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

Canola prices drop as farmers make progress on harvest

Canola contracts on the ICE Futures exchange fell to their lowest levels of the past year during the week ended Oct. 26, as harvest operations across Western Canada finally neared completion. Farmers in both Alberta and Saskatchewan reported good progress during the week, helping ease concerns over unharvested acres being left out over the winter. […] 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


Saskatchewan farmers made the most of the warm and dry weather during the last week and were able to make significant harvest progress, according to the provincial crop report released Oct. 25. | William DeKay photo

Sask. farmers make considerable harvest progress

Saskatchewan farmers made the most of the warm and dry weather during the last week and were able to make significant harvest progress, according to the provincial crop report released Oct. 25. Ninety-two percent of the Saskatchewan crop was harvested as of Oct. 22, up 10 percentage points from the previous week. However, which was […] Read more

Plenty of feed wheat available on Prairies, few takers

Quality downgrades caused by poor harvest weather has pushed a lot of wheat into feed markets, but there are few takers at this point. Eldon Dueck, grain merchant at Linear Grain in Carman, Man., said farmer offerings in his region remain slow, but he’s heard that a lot of feed wheat and barley might be […] Read more


Manitoba edible bean harvest wraps up

After a long and drawn out harvest Manitoba farmers have finally finished bringing in this year’s edible bean crop. While the late harvest raised quality concerns in the province, ample North American supplies should limit the upside price potential. “The harvest started really early, and we were moving at a pretty good clip…and then the […] Read more

Canola futures have found themselves in a downward slide, with the market settling right above major support levels on Oct. 24. | Barb Glen image

Market watching late harvest

Canola futures have found themselves in a downward slide, with the market settling right above major support levels on Oct. 24. The January contract finished Wednesday’s session at C$491 per tonne, which was right above major support at C$490 per tonne. “If it legs down, I think a swing target could be as low as […] 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


Prairie wheat bids see slight change

Wheat bids in Western Canada were mixed for the week ended Oct. 19 with only small changes, as the stalled harvest across the Prairies was able to start up again following weeks of cold and wet weather. Average Canada Western Red Spring (13.5% CWRS) wheat prices were up slightly, rising by less than a dollar […] Read more

Cold, wet and snowy weather throughout September and into October slowed down or stalled harvest in parts of Alberta and Saskatchewan. Crops were downgraded making more barley and wheat feed grain quality. | File photo

Alberta feed market flooded with grain

Feed grain prices in Alberta have come down as producers have rushed to sell downgraded crops. “Last week the phones were blowing up…right now I think we’re seeing some better weather, so everyone’s outside and the phones are probably going to light up again next week,” said Nelson Neumann, grain trader with Agfinity in Stony […] Read more