Insights and Stories on Seeding

Mar. 24, 2021 at 7:40 pm CDT

MarketsFarm — Chicago Board of Trade (CBOT) market participants are awaiting next week’s prospective plantings report from the U.S. Department of Agriculture (USDA), due out March 31. Ahead of the report, average trade estimates predict 93 million acres of corn, 90 million acres of soybeans and 46 million acres of […]

By Adam Peleshaty

Mar. 18, 2021 at 7:13 pm CDT

MarketsFarm — Increased demand, both domestically and overseas, has caused the price of oats grown in Western Canada to rise compared to last year. And so far, seeding projections and rising prices for other crops suggest the market for oats won’t go down anytime soon. According to Prairie Ag Hotwire […]

By Adam Peleshaty

Feb. 24, 2021 at 8:21 pm CST

MarketsFarm — During the fall of 2020, canary seed crossed above the 30 cents per pound mark — where it’s currently staying. And those who work with the crop expect its price to remain above that mark this year. David Nobbs, pulse merchant for Purely Canada Foods at Saskatoon and […]

By Adam Peleshaty

Feb. 12, 2021 at 8:26 pm CST

MarketsFarm — Expect fertilizer prices to resume increasing, despite having fallen back recently. Prices began their sharp rise around the middle of December and beginning of January. “They will go higher as demand goes up at seeding time,” Mike Jubinville of MarketsFarm Pro in Winnipeg said. Jubinville reported urea prices […]

By Glen Hallick - MarketsFarm

Oct. 21, 2020 at 2:46 pm CDT

MarketsFarm — Strong global demand, paired with concerns of dry growing conditions in key regions, has spurred U.S. wheat prices higher. “Some countries are getting nervous with the persistent dryness in several regions, which could reduce the supply of quality global wheat,” said Terry Reilly of Futures International in Chicago. […]

By Marlo Glass – MarketsFarm