Insights and Stories on Markets

Manitoba sunflowers doing well with fewer acres

Jul. 10, 2023 at 3:42 pm CDT

MarketsFarm — Despite fewer acres under hot and dry conditions, things are going well for Manitoba’s sunflower crop. Out of the 88,000 acres planted for sunflowers across Canada, 77,000 of them are in Manitoba, according to Statistics Canada’s (StatCan) principal field crop acreage estimates released June 28. Both figures represent […]

U.S. grains: Soybeans, corn drop on improved crop weather

Jul. 7, 2023 at 3:03 pm CDT

By Karl Plume

U.S. acres surprise, Prairie acres parched

Jul. 7, 2023 at 2:43 pm CDT

U.S. grains: Corn firms on technicals, short-covering

Jul. 6, 2023 at 6:27 pm CDT

By Karl Plume

Feed weekly outlook: Falling corn prices not spurring new demand

Jul. 6, 2023 at 4:36 pm CDT

By Adam Peleshaty

ICE weekly outlook: Canola makes huge move

Jul. 5, 2023 at 7:34 pm CDT

MarketsFarm — Canola came out of Canada Day continuing to build on gains made going into the holiday, largely due to spillover from the Chicago soy complex. The U.S. Department of Agriculture last Friday released its planted acres report, which saw soybeans lose four million acres from the 87.5 million […]

By Glen Hallick - MarketsFarm

U.S. grains: Wheat surges on slow harvesting, poor crop conditions

Jul. 5, 2023 at 5:37 pm CDT

Chicago | Reuters — U.S. wheat futures surged on Wednesday as slow winter wheat harvesting and deteriorating spring crop conditions fuelled buying and short covering that lifted prices from 2-1/2-week lows. The wheat rally pulled corn up from 2-1/2-year lows despite expanded plantings and recent rains that lessened concerns about […]

By Karl Plume

Klassen: U.S. feeder markets pull Canadian values higher

Jul. 3, 2023 at 7:42 pm CDT

For the week ending July 1, western Canadian feeder markets traded $2-$5/cwt higher compared to seven days earlier. Quality groups of yearlings were up $8-$10/cwt from a week earlier. South of the border, major markets in Oklahoma had feeder steers and heifers trading US$5-$10/cwt above week-ago levels. The Canadian market […]

By Jerry Klassen

U.S. grains: Soybeans rally on supply worries

Jul. 3, 2023 at 5:28 pm CDT

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures on Monday rallied for a second consecutive session, following a shockingly low plantings estimate from the U.S. Department of Agriculture (USDA) on Friday. Corn futures eased at the start of this holiday-shortened week, remaining at a 2-1/2 year low, […]

By P.J. Huffstutter

U.S. grains: Soy soars after USDA slashes plantings estimate

Jun. 30, 2023 at 7:28 pm CDT

Chicago | Reuters — U.S. soybean futures surged about six per cent on Friday after the U.S. Department of Agriculture (USDA) reported much lower-than-expected 2023 soy plantings and June 1 inventories, while corn futures tumbled on larger-than-expected acreage. Wheat futures fell in sympathy with corn, despite a smaller-than-expected quarterly wheat […]

By Julie Ingwersen