Insights and Stories on Markets

Sep. 16, 2021 at 4:48 pm CDT

Statistics Canada on Tuesday released new model-based estimates for the country’s principal field crops, projecting “substantial” yield declines for most of the major crops grown in Canada, due mainly to drought conditions across much of Western Canada during much of the growing season. The previous Friday, the U.S. Department of […]

By Dave Bedard

Sep. 2, 2021 at 7:27 pm CDT

Corrected, Sept. 3 — MarketsFarm — Canadian oat prices should remain well supported over the next year given the smaller crop, but some demand will likely back away as buyers look for cheaper alternatives. While most of his customers were still taking delivery on existing contracts and not yet in […]

By Phil Franz-Warkentin

Sep. 1, 2021 at 4:36 pm CDT

MarketsFarm — If the October soyoil contract on the Chicago Board of Trade (CBOT) falls to 55 U.S. cents/lb., it’s likely ICE Futures canola will drop to around $850 per tonne, according to analyst Errol Anderson of ProMarket Communications in Calgary. ICE November canola closed Wednesday at $890.80 per tonne, […]

By Glen Hallick - MarketsFarm

Aug. 30, 2021 at 2:06 pm CDT

MarketsFarm — Production of most of Canada’s major grain, oilseed and pulse crops was down substantially in 2021-22, as drought conditions across the Prairies cut into yields, according to preliminary estimates released Monday by Statistics Canada. Of the major crops, only corn was expected to see a slight increase in […]

By Phil Franz-Warkentin

Aug. 19, 2021 at 1:33 pm CDT

MarketsFarm — New crop is starting to make its way into feed grain bins as the annual harvest gets underway in Alberta. However, due to the drought conditions which have enveloped Western Canada, yields will be much lower than normal. “(The yields are) generally lower than expected and (there’s been) […]

By Adam Peleshaty