prices Archives - Page 121 of 141

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

ICE weekly outlook: Weather, soy complex weaken canola

By GFM Network News June 16, 2021

MarketsFarm — Wet weather on the Prairies and U.S. northern Plains has brought downward pressure on ICE Futures canola prices, taking the market off the contract highs hit in early June. Losses in palm oil and soyoil were also bearish. While precipitation, or the potential of it falling over canola-growing areas in Western Canada and […] Read more

CBOT July 2021 soybeans (candlesticks) with CME July 2021 crude palm oil and ICE July 2021 canola (green and yellow lines, left column). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans down with vegetable oil prices

Chicago July corn, wheat up

By Julie Ingwersen, GFM Network News June 16, 2021

Chicago | Reuters — U.S. soybean futures fell on Wednesday to their lowest level in nearly two months, pressured by a retreat in global vegetable oil prices from multi-year highs, analysts said. Corn and wheat futures ended mixed, with the nearby July corn and wheat contracts closing higher, while back months declined. Chicago Board of […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market heating up

Volumes thin with auction barns in holiday mode

By Jerry Klassen, GFM Network News June 15, 2021

Compared to last week, western Canadian yearling steers traded $3-$4 higher while yearling heifers were steady to $2 higher. Mid-weight calves or young yearlings from 600 to 800 lbs. were $3-$5 higher on average. Calves under 600 lbs. were relatively unchanged. Favourable rains across the Prairies have enhanced crop prospects for barley and wheat. April […] Read more

ICE November 2021 canola (candlesticks) with 20-day moving average (yellow line) and CBOT December 2021 soyoil (green line, left column). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Swings ahead for canola

By GFM Network News May 27, 2021

MarketsFarm — If anything is certain for canola values, it’s that they are going to be swingy for the next while, according to Ken Ball of PI Financial in Winnipeg. Canola bids, especially new-crop, have been on the downswing lately, largely due to precipitation the Prairies recently received. While the resulting moisture won’t rectify the […] Read more

Crops, Markets, Weather

Dry weather may cut into Canadian crop prospects, AAFC says

By Phil Franz-Warkentin, GFM Network News May 22, 2021

MarketsFarm — Dry weather conditions across Western Canada could cut into production prospects in the region, according to updated supply/demand tables released Thursday by Agriculture and Agri-Food Canada. “Extremely dry conditions prevail in large parts of Western Canada, allowing for rapid seeding progress which is trending ahead of normal; however, timely precipitation this spring and […] 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

Tensions build over Argentina’s beef export ban

Rural associations pledge pause in livestock trading

By GFM Network News May 19, 2021

Buenos Aires | Reuters — Argentine farm groups will halt trading of livestock in protest against a 30-day government ban on beef exports aimed at bringing down domestic prices, the country’s main producer groups said in a joint statement Tuesday. The South American country’s centre-left Peronist government unveiled the ’emergency measure’ to tamp down high […] Read more

CBOT July 2021 corn (blue high/low/close) and CBOT July 2021 wheat (red HLC). (Barchart)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Falling futures suggest first cracks in lofty market

By Phil Franz-Warkentin, GFM Network News May 13, 2021

MarketsFarm — A sharp drop in corn and wheat futures prices at the Chicago Board of Trade over the past week could be the sign of the first cracks in the western Canadian feed grain market. That said, tight supplies and uncertainty over new-crop grain production remain supportive. “With the move on the futures market […] Read more

ICE November 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Rain needed to bolster canola crop

By GFM Network News May 12, 2021

MarketsFarm | Rain — specifically, the lack thereof — is quickly becoming the key issue for canola values, according to Ken Ball of PI Financial in Winnipeg. Until now, dry conditions across much of the Prairies have not been much a factor in canola prices, he said. “We’ve got to get some rain in a […] Read more

Chickpeas. (Grigorenko/iStock/Getty Images Plus)

Crops, Markets, Pulses

Pulse weekly outlook: Chickpea acres ‘sharply’ down

By GFM Network News May 12, 2021

MarketsFarm — Despite prices higher than last year’s, Canada’s chickpea acres are expected to decline this year and, in turn, will result in less production in the 2021-22 crop year. High-delivered bids for Kabuli chickpeas, the type most commonly grown in Canada, run from 25 to 35 cents/lb., three to seven cents higher than last […] Read more

CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soy futures top $16 for first time since 2012

Chicago corn, wheat also end higher

By Julie Ingwersen, GFM Network News May 11, 2021

Chicago | Reuters — Benchmark U.S. soybean futures jumped above US$16 a bushel on Tuesday for the first time since 2012 as traders focused on tightening feed grain supplies and dry weather in Brazil’s corn belt, traders said. Corn and wheat futures also posted sharp gains, with nearby contracts leading the way up. A weaker […] Read more

U.S. livestock: Cattle futures continue gains, hogs slide

Alberta Beef Producers announces withdrawal from Canadian Cattle Association

Chinese anti-dumping duties shut market to Canadian canola

GFM Network News