Insights and Stories on Markets

Prairie cash wheat: Bids dip as loonie soars

Jan. 15, 2023 at 7:53 am CST

MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday as a sharp gain in the Canadian dollar relative to its U.S. counterpart cut into basis levels. The currency was up by roughly a penny on the week, settling Thursday at its highest level in […]

Oats face an uncertain year

Jan. 13, 2023 at 4:09 am CST

By Adam Peleshaty

ICE weekly outlook: Canola likely rangebound until spring

Jan. 11, 2023 at 7:03 pm CST

By Glen Hallick - MarketsFarm

Feed weekly outlook: Corn imports still weigh on domestic feed market

Jan. 11, 2023 at 2:14 pm CST

By Phil Franz-Warkentin

Pulse weekly outlook: New-crop green lentil bids in line with year ago

Jan. 10, 2023 at 6:12 pm CST

By Phil Franz-Warkentin

Mintec acquires Agribriefing to expand agrifood data offering

Jan. 10, 2023 at 4:22 pm CST

Paris | Reuters — British market intelligence firm Mintec announced on Tuesday the acquisition of Agribriefing in a deal it said would create a leading global provider of data on agricultural and food markets. Financial details were not disclosed. Agribriefing’s businesses include protein price-reporting agency Urner Barry and crop consultancy […]

By Reuters

Klassen: Feeder market looks upward

Jan. 10, 2023 at 2:24 am CST

Western Canadian feeder cattle prices were quite variable. Compared to three weeks ago, Alberta prices were steady to $2/cwt higher while in Saskatchewan, prices were $8-$10/cwt higher on average with lighter-weight cattle jumping as much as $15. For example, in central Alberta, higher-quality 800-lb. steers were trading from $230 to […]

By Jerry Klassen

Feed weekly outlook: Little price movement for feed grains

Jan. 5, 2023 at 6:05 pm CST

MarketsFarm — With the holiday season come and gone, feed grain buyers were getting back into the swing of things at the start of 2023, according to one trader. “I think January will probably fill up pretty quickly as we’re in the first week of January and we’ve been booked […]

By Adam Peleshaty

ICE weekly outlook: Sideways canola market watching macros

Jan. 4, 2023 at 8:20 pm CST

MarketsFarm — ICE Futures canola contracts remain stuck in a sideways trading range to start the New Year, with bearish outside forces countered by relatively supportive fundamentals. From a chart standpoint, March canola is stuck in a sideways range between $800 and $900, with little to suggest a break one […]

By Phil Franz-Warkentin

CBOT weekly outlook: USDA ‘data dump’ due next week

Jan. 4, 2023 at 8:09 pm CST

MarketsFarm — A flurry of reports is coming from the U.S. Department of Agriculture (USDA) on Jan. 12, including its monthly supply and demand estimates, quarterly grains stocks report and winter wheat planting report, among others. Futures International analyst Terry Reilly said the multitude of the reports coming out that […]

By Glen Hallick - MarketsFarm