Producers with early contracts received good prices, especially for organic crops such as oats and flax. Photo: File/Greg Berg

Oats swinging higher, but rangebound

Futures no longer connected to cash market

Reading Time: 2 minutes As oat futures fluctuate on the Chicago Board of Trade, they remain rangebound, said Progressive Ag analyst Tom Lilja in Fargo, N.D. However, to Scott Shiels of Grain Millers Canada in Yorkton, Sask. there’s a disconnect between those futures and cash prices for oats.






Damage is seen from a rain-wrapped tornado at Cole, Okla., just south of Oklahoma City, on April 19, 2023, in a screengrab from a social media video. (Photo: Hans Duran video screengrab via Reuters)

Spring weather to dominate first half of March

Large parts of Argentina, Brazil to be dry

Reading Time: 2 minutes Be it the Canadian Prairies or the United States Midwest, spring-like weather is on its way for the first couple of weeks of March, said Drew Lerner, president and chief agricultural meteorologist for World Weather Inc. in Overland, Kan. Meanwhile, the dryness that has dominated parts of Argentina and Brazil is likely to continue for the next several weeks.




(Photo courtesy Canada Beef Inc.)

Feed Grains Weekly: Overbooked end-users worried about tariffs on Canadian beef

Feed wheat, U.S. corn too expensive

Reading Time: 2 minutes There won't be a whole lot of movement of feed grains on the Canadian Prairies any time soon, stated Darcy Haley, vice-president of Ag Value Brokers in Lethbridge. He said not only are the end-users overbooked, but the relentless uncertainty over tariffs continues to dominate the cattle industry across Western Canada.



“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg

ICE Canada Weekly: Canola set to climb higher

Supplies getting tighter

Reading Time: 2 minutes Canola has been on something of a tear for about a month with increases in 16 of its last 20 sessions on the Intercontinental Exchange as of Feb. 12. Despite a great amount of political chaos surrounding all of the markets, the Canadian oilseed is poised to climb higher for the rest of February, said broker Tony Tryhuk of RBC Dominion Securities in Winnipeg, Man.