MarketsFarm Archives - Page 10 of 11

CBOT weekly outlook: Soy, corn wait for next big thing

By Phil Franz-Warkentin, GFM Network News February 13, 2020

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade have recovered off of nearby lows, but remain rangebound overall waiting for fresh news to push values one way or the other. The U.S. Department of Agriculture holds its Agriculture Outlook Forum on Feb. 20-21. USDA’s first acreage and supply/demand estimates for the […] Read more

Following the spring melt, prairie weather is expected to be on the drier side. Photo: Thinkstock

Crops, Weather

Early 2020 forecast points to cooler, drier Prairie spring

By GFM Network News December 23, 2019

MarketsFarm – After 2019’s dry growing season and messy harvest, 2020 may have fairer skies in store for producers across the Canadian Prairies. Following the spring melt, weather in the Prairies is expected to show a bias to the drier side, which will keep excess soil moisture at bay following wet conditions last fall. “The […] Read more

As much as 50 per cent of India’s dal crop was damaged this year due to waterlogging. Photo: iStock/Getty Images

Markets, Pulses

India looking to import pulses

By GFM Network News November 12, 2019

MarketsFarm – Although India has prioritized producing their country’s own pulses self-sufficiently, unprecedented rainfall in October and November could turn the country back to relying on imports. A statement from the chairman of the Indian Pulses and Grains Association (IPGA), Zaverchand Bheda, said as much as 50 per cent of the urad pulse crop was […] Read more

Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)

Canola, Crops, Markets

Canada’s canola crush down slightly in August

By GFM Network News September 27, 2019

MarketsFarm — As often has been the case, the canola crush in Canada dipped from July to August, according to Statistics Canada. The federal agency issued its monthly crush numbers on Thursday with 829,778 tonnes of canola crushed in August, down 2.89 per cent from July’s crush. However, August’s crush was the second most so […] Read more

ICE November 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola breaks out of week-long funk

By GFM Network News September 11, 2019

MarketsFarm — It’s unclear yet what effect Thursday’s satellite field crop estimates from Statistics Canada will have on markets. Canola broke out of a six-day funk Wednesday, trending just slightly higher for the first time since Wednesday last week. Technical biases remain to the downside, as prices hover around contract lows. “There are a lot […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Crops, Markets

Big changes unlikely in next USDA report

By GFM Network News September 9, 2019

MarketsFarm — Ahead of the next supply and demand report from the U.S. Department of Agriculture, several firms have issued estimates for U.S. corn and soybean yields. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) Thursday at 11 a.m. CT. The report will help set the tone for commodities […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola carryover looms ahead of harvest

By GFM Network News August 7, 2019

MarketsFarm — There’s a large canola carryover on farms and little of the soon-to-come 2019 crop has been sold, according to Winnipeg-based analyst Bill Craddock. “Farmers think the price is too cheap,” he said. However, the price has come down, from about $11 per bushel to around $9.50, he added, noting there likely won’t be […] Read more

New crop barley bids are between C$225 and C$230 per tonne. Photo: File

Cereals, Markets

Feed weekly outlook: Barley prices soften before harvest

By GFM Network News August 2, 2019

MarketsFarm – As harvest season kicks off for feed grains, new crop prices are at “market-clearing levels.” Allen Pirness of Market Place Commodities in Lethbridge, Alta., said cattle farmers are “in pretty good shape for old crop grain,” and are “waiting for new crop to hit.” “It’s taking its toll on prices a little bit, […] Read more

Canola, Markets

ICE weekly outlook: Canola bids not moving much

By GFM Network News August 1, 2019

Winnipeg | MarketsFarm – So far this summer, canola prices have continued to remain range-bound, said David Derwin of PI Financial in Winnipeg, Man. “On a week to week basis, we’re kind of at the low end of the range,” Derwin commented, noting C$450 per tonne has been near the low end of that range. […] Read more

Corn, Crops, Soybeans

CBOT weekly outlook: Soybeans and corn watching weather, waiting on acreage numbers

By GFM Network News July 24, 2019

MarketsFarm – Shifting weather forecasts and trade talk rumours should keep the soybean and corn markets at the Chicago Board of Trade on edge over the next few weeks, as participants wait on updated acreage numbers from the United States Department of Agriculture. The USDA’s August 12 report will include results of an acreage resurvey […] Read more

GFM Network News

Huge crops in South America says analyst

U.S. livestock: ‘Cattle on feed’ report supports prices

U.S. grains: Wheat trades near contract lows under ample global supply

Tag Archives MarketsFarm

CBOT weekly outlook: Soy, corn wait for next big thing

Early 2020 forecast points to cooler, drier Prairie spring

India looking to import pulses

Canada’s canola crush down slightly in August

ICE weekly outlook: Canola breaks out of week-long funk

Big changes unlikely in next USDA report

ICE weekly outlook: Canola carryover looms ahead of harvest

Feed weekly outlook: Barley prices soften before harvest

ICE weekly outlook: Canola bids not moving much

CBOT weekly outlook: Soybeans and corn watching weather, waiting on acreage numbers

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