prices Archives | Country Guide

MGEX May 2021 wheat (candlesticks) with K.C. May 2021 wheat (yellow line) and CBOT May 2021 wheat (green line). (Barchart)

Crops, Markets, Spring Wheat, Winter Wheat

Spring wheat slowly regains premiums

Reading Time: 2 minutes MarketsFarm — Nearby Minneapolis spring wheat contracts have historically traded at a premium compared to their Chicago and Kansas City soft wheat counterparts. And after a winter during which that premium had all but disappeared, spring wheat has so far made gains in 2021. Since the start of the year, both spring wheat contracts have […] Read more

Crops, Lentils, Markets

Pulse weekly outlook: Lentil values mainly steady

'There’s no fire in the lentil belly, that’s for sure'

By Glen Hallick - MarketsFarm April 6, 2021

Reading Time: 2 minutes MarketsFarm — There hasn’t been much change in lentil prices over the last week and at least one marketer expects there likely won’t be any when it comes to the amount of lentils that Canadian farmers plant in 2021. “[Lentil prices] are just softer than what they were. There’s no fire in the lentil belly, […] Read more

Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices dropping off over past month

By Adam Peleshaty April 1, 2021

Reading Time: < 1 minute MarketsFarm — While prices for Canadian feed grains are quite higher than they were a year ago, high-delivered bids for feed grains have seen a slight drop-off over the past month. “Demand has just fallen off a little bit,” Glen Loyns, general manager of JGL Commodities at Moose Jaw, said. “Farmers are either getting down […] Read more

Production is being fine-tuned at Roquette’s pea processing plant near Portage la Prairie. (Photo courtesy Roquette Canada)

Crops, Markets, Peas

Pulse weekly outlook: Roquette pea plant readying for full operation

By Glen Hallick - MarketsFarm March 26, 2021

Reading Time: 2 minutes MarketsFarm — Operations at the Roquette pea processing plant just west of Portage la Prairie, Man. have been underway since the end of 2020, according to Michelle Finley of Roquette Canada. The company is working toward full operation at the world’s largest pea plant by early 2022, she said. “To date we have picked up […] Read more

Barley, Crops, Markets

Feed weekly outlook: Prices to remain strong in spring

By Adam Peleshaty March 25, 2021

Reading Time: 2 minutes MarketsFarm — Higher prices for feed grains in Western Canada are expected to stay that way, according to a trader in Alberta. Erin Harakal, senior trader for Agfinity at Stony Plain, Alta., said factors such as increased demand overseas and depleted domestic stocks will continue to keep prices elevated for feed grains. While she doesn’t […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Wheat stocks should limit barley’s further upside

By Phil Franz-Warkentin - MarketsFarm March 19, 2021

Reading Time: 2 minutes MarketsFarm — Feed barley bids in Western Canada remain strong, although ample wheat supplies should limit the upside heading into the new growing season. Feed barley in the Lethbridge region of southern Alberta is currently trading at around $305-$310 per tonne, according to Jim Beusekom of Market Place Commodities. Prices for delivery later in the […] Read more

Oats. (Doug Wilson photo courtesy ARS/USDA)

Crops, Markets, Oats

Oats riding high with other crops

By Adam Peleshaty March 19, 2021

Reading Time: 2 minutes 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 data from Wednesday, high-delivered bids […] Read more

Yellow peas. (Victoria Popova/iStock/Getty Images)

Crops, Markets, Peas, Pulses

Pulse weekly outlook: Yellow pea demand continues to rise

By Adam Peleshaty March 18, 2021

Reading Time: 2 minutes MarketsFarm — This St. Patrick’s Day, it’s not easy being green if you’re a pea. Having reached price parity less than two months ago, Canadian yellow peas are now trading at a premium. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids for yellow peas are now priced at $11.25 per bushel, $4.16 (59 […] Read more

File photo of a combine harvesting a wheat crop in Ukraine. (SergBob/iStock/Getty Images)

Barley, Crops, Markets, Reuters

Demand from China puts Ukraine barley above top-end milling wheat

By Reuters March 12, 2021

Reading Time: < 1 minute Kyiv | Reuters — Prices for Ukrainian-origin barley from this year’s harvest have exceeded those of high quality milling wheat due to strong demand from China, analysts at APK-Inform said on Friday. Forward contract prices for 2021 harvest barley stood at $220-$230 a tonne c.p.t. (carriage paid to) Black Sea June-July delivery, while high-quality milling […] Read more

A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: High U.S. corn prices cut into ethanol production

By Adam Peleshaty March 4, 2021

Reading Time: 2 minutes MarketsFarm — Upcoming reports from the U.S. Department of Agriculture are expected to steer Chicago Board of Trade (CBOT) futures, at a time when high corn prices in the U.S. may be cutting into ethanol production in that country. According to the U.S. Energy Information Administration’s report released on March 3, 849,000 barrels of ethanol […] Read more

Montreal longshoremen to strike on weekends

U.S. grains: Soybean futures drop as soyoil crumbles

U.S. livestock: Lean hogs limit-down off highest in nearly seven years

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