The ICE Futures canola contacts rallied throughout the day Wednesday to close stronger, following the lead of the soy complex. Chicago Board of Trade (CBOT) soybean, oil and meal contracts finished the day stronger. The soybean market has been rallying as of late on expectations of Chinese soybean purchases, only to lose ground near market […] Read more
Ashley Robinson
Stories by Ashley Robinson
2019 good year for Prairie spring wheat, not so much for durum
While spring wheat prices in Western Canada enjoyed a strong year, durum prices weren’t so lucky. Heading into 2019, spring wheat prices could fall victim to increasing global wheat acreage, while durum prices will need to see acreage fall. When looking at data from the PDQ (Price and Data Quotes) Canadian Western Red Spring (13.5 […] Read more
2018 a challenging year for Canadian pulse industry
It’s been a year of challenges for the Canadian pulse industry, while it struggled to survive after its largest customer became almost non-existent overnight. However, it has started to grow in new ways. “It was challenging for farmers who saw a real shift in pulse prices, challenging for processors and farmers alike who saw the […] Read more
China dispute overshadows markets
China was the theme of the week for the commodity markets. Whether it was the ongoing drama between the United States and China or the Huawei executive case in Canada, China had all the North American commodity markets on edge for the week ended Dec. 14. As had been the case since the G20 meeting […] Read more
Canola drops with soy
The ICE Futures canola contacts finished the day weaker, realigning itself with the soy complex. Chicago Board of Trade (CBOT) soybean, oil and meal contracts were all weaker, however they weren’t down as much they were on Thursday. Despite more positive news from China, analysts are thinking the soybean market has peaked for now. The […] Read more
Prairie feed grain market inching higher
The feed grain market in Western Canada is starting to firm up as a lack of farmers selling has supplies tightening. “It seems like we’re kind of moving higher here at the moment. Markets have a firmer tone to them for now. Barley and feed wheat have been moving higher, no doubt about it,” said […] Read more
Trade, weather to determine acres
As Canadian farmers start thinking about what to plant next spring, global trade patterns and weather will play into decision making. “It’s very difficult to decide where this all is going. That obviously also has implications on where the futures prices go and what signals the farmers are taking from that,” said Marlene Boersch of […] Read more
Privatization plan at AGT moves ahead
A special commitee of AGT Food and Ingredients Inc. has approved taking the publically traded company private. The deal is expected to go through in the first quarter of 2019 if two-thirds of investors approve. However, major investment groups have said in the past that they oppose the plan. The company announced Dec. 4 that […] Read more
Cheaper canola could stir up export interest
The ICE Futures canola market has seen contracts become cheaper as of late, which could lead to an increase in demand. But the market is also still closely following the ongoing saga between China and the United States. “Everybody’s just waiting for some kind of news regarding China possibly purchasing U.S. beans. They are buying […] Read more
Canola not following soy’s strength
The ICE Futures canola platform closed mixed, failing to find strength from the soy complex. Chicago Board of Trade (CBOT) soybean, oil and meal contracts all finished the day stronger. Reuters reported during the trading session that China made its first major United States soybean purchase in more than six months today. Chinese state-owned companies […] Read more
