prices Archives - Page 128 of 141

Pulse weekly outlook: Pea exports up on year, China a key buyer

By MarketsFarm Team, GFM Network News November 3, 2020

MarketsFarm — Canadian pea exports are running ahead of the year-ago level, with China the main buyer, according to the latest Canadian Grain Commission (CGC) data. Total pea exports tracked by the commission, at 1.12 million tonnes during the first 12 weeks of the 2020-21 crop year, are up 34 per cent compared to the […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market remains under pressure

Pre-election commodity trading in 'risk-off' mode

By Jerry Klassen, GFM Network News November 3, 2020

Compared to last week, western Canadian feeder cattle markets traded $2-$5 lower on average; calves under 650 lbs. appeared to trade $3-$8 lower with significant pressure on the weight category between 550 and 650 lbs. Moderate demand surfaced on quality yearlings but major operations appeared to back away from the cattle in the heavier weight […] Read more

At capacity, Roquette’s Portage la Prairie pea plant will be able to process 125,000 tonnes of yellow peas per year. (CNW Group/Roquette)

Crops, Markets, Peas

Pulse weekly outlook: Roquette plant now contracting organic yellow peas

Pricing to be at 'sustainable' level for growers

By GFM Network News October 28, 2020

MarketsFarm — Roquette is now contracting for conventional and organic yellow peas for its new processing plant near Portage la Prairie, Man. After construction is finished at the end of 2020, the 200,000-square foot facility will work its way up to processing 125,000 tonnes of yellow peas per year. “We will be receiving peas in […] Read more

Barley, Crops, Markets

Feed weekly outlook: Feedlots booking for winter underpin bids

By GFM Network News October 22, 2020

MarketsFarm — Feed grain prices have been strong following Western Canada’s harvest, as feedlots ensure they’re covered heading into the winter. “Last week there was some buying in the deferred months, from January onward,” Allen Pirness of Market Place Commodities at Lacombe, Alta. said. Pirness said the strong prices were unexpected, noting that when prices […] Read more

Finishers, Livestock, Markets, Weather

Klassen: Weather, COVID, feed grains pressure feeder market

By Jerry Klassen, GFM Network News October 21, 2020

Compared to last week, western Canadian yearling prices were $2-$4 lower on average; calves traded $2 to as much as $6 below week-ago levels. Southern Alberta received its first snowfall of the season last week, which hindered demand for fresh replacements. Feedlots always incorporate a risk discount when the first snowfall of the year materializes, […] Read more

Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Manitoba’s edible beans come off in good shape

By Phil Franz-Warkentin, GFM Network News October 20, 2020

MarketsFarm — Manitoba’s edible bean harvest wrapped up in much easier fashion in 2020 compared to the snow delays of the previous year, with relatively good quality and yields, according to early indications. “When you don’t get a major snowstorm on Thanksgiving weekend, it makes a difference,” said Manitoba Agriculture pulse specialist Dennis Lange, noting […] Read more

(Photo courtesy Canaryseed Development Commission of Saskatchewan)

Crops, Markets, Weather

Canary seed supplies tighten

'Hidden' stocks of product seen shrinking

By GFM Network News October 16, 2020

MarketsFarm — Canary seed stocks are presently tight for two reasons: unreported inventories have been used up, and poor yields from this year’s crop. David Nobbs of Purely Canada Foods in Saskatoon explained there was a “hidden inventory over the last four to five years,” never reported to Statistics Canada, that was used to meet […] Read more

Barley, Crops, Markets

Feed weekly outlook: Demand keeps Canadian barley well supported

By Phil Franz-Warkentin, GFM Network News October 16, 2020

MarketsFarm — Solid demand continues to keep feed barley bids in Western Canada well supported, as end-users work to secure supplies in anticipation of tightening stocks going forward. “Competition for barley is coming from every which direction: grain companies exporting barley, feedlots trying to cover barley, and grain companies trying to cover feedlots,” said Jim […] Read more

ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola firm at midweek

By GFM Network News October 15, 2020

MarketsFarm — ICE Futures canola contracts have steadied after slipping slightly following Canada’s Thanksgiving long weekend, with nearby attention on speculations rolling positions out of the front month. The nearby November contract closed Wednesday at $526.10 per tonne, gaining slightly after incurring losses the day prior. Market participants adjusting positions ahead of the November contract’s […] Read more

Green lentils. (Alexey Shipilov/iStock/Getty Images)

Crops, Lentils, Markets

Pulse weekly outlook: Tight supplies push up green lentil prices

Summer exports 'unusually good'

By GFM Network News October 14, 2020

MarketsFarm — Prices for green lentils in Western Canada have been on the upswing, with Lairds rising by between six and 12 cents/lb. “The summer exports were unusually good and are going fairly well right now,” said Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “People are realizing overall green lentil supplies, primarily in […] Read more

U.S. livestock: Cattle futures hit new highs on resilient consumer demand

Corteva raises annual profit forecast after strong first-half performance

U.S. grains: Wheat hits 5-year low, corn at contract lows as supply pressure builds

GFM Network News