GFM Network News


ICE weekly outlook: Little to sustain canola bids in bear market

MarketsFarm — Although there will be some bounces in ICE canola futures, there is very little currently to sustain any increases in bids, according to Errol Anderson of ProMarket Communications. While the market has stabilized for the time being, it’s technically oversold, Anderson said. The market can rebound $5-$10 per tonne, he said, but it’s […] Read more






Feed weekly outlook: Tight supplies, good demand support barley

Solid demand, both domestically and internationally, coupled with tightening world supplies is keeping barley bids well supported in Western Canada and should lead to increased acres this spring. “The price of feed barley is staying historically high,” said Brian Otto, chair of the Barley Council of Canada, noting feed barley at Lethbridge was currently trading […] Read more







ICE weekly outlook: Canola steady heading into 2019

CNS Canada –– ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, and should be expected to remain steady heading into the New Year barring outside political developments. “We’re in a doldrums environment,” said Mike Jubinville of ProFarmer Canada in Winnipeg. “The supply/demand fundamentals suggest this market is reasonably well supplied, with […] Read more