Insights and Stories on Markets

Feb. 16, 2022 at 7:59 pm CST

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday before uncovering some support, as the commodity remained stuck in a range after trending higher for most of the past year. “Canola is caught in a rangebound, consolidation phase,” said MarketsFarm Pro analyst Mike Jubinville. The relative […]

By Phil Franz-Warkentin

Feb. 16, 2022 at 7:10 pm CST

MarketsFarm — Conflicting reports and accounts from the ongoing geopolitical tensions between Russia and Ukraine have had an effect on the markets, especially on the Chicago Board of Trade (CBOT), over the past week. The March Chicago wheat contract had ranged from $7.65 to $8.15 per bushel during the week, […]

By Adam Peleshaty

Feb. 15, 2022 at 2:02 pm CST

MarketsFarm — Although prices for chickpeas have pulled back somewhat over the last month, Colin Young of Midwest Grain at Moose Jaw, Sask. emphasized the market has not turned bad in any manner. “It’s just the level of expectation we had, given the rise in prices of other commodities. Given […]

By Glen Hallick - MarketsFarm

Feb. 15, 2022 at 1:50 pm CST

Reuters — Burger King parent Restaurant Brands International said on Tuesday that it stripped its most famous sandwich, the Whopper, from discount menus and will raise menu prices again this year as to offset higher costs. U.S.-listed shares of the company rose more than three per cent after it topped […]

By Deborah Mary Sophia, Hilary Russ

Feb. 15, 2022 at 1:18 am CST

Compared to last week, western Canadian yearling prices were unchanged to $4 higher. Mid-weight feeders from 660 to 750 pounds traded $2 to as much as $6 higher on average. Feeder cattle in the 550- to 650-lb. range traded $4 to as much as $10 higher. Feeder cattle under 550 […]

By Jerry Klassen