor bearish

Aug. 15, 2023 at 4:27 pm CDT

MarketsFarm — Hot and dry growing conditions earlier in the growing season cut into Canada’s chickpea yields in 2023-24, but quality should be good if the weather co-operates through the harvest. Canadian farmers planted 315,600 acres of chickpeas in 2023, which was well above the 233,800 acres seeded the previous […]

By Phil Franz-Warkentin

U.S. grains: Corn futures touch 2020 low on improved crop ratings

Aug. 15, 2023 at 4:03 pm CDT

Chicago | Reuters — Chicago Board of Trade corn futures tumbled on Tuesday to their lowest level since 2020 after a weekly report from the U.S. government showed better-than-expected crop conditions. Soybean futures also slid on improved U.S. crop ratings, while wheat reached its lowest level in more than two […]

By Tom Polansek

Klassen: Feeder market consolidates

Aug. 15, 2023 at 4:32 am CDT

Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. The steam appears to be coming off the market as larger volumes become available. Pastures have basically dried up in many areas of Western Canada, which has spurred on producer selling. The calf market was […]

By Jerry Klassen

U.S. grains: Wheat down as traders shrug off Russian warning shots

Aug. 14, 2023 at 3:46 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures set a two-month low on Monday on increasing estimates for Russia’s production and exports, analysts said, shrugging off a Russian warship firing warning shots at a cargo ship on its way to Ukraine. Corn futures finished near unchanged after matching […]

By Tom Polansek

U.S. grains: Soybean, grains futures drop as traders shed risk

Aug. 11, 2023 at 7:36 pm CDT

Chicago | Reuters — Chicago soybean and grain futures turned lower on Friday as improving growing weather led investors to anticipate that U.S. Midwest crop conditions will improve, traders said. Corn and soybean futures had a particularly choppy trading session as a flurry of bearish signs prompted investors to shed […]

By P.J. Huffstutter