per tonne Archives - Page 3 of 4

ICE November 2020 canola with 20-, 100- and 200-day moving averages. (Barchart)

Canola futures testing chart resistance

November canola briefly topped $480 Monday

By Phil Franz-Warkentin, GFM Network News July 7, 2020

MarketsFarm — Recent price activity in the ICE Futures canola market has been bullish from a technical standpoint, with the futures poised for a break higher if the rally can be sustained. After trading at a low of $468.10 per tonne in late June, the November canola contract rallied to briefly trade above the psychological […] Read more

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Barley, Crops, Markets

Feed weekly outlook: Barley, wheat price strength may continue

By GFM Network News June 23, 2020

MarketsFarm — Prices for feed barley and wheat have remained strong over the last few weeks, according to traders in Alberta and Saskatchewan. “They move up a dollar or two per metric tonne just to keep moving the old crop,” said Evan Peterson of JGL Commodities’ Saskatoon office. “From what we’ve seen, buyers are just […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Barley, Crops, Markets

Feed weekly outlook: Barley prices close to ceiling

By GFM Network News June 11, 2020

MarketsFarm — Feed barley prices, which climbed during May, have very likely risen as far as they can go, said Nelson Neumann, senior trader with Agfinity at Stony Plain, Alta. “We’re at the point where corn can be a cheaper alternative. There’s a ceiling on the market and we’re pretty much at that ceiling,” Neumann […] Read more

A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Cheaper corn to temper rising barley bids

Lack of farmer selling a factor in bids

By Phil Franz-Warkentin, GFM Network News May 28, 2020

MarketsFarm — Rising feed barley prices in Western Canada may be nearing their upper limit, as end users look to add more cheaper corn to their rations. “The higher that barley and wheat get, the more attractive corn gets,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. “If barley and wheat go any higher, we’ll […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids mixed

By MarketsFarm Team, GFM Network News May 2, 2020

MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Friday, with some gains observed in Canada Western Red Spring (CWRS) wheat, and a mixed tone for Canada Prairie Spring Red (CPSR). Durum (CWAD) saw small losses. Average CWRS (13.5 per cent protein) wheat prices were steady to up by $4 per […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Chickpea acreage expected lower

By GFM Network News May 1, 2020

MarketsFarm — High global prices in the 2017-18 marketing year caused a global spike in chickpea production in 2018. It’s since taken a while for consumers to “chew through supplies,” which has put pressure on prices, according to Chuck Penner of LeftField Commodities. In a kabuli chickpea global outlook webinar hosted by the Global Pulse […] Read more

General, Machinery

Federal carbon tax rises despite opposition, pandemic

Ottawa not backing away from scheduled increases

By GFM Network News April 6, 2020

Ottawa — The federal government has pushed ahead with an increase to the carbon tax despite continued calls from the agriculture sector for reprieve from the program. The price on carbon rose from $20 per tonne to $30 per tonne effective April 1. The federal Liberal government is standing firm on its commitment to increase […] Read more

Barley, Crops, Markets, Weather

Feed weekly outlook: Soft demand weighs on prices

By GFM Network News March 6, 2020

MarketsFarm — Feed grain prices on the Prairies remain soft ahead of spring planting, due to quiet demand from feedlots. “Feedlots are full of grain right now,” Brandon Motz of CorNine Commodities at Lacombe, Alta. said, explaining that there’s currently a lot of grain in feeding pipelines. “Spring replacement into feedlots has been really slow.” […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Rally likely to end soon

By GFM Network News January 30, 2020

MarketsFarm — After a bit of a rally for feed grain prices over the last three to four weeks, the feedlots are on the full side, said Brandon Motz of CorNine Commodities at Lacombe, Alta. “That normally means we back off a little bit,” he said, noting there hasn’t been an uptick in deliveries with […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prairie market stable heading into New Year

By GFM Network News December 19, 2019

MarketsFarm — Western Canadian feed grain markets are showing some stability heading into the New Year, as buyers have generally booked coverage over the holiday season. “Everybody is just waiting to see what will happen,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. While large amounts of tough grain were moving, he said there was […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News