prices Archives - Page 120 of 141

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

CBOT weekly outlook: U.S. Midwest weather in focus for soy, corn

By Phil Franz-Warkentin, GFM Network News July 7, 2021

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade have seen some wide price moves over the first trading week of July, as a surprisingly bullish acreage report at the end of June was quickly superseded by the weather. “Right now it’s weather; the weather has trumped the bullishness of the June […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Soy futures rebound on declining crop condition

Forecast rain has eased U.S. corn yield fears

By Tom Polansek, GFM Network News July 7, 2021

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Wednesday, recouping a portion of heavy losses from a day earlier, as a lower-than-expected U.S. crop rating tempered hopes that rain will improve field conditions. Rains from Friday into next week will offer timely moisture for corn that will be in the key […] Read more

Crops, Markets, Weather

Hot weather cuts into Canadian mustard crop

Price increases already noted

By Phil Franz-Warkentin, GFM Network News July 7, 2021

MarketsFarm — Canada is looking at another small mustard crop in 2021, which should keep prices well supported for any unpriced crop, as recent heat stress cut into yields. “That was a very rough week,” said Walter Dyck, the Alberta-based general manager with Wisconsin mustard-processor Olds Products, on the late June/early July heat wave that […] Read more

Barley, Crops, Markets

Feed weekly outlook: Prices dip in Alberta, steady to higher elsewhere

By GFM Network News July 3, 2021

MarketsFarm — Prices for feed barley and wheat in Alberta pulled back a little this week — and it wasn’t because the province has generally received more rain than the other two Prairie provinces. “There hasn’t been the demand as we typically have at this time of year,” Erin Harakal, senior trader with Agfinity in […] Read more

ICE November 2021 canola (candlesticks) with Bollinger (20,2) bands. (Barchart)

Canola, Crops, Markets, Weather

ICE weekly outlook: Volatility to come for canola market

'Tighten up your seatbelt'

By GFM Network News June 30, 2021

MarketsFarm — Record-breaking temperatures in British Columbia, lingering extreme heat in the Prairie provinces and little to no precipitation have strengthened an ongoing rally in the ICE Futures canola market. One trader, however, warns that canola contracts may be in for a mercurial few weeks. “We’re clearly in a weather market that is extremely volatile,” […] Read more

ICE July 2021 canola (candlesticks) with 20-day movjng average (green line), ICE November 2021 canola (yellow line) and CBOT July 2021 soybeans (black line, left column). (Barchart)

Canola, Crops, Markets, Weather

ICE weekly outlook: Weather, carryout support canola

By GFM Network News June 24, 2021

MarketsFarm — As higher-than-normal temperatures become almost a weekly occurrence in Western Canada amidst tightening carryout stocks, canola seems primed for another extended rally. Despite rains in Western Canada over the past three weeks, providing some relief for canola crops and triggering fund liquidation on the markets, carryout remains very low, with warmer temperatures exacerbating […] 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

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Manitoba dry beans in good shape

By GFM Network News June 23, 2021

MarketsFarm — Despite temperatures ranging from near-freezing lows to sweltering highs and receiving little precipitation, Manitoba’s dry edible bean crop has weathered the conditions well, according to the province’s pulse specialist. “We’ve had some interesting weather over the last week to two weeks,” Dennis Lange, pulse specialist for Manitoba Agriculture at Altona, said, referring to […] 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

Barley south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets, Weather

Feed weekly outlook: Rains, demand keep bids down

By GFM Network News June 18, 2021

MarketsFarm — While recent wet weather on the Prairies has helped bring down prices for feed grains, demand — or a lack thereof — has been another primary factor. “The rains have definitely affected (prices) a bit, but probably not to the extent demand has,” said Erin Harakal, trade manager for Agfinity at Stony Plain, […] Read more

U.S. livestock: Cattle make small gains, hogs slip back

ICE Weekly: Canola correction brightens outlook

U.S. grains: Soybeans extend gains after USDA’s US harvest outlook cut

GFM Network News