WINNIPEG, (MarketsFarm) – There needs to be some kind of firm, tangible action when it comes to the partial trade agreement between the United States and China, said Steve Georgy of Allendale Inc. in McHenry, Ill. He pointed to China, which recently said it wants some of the tariffs the U.S. has on its imports […] Read more
Glen Hallick
Stories by Glen Hallick
Canola futures steady amid light trading
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to lower on Tuesday, amid light trading activity and low spreading volumes. The Canadian dollar dipped just below 76 U.S. cents on Tuesday afternoon, providing some support to canola values. However, canola values remained largely range-bound, about C$10 above contract lows. The United States […] Read more
Canola futures drop slightly
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished slightly higher on Friday, as bids are expected to fluctuate either side of steady for the next few months, according to a trader. He also noted that volumes were significantly lower today, as speculators finished rolling out of their November contracts yesterday. The Prairie harvest […] Read more
Western Canadian wheat: Bids mixed as loonie retreats from highs
WINNIPEG, Nov. 1 (MarketsFarm) – Wheat bids in Western Canada were mixed for the week ended Oct. 31. Canadian Western Red Spring Wheat (CWRS) was lower, while Canada Prairie Red Spring (CPRS) was steady to lower. Canadian Western Amber Durum (CWAD) was steady to higher. The Canadian dollar dropped almost a half cent from three-month […] Read more
Harvest progress, soy weaken canola futures
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished weaker on Thursday, due to pressure from Chicago soyoil and the continuing Prairie harvest. At the Chicago Board of Trade, soyoil lost almost a quarter of a cent, which helped to pull down canola values. The Prairie harvest has continued despite difficult conditions. In Manitoba, […] Read more
Canola futures fluctuate, but finish stable
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished slightly lower on Wednesday, after a session that had good amount of fluctuations either side of steady. Some direction came from the Chicago soy complex, which finished lower, but was also switching between green and red throughout the day. Pressure also came from the slowly […] Read more
Saskatchewan farmers make good progress
WINNIPEG, Oct. 24 (MarketsFarm) – Farmers throughout Saskatchewan made good progress in their harvesting over the last week, according to the province’s latest weekly crop report. With little precipitation during the week ended Oct. 21, the harvest rose from 69 to 83 per cent complete province-wide. However, it’s still 10 points behind the average pace. […] Read more
India market likely pushing up prices
WINNIPEG, Oct. 22 (MarketsFarm) – Faced with weather concerns surrounding its pigeon pea crop, India has been very likely buying lentils from Canada, said MarketsFarm analyst Mike Jubinville. Over the last month, prices for large green lentils have jumped 25 per cent because of issues with pigeon peas, said Jubinville. Green lentils can be substituted […] Read more
Kenny, Moe among those riled over election outcome
WINNIPEG Oct. 23 (MarketsFarm) – Conservatives have remained up in arms over Monday’s federal election results, which saw the federal Conservative Party dominate Western Canada, especially the Prairies. And that includes drawing the ire of Alberta Premier Jason Kenny and Saskatchewan Premier Scott Moe. Of the country’s 338 federal constituencies, 104 are in Western Canada. […] Read more
Canola futures drop slightly.
Winnipeg, Oct. 21 (MarketsFarm) – ICE Futures canola contracts were weaker on Monday, as a firmer tone in the Canadian dollar and speculative selling pressure weighed on values. Seasonal harvest pressure also weighed on prices, as heavy farmer deliveries are filling up the commercial pipeline despite the ongoing delays in many areas. About 35 per […] Read more
