Analysts see no end in sight for high diesel prices.  | File photo

Diesel prices expected to stay high

As supply tightens, farmers should consider stocking up on diesel before it’s too late, according to an analyst. “We think the market’s getting kind of overdone down here and this might be your best chance,” said Phil Flynn of the Price Futures Group in Chicago. “If we do get a cold winter, I think we’ll […] Read more

After a year that saw India drop off the map as a pulse importer, some industry officials expect that we could see India re-enter the pulse buying market soon. | File photo

India expected to become a pulse buyer again

After a year that saw India drop off the map as a pulse importer, some industry officials expect that we could see India re-enter the pulse buying market soon. “Seeding is going down, the monsoons are weak. So definitely they will need to import. I see that in the next few months we will start […] Read more

Wheat bids in Western Canada were lower for the week ended Nov. 8, following the lead of dropping United States futures markets. | File photo

Prairie wheat bids down with U.S. futures

Wheat bids in Western Canada were lower for the week ended Nov. 8, following the lead of dropping United States futures markets. Average Canada Western Red Spring (13.5 percent CWRS) wheat prices were down slightly, falling by less than a dollar to C$2 per tonne, according to price quotes from a cross-section of delivery points […] Read more


Export estimates for U.S. soybeans were lowered to 1.9 billion, down 160 million bushels. This was due primarily to there being less expected exports to China. | File photo

CBOT soybeans recover after dismal USDA data

The latest United States Department of Agriculture (USDA) reports surprised traders leading to an immediate sell-off for Chicago Board of Trade (CBOT) soybean contracts. “It’s a pretty interesting report to tell you the truth, but really the focus has been on the beans,” said Jack Scoville of Price Futures Group in Chicago, Ill. It had […] Read more



Analysts see no end in sight for high diesel prices.  | File photo

Tight supplies could have diesel prices rising

As supply tightens, farmers should consider stocking up on diesel before it’s too late, according to an analyst. “We think the market’s getting kind of overdone down here and this might be your best chance… if we do get a cold winter I think we’ll see these prices really pop,” said Phil Flynn of The […] Read more

Canola contracts hit yearly lows at market close on Oct. 31. The January contract closed at C$486 per tonne, dropping more than C$2 during the day. It had been falling in value daily over the previous days. | Robin Booker photo

ICE canola could go lower still

It’s a dismal outlook for the ICE canola market as it has hit new yearly lows and could go lower still, according to one trader. “Unfortunately the news for the moment doesn’t seem to be overwhelmingly bullish news. It continues to be a little bit on the tad negative side,” said Keith Ferley of RBC […] Read more

Manitoba cattle market better than rest of Prairies

While cattle prices are starting to soften across most of Western Canada, Manitoba is finding itself as the exception. “In Manitoba things aren’t looking too bad. They’ve got some options there, their price has almost been a premium, or some of the strongest in Western Canada,” said Brian Perillat, manager and senior analyst at Canfax. […] Read more


Farm Credit Canada thinks the probability that the Bank of Canada will raise interest rates later this month increased to 97 percent since the United States-Mexico-Canada Agreement was signed.  |  REUTERS/Mark Blinch photo

Trade certainty not expected to strengthen Canadian dollar

Even with more certainty around trade with the United States, Canadians shouldn’t expect to see the dollar flying in value. “It’s hard for me to see the Canadian dollar gain value against the U.S. dollar in the short-term, unless the Bank of Canada totally revises its stance towards interest rates,” said J.P. Gervais, chief agriculture […] Read more

Choppy corn and soy markets expected

Chicago Board of Trade (CBOT) soybean contracts could see some action this week as the November contract near expiry. The corn contracts could also be hopping around during the week. “We’re getting some pressure in these markets because of the harvest pace that’s going on for the U.S. producer. So farmers are out there, they’re […] Read more