Insights and Stories on Markets

ICE weekly outlook: Canola trade’s focus on South America

Dec. 14, 2022 at 7:55 pm CST

MarketsFarm — ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, looking for some direction to push values one way or the other. “We’re just watching South American weather now,” said Jaimie Wilton, commodities futures specialist with RJ O’Brien in Winnipeg, pointing to the drought in Argentina […]

CBOT weekly outlook: South America’s dry weather affecting soy complex

Dec. 14, 2022 at 7:38 pm CST

By Adam Peleshaty

Pulse weekly outlook: Pea prices hold steady in weak market

Dec. 13, 2022 at 7:43 pm CST

By Glen Hallick - MarketsFarm

Feed weekly outlook: Wheat, barley eschewed for other grains

Dec. 8, 2022 at 7:41 pm CST

By Adam Peleshaty

ICE weekly outlook: Less canola to be exported

Dec. 7, 2022 at 6:56 pm CST

By Glen Hallick - MarketsFarm

Klassen: Feeder cattle market experiences diverse price behaviour

Dec. 6, 2022 at 7:25 pm CST

Compared to last week, western Canadian yearling markets traded steady to $2 higher while calf prices were unchanged to $4 lower. Yearling supplies are limited and there appeared to be a surge of buying interest for 850-lb. thin-fleshed replacements. Alberta fed cattle basis levels for the second quarter of 2023 […]

By Jerry Klassen

Prairie cash wheat: Bids drop with U.S. futures

Dec. 2, 2022 at 5:49 pm CST

MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday, as U.S. wheat futures posted losses — although softness in the Canadian dollar did provide some underlying support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3.50-$6.40 per […]

By Phil Franz-Warkentin

Feed weekly outlook: Looming corn imports to keep lid on Prairie barley

Dec. 1, 2022 at 6:36 pm CST

MarketsFarm — Large shipments of corn from the U.S., slated for delivery to Alberta’s feedlot alley, should keep domestic barley prices under pressure going forward, according to an analyst. “The barley price here will gradually decline,” said Errol Anderson of Pro Market Communications in Calgary, adding that up to 30 […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola still rangebound but upside possible

Nov. 30, 2022 at 7:26 pm CST

MarketsFarm — The ICE Futures canola market traded within a certain range for the week ended Wednesday, but one trader believes that wide crush margins will take prices over the psychological resistance level. Since nearly hitting the $900 per tonne mark on Nov. 15, the January canola contract declined for […]

By Adam Peleshaty

CBOT weekly outlook: Circumstances could mess with usual holiday lull

Nov. 30, 2022 at 6:34 pm CST

MarketsFarm — Usually at this time of year, the Chicago Board of Trade (CBOT) slips into its holiday lull, with most trading sticking to a sideways range, Scott Capinegro of Barrington Commodities said, suggesting that could change. “With such geo-political stuff going on and a possible railroad strike [in the […]

By Glen Hallick - MarketsFarm