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

ICE weekly outlook: Canola futures at two-year highs

MarketsFarm — ICE Futures canola contracts climbed to their strongest levels in two years during the week ended Wednesday, but could be nearing their highs for the time being as harvest pressure should start weighing on values. “We’re running into the top end on the monthly and weekly charts,” said Jamie Wilton, senior commodity futures […] Read more





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

U.S. grains: Chinese buying, crop doubts push soy to two-year high

CBOT corn recoups some losses from previous day

Chicago | Reuters — Increasing Chinese demand lifted U.S. soybean futures to their highest prices in more than two years on Friday, while corn futures rose on concerns about U.S. crop damage from adverse weather. The U.S. Department of Agriculture said private exporters sold 318,000 tonnes of U.S. soybeans to China and 175,000 tonnes of […] Read more



File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Pulse weekly outlook: Large Canadian crops expected

MarketsFarm — Canada will have grown a record-large pea crop in 2020 and possibly the second-largest lentil crop ever, according to preliminary estimates from Statistics Canada, released Monday. Using satellite imagery and model-based yield estimates, the government agency pegged the 2020-21 Canadian field pea crop at 4.996 million tonnes. That would be a new record […] Read more



(Serts/iStock/Getty Images)

Pulse weekly outlook: Harvest activity pressures lentils

MarketsFarm — With harvest activity beginning across most of the Prairies, pulse prices are experiencing typical harvest pressure. About 20 per cent of the lentil crop has been harvested in Saskatchewan, according to the province’s crop report from Thursday. The west-central region lagged furthest behind the province’s average rate, with just seven per cent of […] Read more