markets Archives - Page 83 of 92

Barley, Crops, Markets, Spring Wheat, Weather

Feed weekly outlook: New-crop prices to rise

By GFM Network News June 25, 2021

MarketsFarm — Well covered with grain for now, feedlots are beginning to set their sights on the new crop. Drought conditions on the Prairies and the U.S. northern Plains are causing new-crop feed wheat and feed barley prices to go up, according to a Saskatchewan-based trader. “Demand for old crop (is) dwindling and the focus […] Read more

Crops, Markets, Reuters

Potash partnership with BHP ‘not our focus,’ Nutrien executive says

Prices surging on rising demand, Belarus sanctions

By Rod Nickel, GFM Network News June 23, 2021

Winnipeg | Reuters — Canadian potash producer Nutrien is not focused on any potential collaboration with miner BHP Group, a senior Nutrien executive said Tuesday in the company’s first public comments about reports of possible co-operation. BHP has for years been constructing a potash mine at Jansen, Sask., near Nutrien’s six mines in the province. […] Read more

CME October 2021 feeder cattle (candlesticks) with Bollinger (20,2) bands. (Barchart)

Finishers, Livestock, Markets

Klassen: Feeder market percolating higher

Weakness in feeder futures seen as temporary hiccup

By Jerry Klassen, GFM Network News June 22, 2021

Compared to last week, western Canadian yearling prices were $1-$4 higher on average; calves were steady to $2 higher. Limited volume of calves under 600 lbs. made the market hard to define; however, strong demand was surfacing across all weight categories. The weaker Canadian dollar, along with stronger live cattle futures, set a positive tone. […] Read more

Nutrien’s potash mine at Lanigan, Sask., about 100 km southeast of Saskatoon. (Nutrien.com)

Crops, Reuters

New Nutrien CEO to carry out current strategy

Schmidt to focus on potash price over boosting sales

By Rod Nickel, GFM Network News May 5, 2021

Winnipeg | Reuters — Canadian fertilizer and farm dealer Nutrien will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new CEO Mayo Schmidt said Tuesday. Surging prices of corn, soybeans and canola have given North American farmers more incentive to spend on fertilizer, lifting crop nutrient prices […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (light yellow, dark yellow, dark green lines). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Challenging crop year ahead for canola

By GFM Network News April 28, 2021

MarketsFarm — With declines in canola following Statistics Canada’s bullish-leaning projections for acres, it’s becoming more difficult to determine which way prices will trend in coming weeks and months. “Where are prices going to go? In any given year that’s challenging, especially in this year,” said David Derwin, analyst for PI Financial in Winnipeg. “That […] Read more

CBOT May 2021 soybeans (candlesticks) with 20- and 50-day moving averages (yellow, light green lines) and May 2021 soyoil (dark green line). (Barchart)

Crops, Markets

CBOT weekly outlook: May corn, soybeans reach eight-year highs

Prices seen as indicating crop scarcity

By GFM Network News April 28, 2021

MarketsFarm — At the Chicago Board of Trade, old-crop contracts for corn and soybeans were trading at continually rising prices over the past week and one analyst believes there is a short squeeze. The May corn contract went from about $6.50 per bushel on April 22 to $7.20/bu. five days later (all figures US$). Over […] Read more

Crops, Markets

Feed weekly outlook: Alternatives in greater demand

By GFM Network News April 9, 2021

MarketsFarm — Price increases for feed barley and wheat in Western Canada have caused more feeders to look elsewhere for sustenance for their livestock. Prices over the last year have shot up 25 to 40 per cent, according to Prairie Ag Hotwire. “Any time you run into a high-priced commodity market, the cost of feeding […] Read more

Crops, Markets

Flax area seen expanding on strongest prices ever

By GFM Network News April 8, 2021

MarketsFarm — To MarketsFarm Pro analyst Mike Jubinville, there’s no doubt that flaxseed acres in Canada will increase in 2021. In Agriculture and Agri-Food Canada’s (AAFC) March supply and demand estimates, the department projected flax acres to jump 22 per cent in 2021-22 at about 1.14 million, up from nearly 931,600 seeded in the previous […] Read more

MGEX May 2021 wheat (candlesticks) with K.C. May 2021 wheat (orange line), CBOT May 2021 wheat (red line) and Canadian dollar in U.S. cents (green line). (Barchart)

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids mixed as loonie jumps

By GFM Network News April 1, 2021

MarketsFarm — Bids for Canada Western Red Spring (CWRS) and Canada Western Amber Durum (CWAD) wheats dropped while those for Canada Prairie Spring Red (CPSR) wheat made their way upward during the week ending Wednesday. Wheat futures in the U.S. were mixed, while the Canadian dollar rose. The market reacted to both the prospective plantings […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle demand surges

Cow-calf producers already thinking spring

By Jerry Klassen, GFM Network News February 23, 2021

Compared to last week, western Canadian yearlings sold $3-$5 higher while calves traded $6 to as much as $10 higher. The return of moderate temperatures enhanced buying enthusiasm across the Prairies. Strength in deferred live cattle futures appeared to offset strong feed grain values. Yearling prices were rather soft through January and the first half […] Read more

CFIA rejects beekeeper proposals on U.S. packaged bees

U.S. livestock: Cattle futures fall hard, hogs mixed

Alberta Crop Report: Scattered rains, crop conditions

GFM Network News

CFIA rejects beekeeper proposals on U.S. packaged bees

U.S. livestock: Cattle futures fall hard, hogs mixed

Alberta Crop Report: Scattered rains, crop conditions

Tag Archives markets

Feed weekly outlook: New-crop prices to rise

Potash partnership with BHP ‘not our focus,’ Nutrien executive says

Klassen: Feeder market percolating higher

New Nutrien CEO to carry out current strategy

ICE weekly outlook: Challenging crop year ahead for canola

CBOT weekly outlook: May corn, soybeans reach eight-year highs

Feed weekly outlook: Alternatives in greater demand

Flax area seen expanding on strongest prices ever

Prairie cash wheat: Bids mixed as loonie jumps

Klassen: Feeder cattle demand surges

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