Reading Time: 2 minutes Despite the volatility in U.S. corn futures, local Manitoba cash prices have been holding steady in recent weeks. Bids range from $6 to 6.25 per bushel across the province, which is about where they have been for a few months. It is interesting to note that corn futures gains do seem to be helping lift […] Read more
Market Insight: Man. corn values hold steady
Market Insight: Flax prices higher, stocks tight
Reading Time: 2 minutes Flax prices have been creeping higher for old- and new-crop positions lately, but remain highly variable from one buyer to the next. Bids at some delivery points have risen by about $1 per bushel from a few weeks ago, but a company down the road could still be $2/bu. lower. The spot market for flax […] Read more
Market Insight: Weather pressures U.S. corn
Reading Time: 2 minutes The U.S. corn market is starting the week with a negative tone, due to a slight improvement in the weather outlook. The five- to seven-day forecast shows dry conditions over most of the Corn Belt, which had previously experienced excess moisture delaying planting. Monday’s USDA crop progress report also delivered a bearish surprise, putting seeding […] Read more