Insights and Stories on MarketsFarm

Jul. 12, 2023 at 3:51 pm CDT

MarketsFarm — The ICE Futures canola market moved steadily higher during the week ended Wednesday, hitting its strongest levels in more than four months as bullish chart signals and production uncertainty across the Prairies provided support. A bearish reaction in the Chicago soy complex to the latest supply/demand estimates (WASDE) […]

By Phil Franz-Warkentin

Jul. 7, 2023 at 2:43 pm CDT

New acreage estimates for this year are now out from both Statistics Canada and the U.S. Department of Agriculture, surprising Chicago corn and soybean traders, less so for Canadian canola and wheat market observers. Glacier FarmMedia’s Gord Gilmour and MarketsFarm weather and crops specialist Bruce Burnett discuss those estimates — […]

Apr. 17, 2023 at 8:24 pm CDT

It’s a variable soil moisture picture on the Prairies as seeding season draws nearer. The east has enough moisture — and in some cases too much. And it gets progressively drier toward the west, with portions of Alberta nearing critical condition, according to one weather watcher. Bruce Burnett, weather and […]

By Gord Gilmour

Nov. 4, 2022 at 3:16 pm CDT

MarketsFarm – China was the main destination for Canadian wheat through the first two months of the 2022/23 (Aug/Jul) marketing year, according to the latest trade data from Statistics Canada. Canada exported 534,000 tonnes of wheat to China in August and September, accounting for about 20 per cent of Canada’s […]

By Phil Franz-Warkentin

Nov. 3, 2022 at 9:27 am CDT

The average oil content of Canada’s canola crop edged higher in 2022 compared to the previous year, according to preliminary data from the Canadian Grain Commission released Nov. 1. Oil content for number one quality canola across Western Canada ranged from 34.9 to 49.2 per cent, with the average coming […]

By MarketsFarm