Farmlink Marketing Solutions

Canola prices continue to be stuck in the same narrow trading range that has held since April. The July futures contract is showing strong support near $590 per tonne, but can’t muster up enough momentum to stay above $630 per tonne. The bearish influences of lagging export sales and relatively large commercial stocks for this […] Read more

May 28 — It is getting very late in the game to be in the dark with regards to wheat pricing options in 2008-09. Farm marketers in Western Canada attempting to manage pricing risks and opportunities are dealing with significant uncertainty in wheat, due to a lack of program information provided by the Canadian Wheat […] Read more

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

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

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