Insights and Stories on Prices

Feed weekly outlook: Rally likely to end soon

Jan. 30, 2020 at 5:32 pm CST

MarketsFarm — After a bit of a rally for feed grain prices over the last three to four weeks, the feedlots are on the full side, said Brandon Motz of CorNine Commodities at Lacombe, Alta. “That normally means we back off a little bit,” he said, noting there hasn’t been […]

Feed weekly outlook: Temperatures rise, Prairie bids cool down

Jan. 24, 2020 at 1:18 am CST

By Phil Franz-Warkentin

Flax prices likely to remain flat

Jan. 21, 2020 at 12:47 pm CST

By Glen Hallick - MarketsFarm

Tighter supplies, solid demand underpin durum bids

Jan. 20, 2020 at 4:32 pm CST

By Phil Franz-Warkentin

Feed weekly outlook: Best not to wait to sell

Jan. 16, 2020 at 2:04 pm CST

By Glen Hallick - MarketsFarm

ICE weekly outlook: Canola stronger at midweek

Jan. 8, 2020 at 6:47 pm CST

MarketsFarm — Canola was “well supported” at midweek, bolstered by strength in comparable vegetable oils and relative weakness in the Canadian dollar. Chicago soy was underpinned by strong export demand and the expectation that the U.S. and China will sign Phase One of their trade deal next week. However, with […]

By Marlo Glass – MarketsFarm

Klassen: Fed cattle market underpins feeder cattle prices

Jan. 7, 2020 at 7:29 pm CST

Alberta packers were buying fed cattle on a dressed basis at an average price of $275 delivered, which equates to $165 on a live basis. Fed cattle prices are now at 52-week highs and feeding margins are in the range of $50 to $70 per head. Strength in the cash […]

By Jerry Klassen

Prairie cash wheat: Bids rise over holidays

Jan. 3, 2020 at 9:53 pm CST

MarketsFarm — Hard red spring wheat bids in Western Canada posted solid gains during the two-week holiday period ended Thursday, as gains in U.S. futures more than made up for the bearish influence of the rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices […]

By Phil Franz-Warkentin

Feed weekly outlook: Steady now but supplies will weigh

Jan. 3, 2020 at 8:37 pm CST

MarketsFarm — Recent strength in U.S. wheat futures may be lending some spillover support to Canadian feed grain bids, but large supplies and a lack of aggressive demand kept the market steady heading into the New Year. The rise in wheat futures “has made the farmer a more reluctant seller,” […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola could break out of range

Jan. 2, 2020 at 4:15 pm CST

MarketsFarm — With canola now near the top end of its range, prices could break out of being rangebound in the next several days, according to an analyst. Canola has made gains over the last month or so, largely due to spillover from increasing prices for soyoil on the Chicago […]

By Glen Hallick - MarketsFarm