prices Archives - Page 125 of 141

An ammonia and nitrogen fertilizer plant in Russia. (Saoirse_2010/iStock/Getty Images)

High fertilizer prices likely to climb more

By GFM Network News February 13, 2021

MarketsFarm — Expect fertilizer prices to resume increasing, despite having fallen back recently. Prices began their sharp rise around the middle of December and beginning of January. “They will go higher as demand goes up at seeding time,” Mike Jubinville of MarketsFarm Pro in Winnipeg said. Jubinville reported urea prices have jumped $100 per tonne […] Read more

Finishers, Livestock, Markets

Klassen: Lower U.S. calf crop spurs buying interest

By Jerry Klassen, GFM Network News February 9, 2021

Compared to last week, western Canadian yearling markets traded steady to $2 higher; calves in the range of 550-800 lbs. were up $2-$4; and calves under 550 lbs. surged $4-$8 on average. Certain auction barns reported that grassers traded $8-$12 above week-ago levels. Colder temperatures caused some sellers to delay sales; however, there was no […] Read more

Harvested Saskatchewan lentils. (Bobloblaw/iStock/Getty Images)

Crops, Lentils, Markets

Pulse weekly outlook: Canada’s lentils face competition

By GFM Network News February 3, 2021

MarketsFarm — Acreage and production of lentils in Canada are expected to mostly remain the same for the 2021-22 crop year. While strong demand during the COVID-19 pandemic has bolstered prices over the past year, increased production from competing exporters may cut into that buying interest going forward. Elyce Simpson Fraser, senior vice-president of Simpson […] Read more

Crops, Markets, Oats

Oat prices running out of upside

By GFM Network News February 2, 2021

MarketsFarm — Oat prices in Western Canada have shown some strength over the past year, but competition from other crops will likely lead to an acreage reduction this spring despite the firm prices, according to market participants. Ryan McKnight, from Linear Grain at Carman, Man., had seen prices for the crop rise last fall, but […] Read more

CME April 2021 live cattle with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Profit-taking hits live cattle futures

CME April hogs also down off Friday's high

By Tom Polansek, GFM Network News February 1, 2021

Chicago | Reuters — U.S. live cattle futures weakened on Monday on profit-taking and as the market pulled back from a one-year high reached last week, traders said. Strong demand for beef has supported cattle futures recently, and beef prices continue to rise. Choice cuts advanced $1.82, to $235.77/cwt, and select cuts climbed $2.98, to […] Read more

Barley, Crops, Markets

Feed weekly outlook: Buyers’ thoughts turn to April-June

By GFM Network News January 28, 2021

MarketsFarm — Attention on feed grains is shifting away from February-March and focusing on the April-June period, according to Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. Their buyers have February-March pretty much covered, she said. Demand continues to be driven by exports to China, she added, with Prairie feedlots required to keep […] Read more

Crops, Markets

Canadian flax prices, exports going up

By GFM Network News January 28, 2021

MarketsFarm — High demand and an accompanying increase in overseas exports have resulted in reduced domestic supply for Canadian flaxseed, helping drive prices for the crop to highs unseen in years. Marlene Boersch, owner of Mercantile Consulting Venture in Winnipeg, said the amount of flax from Canada going to the U.S. and European Union is […] Read more

ICE March 2021 canola (candlesticks) with Bollinger bands (20,2) and 100-day moving average (green line). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola entering uncharted waters

By Phil Franz-Warkentin, GFM Network News January 28, 2021

MarketsFarm — ICE Futures canola contracts climbed sharply higher in the front months during the week ended Wednesday, hitting their highest levels since 2008. The March contract settled Wednesday at $717.80 per tonne, marking the first close above the $700 per tonne level since March 2008. “Everybody is long, and everybody won’t make a profit […] Read more

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

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn is the leader

By GFM Network News January 27, 2021

MarketsFarm — Over the last week at the Chicago Board of Trade (CBOT) corn has been leading soybeans, while wheat has been lacking good exports, according to Ryan Ettner, broker with Allendale Inc. in Fort McHenry, Ill. Ettner said he also expects the situation is very likely to continue, barring any kind of a major […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Adversity bolsters chickpea bids

'Other crops just pencil in better'

By GFM Network News January 27, 2021

MarketsFarm — Canadian chickpea prices have either stayed firm or slightly went up as the pulse runs into more than its fair share of adversity. Limited supply, reduced demand and environmental factors have all affected the long-term prospects of the crop at home and abroad, according to Colin Young of MidWest Grain in Moose Jaw. […] Read more

Pulse Weekly: Exports down month-to-month

U.S. livestock: Cattle futures surge, hogs up

U.S. grains: Wheat, corn sink to contract lows as large supply weighs

GFM Network News