Insights and Stories on Markets

May. 18, 2022 at 6:45 pm CDT

MarketsFarm — The highs may be in for old-crop canola contracts on the ICE Futures platform, with attention in the market turning to the new crop. “I think the market has probably defined the upside potential and the acute demand rationing that needed to occur is done,” said Jerry Klassen, […]

By Phil Franz-Warkentin

May. 17, 2022 at 5:33 pm CDT

Compared to last week, western Canadian yearlings markets traded $2-$4 higher on average; feeder cattle in the 600- to 800-pound weight category were up $3 to as much as $6 while calves under 600 lbs. traded $4-$8 higher. The Canadian dollar strengthened on Friday but the softer tone from Monday […]

By Jerry Klassen

May. 14, 2022 at 10:51 pm CDT

Mumbai | Reuters — India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already issued letters of credit and […]

By Mayank Bhardwaj, Nigam Prusty, rajendra-jadhav

May. 11, 2022 at 8:19 pm CDT

MarketsFarm — Wet conditions throughout much of the eastern half of the Canadian Prairies continued to delay spring planting this week. Meanwhile, the western half of the region remained mired in drought and in need of rain to help recently-seeded crops get off to a good start. “Get it in […]

By Glen Hallick - MarketsFarm

May. 11, 2022 at 1:07 pm CDT

MarketsFarm — Tightening worldwide chickpea supplies could bode well for prices later this year, although Canadian acres will likely be down and there’s still a long growing season ahead. Canadian farmers intend to seed 175,200 acres of chickpeas in 2022, which would be down 5.5 per cent from the previous […]

By Phil Franz-Warkentin