In midst of market turmoil feed prices mostly steady

WINNIPEG (MarketsFarm) — Despite all of the commotion in the markets due to the economic impact from the COVID-19 pandemic, feed grain prices have been steady, according to Nelson Neumann of Agfinity in Edmonton. Neumann said feed prices were in a steady decline since the cold snap around the beginning of January. “This week/last week, […] Read more

Canola futures hold steady

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Friday, due to gains in Chicago soyoil and European rapeseed. Malaysian palm oil remained lower. Although farmer deliveries of canola were down for the week ended March 22, they remained strong. The Canadian Grain Commission reported deliveries were 406,800 tonnes compared […] Read more

Canola futures finish slightly lower

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Wednesday, after trading most of the session on either side of steady. While Chicago soyoil managed to finish a little higher today, soymeal was down sharply and weighed on values. Gains in European rapeseed and Malaysian palm oil tempered further losses for canola. […] Read more


As canola and other farm commodities made strong gains over the last week, there was something a little strange about things, according to Winnipeg-based trader Bill Craddock. | File photo

Crush margins heading up

WINNIPEG, (MarketsFarm) – As canola and other farm commodities made strong gains over the last week, there was something a little strange about things, according to Winnipeg-based trader Bill Craddock. He said crush margins follow prices for edible oils and meal, as well as the Canadian dollar. It’s all part of the formula used to […] Read more

Tame trading keeps canola futures steady

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady on Tuesday, as no one wanted to aggressively push the market either way, according to a Winnipeg-based trader. While canola received support from strong gains in Chicago soyoil, lower soymeal and significantly reduced increases for soybeans weighed on values. The trader noted that farmers […] Read more


Canola starts the week strong

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Monday, due to gains in the Chicago soy complex and a weaker Canadian dollar. The soy complex saw good gains in beans, oil and meal as shipping delays in China and South America pushed up prices. By mid-afternoon Monday, the Canadian dollar was […] Read more

Canada Prairie Red Spring (CPRS) saw the largest increases, with bids up by more than C$20 per tonne. Increases for Canadian Western Red Spring Wheat (CWRS) were in the teens, while those for Canadian Western Amber Durum (CWAD) remained under C$10 per tonne. | File photo

Western Canadian wheat: Bids surge on U.S. gains, weaker loonie

WINNIPEG, (MarketsFarm) – Wheat bids in Western Canada were significantly higher for the week ended March 19, due to gains made in the United States markets coupled with a weaker Canadian dollar. Canada Prairie Red Spring (CPRS) saw the largest increases, with bids up by more than C$20 per tonne. Increases for Canadian Western Red […] Read more



The Conference Board blamed the rail blockades in February for slowing economic growth in the first quarter by 0.3 per cent.   |  REUTERS/Codie McLachlan photo

Signs of recession for Canada says Conference Board

WINNIPEG,(MarketsFarm) – The Conference Board of Canada believes the country is likely heading towards an economic recession. The business think-tank issued its spring outlook on Tuesday, and noted economic growth in the fourth quarter of 2019, “was already on a precarious footing.” Now with the economic downturn stemming from the COVID-19 pandemic, plus the rail […] Read more