The Port of Thunder Bay continued to see strong grain movement with only a month to go in the 2024 shipping season. Potash shipments are also up on the year.
Thunder Bay grain movement stays strong through November
Bearish speculative bets rise in canola futures
Speculative fund traders were busy putting on fresh bearish bets in early December, taking the net managed money short position back above 100,000 contracts for the first time in two months, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE canola weekly outlook: Politics driving trade
The ICE Futures canola market climbed off nearby lows over the week ended Dec. 4, although the correction ran into resistance and values remain at the whim of outside forces.
CBOT weekly: Soybeans/corn to trade sideways
Soybean and corn futures at the Chicago Board of Trade are expected to hold rangebound and trade sideways through the holiday season, as market participants wait to get a better handle on what trade policies proposed by United States President-elect Donald Trump may mean for the commodities in the new year.
Agfinity declares bankruptcy
Agfinity Inc. officially filed for bankruptcy on Nov. 25, just over a month since the Alberta grain brokerage shut down operations and laid off employees.
Pulse weekly: U.S. tariffs could alter Canadian pulse movement
Canadian pulse exporters have plenty of experience dealing with shifting trade policies from India, but increased tariffs from closer to home could alter export movement in 2025.
ICE canola weekly outlook: Futures drop as demand fades
The ICE Futures canola market dropped to its lowest levels in a month on Nov. 20, with future moves likely dependent on what happens in outside markets.
Agfinity shuttered, new brokerage facing online questions
Stony Plain, Alta. grain broker Agfinity laid off employees and started the process of declaring bankruptcy in mid-October, according to former employees. Three former employees are working at launching a new brokerage firm, Grain Gateway Canada, but have run into some strangeness online.
Feed grains: Corn prices rising above feed barley, as C$ falls
Prices for corn delivered into southern Alberta have risen at a quicker pace than domestic barley over the past few weeks, which should keep barley in feed rations and temper corn imports for the time being.
Canadian yellow peas moving to India, but for how long?
India has regained its spot as the top destination for Canadian yellow pea exports, but a looming end to duty-free imports could change trade flows in the New Year.
Cyber-Savvy Farmer
