Insights and Stories on Markets

Feed weekly outlook: Feedlots booking for winter underpin bids

Oct. 22, 2020 at 3:34 pm CDT

MarketsFarm — Feed grain prices have been strong following Western Canada’s harvest, as feedlots ensure they’re covered heading into the winter. “Last week there was some buying in the deferred months, from January onward,” Allen Pirness of Market Place Commodities at Lacombe, Alta. said. Pirness said the strong prices were […]

Klassen: Weather, COVID, feed grains pressure feeder market

Oct. 20, 2020 at 7:21 pm CDT

By Jerry Klassen

ICE weekly outlook: Canola firm at midweek

Oct. 14, 2020 at 7:42 pm CDT

By Marlo Glass – MarketsFarm

Feed weekly outlook: Demand from China lifts prices

Oct. 8, 2020 at 7:43 pm CDT

By Glen Hallick - MarketsFarm

ICE weekly outlook: ‘Demand-pull’ environment supports canola

Oct. 7, 2020 at 6:10 pm CDT

By Phil Franz-Warkentin

Klassen: Rising feed grains pressure feeder market

Oct. 6, 2020 at 2:03 am CDT

Compared to last week, western Canadian yearling markets traded $3-$6 lower with some reports showing prices as much as $10 lower. Calves traded $2-$4 below week-ago levels; however, the market will be more defined next week, with many auction barns scheduling feature calf sales in the major feeding areas of […]

By Jerry Klassen

U.S. livestock: Cattle futures sag on fears for economy, beef demand

Oct. 2, 2020 at 6:10 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Friday, following as global financial markets fell after U.S. President Donald Trump tested positive for the coronavirus, adding to investor uncertainty. Disappointing U.S. job growth numbers heightened worries about consumer demand for beef, at a time […]

By Julie Ingwersen

ICE weekly outlook: Canola rebounds on U.S. futures support

Sep. 30, 2020 at 5:40 pm CDT

MarketsFarm — After a week of steady losses canola prices surged back Wednesday, catching ample spillover support from the Chicago Board of Trade (CBOT). That support in turn was derived from two new reports from the U.S. Department of Agriculture (USDA). The report on grain stocks as of Sept. 1 […]

By Glen Hallick - MarketsFarm

Feed weekly outlook: Prairie grain prices on rise despite harvest

Sep. 24, 2020 at 12:02 pm CDT

MarketsFarm — Feed barley and wheat prices in Western Canada have been showing some unusual strength in late September, with prices rising despite seasonal harvest pressure. “Right now we’ve been seeing a lot of talk about exports and the need for feed at feedlots,” said Erin Harakal, senior trader at […]

By Glen Hallick - MarketsFarm

Oats values hold steady at harvest

Sep. 23, 2020 at 1:15 am CDT

MarketsFarm — The oats market in Western Canada is holding relatively steady despite seasonal harvest pressure, although yields failed to live up to earlier expectations. “Steady at harvest time is good,” said Scott Shiels, grain procurement merchant with Grain Millers in Yorkton. Prices often dip at harvest time due to […]

By Phil Franz-Warkentin