Insights and Stories on Oil

Jan. 11, 2019 at 7:56 pm CST

CNS Canada — When considering the pattern of how grain is shipped by rail in Canada, it’s very unlikely increased oil shipments would interfere, according to Quorum Corp. “That’s largely because the flow of grain is predominantly to the West Coast and Thunder Bay,” said Quorum president Mark Hemmes. About […]

By Glen Hallick - MarketsFarm

Nov. 28, 2018 at 12:48 pm CST

Ottawa | Reuters — The Alberta government is in talks to buy rail cars to transport 120,000 barrels per day of crude oil and expects a deal to conclude within weeks, Premier Rachel Notley said Wednesday, as the province takes actions to move oil stuck in the region because of […]

By David Ljunggren

Nov. 23, 2018 at 6:16 pm CST

CNS Canada — For sunflowers it was a tough year that began with dry conditions at seeding time, then more dry weather in July and August, only to be topped off by a cold, wet fall. The quality of sunflowers, however, is said to be pretty good in Western Canada. […]

By Glen Hallick - MarketsFarm

Jul. 26, 2018 at 4:46 pm CDT

CNS Canada — Strong global demand and a looming North American harvest could send diesel prices higher in coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because […]

By Dave Sims

Jan. 31, 2018 at 5:29 pm CST

CNS Canada — ICE Futures Canada canola contracts remain stuck within a sideways trading range awaiting a spark that would push values one way or the other. “We could have had this conversation two months ago… canola is refusing to budge from a range,” analyst Mike Jubinville of ProFarmer Canada […]

By Phil Franz-Warkentin