markets Archives | Country Guide

ICE weekly outlook: Canola firm at midweek

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts have steadied after slipping slightly following Canada’s Thanksgiving long weekend, with nearby attention on speculations rolling positions out of the front month. The nearby November contract closed Wednesday at $526.10 per tonne, gaining slightly after incurring losses the day prior. Market participants adjusting positions ahead of the November contract’s […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Demand from China lifts prices

By Glen Hallick - MarketsFarm October 9, 2020

Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat have shot up over the last month, including a 76 cent per bushel jump for barley in Alberta, according to Prairie Ag Hotwire. In Saskatchewan, barley prices climbed 41 cents per bushel, while in Manitoba the rise has been much more subdued at nine cents. At present […] Read more

Canola, Crops, Markets

ICE weekly outlook: ‘Demand-pull’ environment supports canola

By Phil Franz-Warkentin - MarketsFarm October 7, 2020

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, moving back toward the contract highs hit in September. Canola is pushing upside chart limits and modest corrections are likely going forward, but the fundamentals remain supportive and “the trend is up until further notice,” said analyst Mike Jubinville of MarketsFarm Pro. […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola rebounds on U.S. futures support

By Glen Hallick - MarketsFarm September 30, 2020

Reading Time: 2 minutes MarketsFarm — After a week of steady losses canola prices surged back Wednesday, catching ample spillover support from the Chicago Board of Trade (CBOT). That support in turn was derived from two new reports from the U.S. Department of Agriculture (USDA). The report on grain stocks as of Sept. 1 noted declines in wheat, corn […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prairie grain prices on rise despite harvest

By Glen Hallick - MarketsFarm September 24, 2020

Reading Time: < 1 minute MarketsFarm — Feed barley and wheat prices in Western Canada have been showing some unusual strength in late September, with prices rising despite seasonal harvest pressure. “Right now we’ve been seeing a lot of talk about exports and the need for feed at feedlots,” said Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. […] Read more

Guide Business

Pandemic planning: Groundwork

What will Canada's food system look like as we roll toward 2021? And how will you be able to build on those changes to make the family farm more resilient, more sustainable, and a better business?

By Lorraine Stevenson September 3, 2020

Reading Time: 8 minutes Resilience has two halves. The part that automatically comes to mind is the way a truly resilient business can take a punch without shutting down. It can survive a bout of bad weather, bad markets, a black swan. But there’s something else too. It isn’t just that a resilient farm keeps breathing. It’s that a […] Read more

Crops, Markets, Pulses

Pulse weekly outlook: Chickpea market under pressure

Current crop up against disease issues

By Phil Franz-Warkentin - MarketsFarm August 5, 2020

Reading Time: 2 minutes MarketsFarm — Lost demand due to the COVID-19 pandemic is keeping pressure on the Canadian chickpea market, despite disease issues causing problems for nearly a third of the country’s crop, according to an industry source. After disease caused problems for chickpeas in some areas of southern Saskatchewan in 2019, the radius of the problem area […] Read more

Finishers, Livestock, Markets

Klassen: Strong demand underpins yearlings

By Jerry Klassen August 4, 2020

Reading Time: 2 minutes Compared to last week, yearlings traded steady to $4 higher on average; calves traded $2-$4 lower, although light volumes made the market hard to define. All eyes were on feeder cattle futures, which closed up nearly $4 for the week. This set the direction in Western Canada. Auction barns in Manitoba and Saskatchewan remain in […] Read more

Crops, Lentils, Markets

Pulse weekly outlook: Lentil prices off pandemic peak

By MarketsFarm July 8, 2020

Reading Time: < 1 minute MarketsFarm — Lentil prices received a bit of a bump earlier in the year from peak pandemic panic-buying, but have subsided in recent weeks. “At the beginning, a lot of people were buying, which led to a spike in prices,” explained Marcos Mosnaim of Globeways Canada in Mississauga. “That scarcity has come down a lot.” […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market searching for direction

Feedlots expecting barley prices to drop

By Jerry Klassen July 7, 2020

Reading Time: 2 minutes Western Canadian feeder cattle prices continue to trade in a sideways pattern. Compared to last week, prices were quoted $2-$3 on either side of unchanged. Most auction barns were on holidays last week and arenas that did hold sales experienced limited volumes. Therefore, the market was hard to define. U.S. feeder cattle markets were steady […] Read more

BMO regroups ag banking business

Viterra to replace western Saskatchewan elevator

U.S. livestock: Hog futures mixed, cattle drop

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