Insights and Stories on New-crop

Jun. 13, 2019 at 6:01 pm CDT

MarketsFarm — Tight old-crop supplies are keeping oats prices well supported in Western Canada, although buyers are covered for the time being and waiting for a clearer picture on new-crop production. “It’s tough to find old-crop demand currently, as many larger-scale end-users are covered,” said Ryan McKnight of Linear Grain […]

By Phil Franz-Warkentin

May. 16, 2019 at 3:31 pm CDT

MarketsFarm — Feed grain prices have softened across the Prairies, as seeding is well under and many producers have the coverage they need until new crops begin to come off the field in August. Markets are fundamentally bearish right now, as farmers with enough coverage can wait until prices get […]

By Marlo Glass – MarketsFarm

May. 9, 2019 at 8:03 pm CDT

MarketsFarm — Tight old-crop supplies may be keeping nearby barley bids underpinned on the Prairies — but expectations for increased acres in 2019 mean new-crop bids are at a considerable discount. “It’s a tale of two markets right now,” said Glen Loyns, general manager of JGL Commodities at Moose Jaw, […]

By Phil Franz-Warkentin

Feb. 28, 2019 at 4:41 pm CST

Tightening feed barley supplies in Western Canada have end-users looking to alternatives, with cheaper U.S. corn imports likely to keep a lid on prices. “Barley stocks are tight, so the market is trying to ration the amount of barley being used and it’s doing a pretty good job of that,” […]

By Phil Franz-Warkentin

Feb. 27, 2019 at 7:27 pm CST

ICE canola futures fell to fresh contract lows during the week ended Wednesday and could be due for more losses with little supportive news on the horizon. “Unfortunately the technicals and fundamentals are tremendously bearish,” said analyst Wayne Palmer of Exceed Grain Marketing, adding “fresh contract lows breed fresh contract […]

By Phil Franz-Warkentin