prices Archives - Page 118 of 141

Feed weekly outlook: Incoming corn pressures barley, wheat

By GFM Network News September 10, 2021

MarketsFarm — Pressure from forthcoming corn imports from the U.S. have been driving down feed prices for barley and wheat in Saskatchewan and Manitoba, according to Evan Peterson, trader with JGL Commodities in Saskatoon. Meanwhile, prices in Alberta held steady. “We’re seeing some decent coverage right now on the feeder side. We’re waiting for the […] Read more

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

Canola, Crops, Markets

ICE weekly outlook: Canola market awaits harvests, USDA

By Phil Franz-Warkentin, GFM Network News September 9, 2021

MarketsFarm — Canola contracts on the ICE Futures platform drifted lower during the week ended Wednesday, although the market remains stuck in a sideways trading pattern overall as participants try to get a better handle on the size of this year’s crop. An upcoming supply/demand report from the U.S. Department of Agriculture also has the […] Read more

MGEX December 2021 spring wheat (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat futures fall, soybeans rise, corn flat

By Mark Weinraub, GFM Network News September 8, 2021

Chicago | Reuters — U.S. wheat futures fell on Wednesday, dragged lower by a firmer dollar that threatened to make U.S. supplies less competitive on the export market, traders said. Corn futures steadied after sinking to their lowest in two months early in the day, with bearish harvest expectations limiting any rally attempts. “Corn recovered […] Read more

A Western blot analysis, used to detect specific proteins in tissue samples, is used to confirm BSE in cattle. (Peggy Greb photo courtesy ARS/USDA)

Beef Cattle, Livestock, Markets, Reuters

China’s buyers expect Brazil’s beef back soon despite BSE cases

By GFM Network News September 8, 2021

Beijing | Reuters — Chinese beef importers said Monday the suspension of exports by top supplier Brazil due to two cases of BSE has had no immediate market impact, with some still making purchases in anticipation of a quick resumption of trade. Brazil said on Saturday it had confirmed two cases of ‘atypical’ bovine spongiform […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Chickpeas find high-priced silver lining

By GFM Network News September 7, 2021

MarketsFarm — Like many other crops across Western Canada, chickpeas weren’t immune to hot and dry growing conditions over the summer. This year’s domestic chickpea crop is only expected to weigh in at 63,000 tonnes, according to Statistics Canada — less than one-third of the five-year average of 189,600 tonnes. In Saskatchewan, some parts of […] Read more

CBOT December 2021 oats (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and black lines). (Barchart)

Crops, Markets, Oats

Tight supplies underpin oat bids with demand rationing expected

By Phil Franz-Warkentin, GFM Network News September 3, 2021

Corrected, Sept. 3 — MarketsFarm — Canadian oat prices should remain well supported over the next year given the smaller crop, but some demand will likely back away as buyers look for cheaper alternatives. While most of his customers were still taking delivery on existing contracts and not yet in the spot market, Ryan McKnight […] Read more

CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans sag on export worries after Ida

Wheat futures follow downward

By Julie Ingwersen, GFM Network News September 1, 2021

Chicago | Reuters — U.S. corn futures fell about two per cent on Wednesday, with the benchmark December contract hitting a seven-week low as worries about shipping delays from the U.S. Gulf Coast triggered a round of long liquidation, analysts said. Soybean futures touched a two-month low and wheat followed the weaker trend. Commodity funds […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines) and CBOT October 2021 soyoil (blue line, left column). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola futures slide, cash prices might not follow

Weakness seen ongoing in soy complex

By GFM Network News September 1, 2021

MarketsFarm — If the October soyoil contract on the Chicago Board of Trade (CBOT) falls to 55 U.S. cents/lb., it’s likely ICE Futures canola will drop to around $850 per tonne, according to analyst Errol Anderson of ProMarket Communications in Calgary. ICE November canola closed Wednesday at $890.80 per tonne, giving up $10.80 since the […] Read more

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Tight Canadian supplies to cut into exports

By Phil Franz-Warkentin, GFM Network News September 1, 2021

MarketsFarm –– Canadian pulse supplies during the 2021-22 marketing year will be the tightest of the past decade due to drought during the growing season, with the country likely to be a much smaller player in the international export market for peas, lentils and chickpeas as a result. Statistics Canada pegged the country’s 2021-22 pea […] Read more

File photo of a steak sandwich with chimichurri sauce at a street food market in Buenos Aires. (Aleksandr_Vorobev/iStock/Getty Images)

Beef Cattle, Livestock, Markets, Reuters

Argentina extends beef export cap, stoking farm tensions

Move seen as 'giving markets to other countries'

By GFM Network News August 31, 2021

Buenos Aires | Reuters — Argentina extended beef export restrictions until the end of October on Tuesday, stoking tensions with the powerful farm sector as the government seeks to bolster domestic meat supply to help contain rising food prices. The move comes months before key mid-term elections, with centre-left President Alberto Fernandez keen to avoid […] Read more

U.S. grains: Soy futures set six-week low as China buys Argentine cargoes, snubs U.S.

U.S. livestock: Hogs rally ahead of USDA report

Canadian Barley Research Coalition pledges $1.8 million to USask Crop Development Centre

GFM Network News