Insights and Stories on Prices

Pulse weekly outlook: Chickpea acres ‘sharply’ down

May. 12, 2021 at 5:34 pm CDT

MarketsFarm — Despite prices higher than last year’s, Canada’s chickpea acres are expected to decline this year and, in turn, will result in less production in the 2021-22 crop year. High-delivered bids for Kabuli chickpeas, the type most commonly grown in Canada, run from 25 to 35 cents/lb., three to […]

U.S. livestock: CME live cattle extend rally as beef prices climb

May. 11, 2021 at 7:15 pm CDT

By Julie Ingwersen

U.S. grains: Soy futures top $16 for first time since 2012

May. 11, 2021 at 6:55 pm CDT

By Julie Ingwersen

U.S. livestock: CME cattle gain as demand remains strong

May. 10, 2021 at 5:05 pm CDT

By Christopher Walljasper

U.S. grains: Corn, soy, wheat dip ahead of WASDE

May. 10, 2021 at 4:11 pm CDT

By Christopher Walljasper

U.S. livestock: CME cattle futures up on beef prices, demand

May. 7, 2021 at 8:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Friday on strong beef prices and demand for red meat that also catapulted margins for beef processors. Meat demand is high as federal stimulus checks have increased incomes and prompted consumers to spend more at supermarkets and restaurants, analysts […]

By Tom Polansek

Feed weekly outlook: Drought, demand deplete southern Alberta stocks

May. 6, 2021 at 7:53 pm CDT

MarketsFarm — Prices for feed grains are continuing to go up — and with depleted stocks and dry conditions forecast for the Prairies, they are likely to rise a bit more. “There’s a shortage of corn. Corn’s at over $400 (per tonne) in southern Alberta. You’ve got barley that’s pushing […]

By Adam Peleshaty

ICE weekly outlook: Canola’s uptrend intact for now

May. 5, 2021 at 10:00 pm CDT

MarketsFarm — The ICE Futures canola market continued its months-long upward trajectory during the week ended Wednesday, hitting fresh contract highs in many months as tight old-crop supplies and weather uncertainty for the new crop kept speculators on the buy side. While selling was starting to come forward to temper […]

By Phil Franz-Warkentin

U.S. livestock: Hogs rally again on pork prices, supply woes

May. 5, 2021 at 8:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures extended a sharp rally on Wednesday, touching contract highs for the fourth consecutive day on limited supplies and strong pork prices. U.S. pork demand is strong as sales have benefited after households received additional COVID-19 pandemic relief money from the […]

By Tom Polansek

New Nutrien CEO to carry out current strategy

May. 4, 2021 at 7:37 pm CDT

Winnipeg | Reuters — Canadian fertilizer and farm dealer Nutrien will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new CEO Mayo Schmidt said Tuesday. Surging prices of corn, soybeans and canola have given North American farmers more incentive to spend on […]

By Rod Nickel