Mounting pressure on canola as futures weaker

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker Friday, as increased pressure from products and the Canadian dollar weighed on values. A Winnipeg-based trader explained product values over the last two days have dropped by more than C$12 and that’s at least twice the amount canola bids have slipped. He stated the […] Read more

Canola likely to stick pending new reports

WINNIPEG – Despite three reports due to be released between now and Sept. 12, canola is very likely to remain range-bound along with other oilseeds, said David Derwin of PI Financial in Winnipeg, Man. On Sept. 6 Statistics Canada will release its report for grain stocks as of July 31. Then the federal agency issues […] Read more

Canola futures drop; wheat down too

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Monday, caught up in a slide in the Chicago soy complex. Also, European rapeseed and Malaysian palm oil lost ground, which further weighed on canola. After parts of the Prairies received rain over the weekend, the MarketsFarm forecast has called for warm temperatures […] Read more


No long term feed grain shortage

WINNIPEG,  (MarketsFarm) – Waiting for the 2019 harvest to roll in is the only factor that could create a feed shortage, according to Brandon Motz of CorNine Commodities in Lacombe, Alta. “As far as things look today, I don’t see a reason to be concerned about a feed shortage. If anything we could have a […] Read more

Manitoba crops facing dry conditions

WINNIPEG,  (MarketsFarm) – Varying dry conditions are set take a toll on Manitoba’s pulse crops this year. Some crops have stunted due to dry conditions throughout the year, said Serena Klippenstein, production specialist with Manitoba Pulse and Soybean Growers. Overall, crop conditions are still dependent on the soil type and where they are in the […] Read more


August supply and demand report hits markets hard

WINNIPEG,(MarketsFarm) – With the markets largely range-bound since the end of June, the United States Department of Agriculture (USDA) released its long-awaited supply and demand report late Monday morning. The initial reaction on the markets was bearish, with corn prices being hit very hard, down 25 U.S. cents per bushel for the September and December […] Read more

Western Cdn wheat prices regain strength

WINNIPEG,(MarketsFarm) – Wheat bids in Western Canada were generally up for the week ended August 8. There were gains in Canadian Western Red Spring Wheat (CWRS) and Canada Prairie Red Spring (CPRS) in all locations. Canadian Western Amber Durum (CWAD) was either side of steady, depending on location.   The Canadian dollar was down by […] Read more

Western Canadian wheat: Small gains for most prices

WINNIPEG,(MarketsFarm) – Wheat bids in Western Canada were generally higher for the week ended July 26. There were gains in Canadian Western Red Spring Wheat (CWRS) and Canadian Western Amber Durum (CWAD), while Canada Prairie Red Spring (CPRS) incurred small losses and gains depending on location. A slip in the Canadian dollar provided some support, […] Read more