WINNIPEG – Pending the release of United States Department of Agriculture (USDA) reports on Feb. 8, trading on the Chicago Board of Trade (CBOT) has remained quiet, according to one broker, who was cautious about U.S. soybean sales to China. Following the 35-day partial U.S. government shutdown that ended on Jan. 25, the USDA will […] Read more
Glen Hallick
Stories by Glen Hallick
Coming U.S. oil sanctions on Venezuela could benefit Canada
WINNIPEG – How Canada benefits from the oil sanctions the United States plans to place on Venezuela is contingent on the country’s ability to move its Western Canadian Select crude oil to U.S. refineries, said two oil industry experts. As part of an effort to effect regime change in Venezuela, U.S. President Donald Trump announced […] Read more
Prairie feed wheat, barley prices still looking good
WINNIPEG – The prices for feed wheat and barley in Western Canada are doing pretty good, according to Nelson Neumann of Agfinity in Edmonton, Alta. Feed wheat is up to $6 per bushel in the Edmonton area and about C$250 per tonne in the Lethbridge area he said. Feed barley was still quite strong, although […] Read more
Quiet market waiting on trade talks, USDA reports
WINNIPEG – ICE canola futures is quiet at the end of January, but could see some movement from outside influences in the coming weeks, according to Exceed Grain Senior Marketing Analyst Wayne Palmer. “Everybody is waiting to see what’s going to happen with the Chinese/United States (trade) talks,” Palmer said. Two days of high level […] Read more
Unusual third assessment for Livestock Tax Deferral
WINNIPEG – In an unusual move Agriculture and Agri-Food Canada has undertaken a third assessment for the Livestock Tax Deferral. “Federal officials are currently finalizing the analysis to identify whether any additional regions have met the criteria for the Livestock Tax Deferral,” said Agriculture Canada spokesperson James Watson. Under the Livestock Tax Deferral, cattle producers […] Read more
Western Canadian wheat bids make gains in most locations
WINNIPEG – Wheat bids in Western Canada were largely up for the week ended Jan. 25 supported by gains in most of the United States futures markets as the Canadian dollar was steady on the week. Average Canadian Western Red Spring (13.5 percent CWRS) wheat prices were up C$1 to C$5, except in eastern Manitoba […] Read more
Western Canadian wheat bids up with U.S. futures as dollar changes little
WINNIPEG – Wheat bids in Western Canada were mostly down for the week ended Jan. 18 supported by gains in most of the United States futures markets as the Canadian was virtually unchanged for the week. Average Canadian Western Red Spring (13.5 percent CWRS) wheat prices were up C$2 to C$3, according to price quotes […] Read more
Beyond health and safety, glyphosate raises milling questions
WINNIPEG – There’s more to the controversy surrounding glyphosate than whether the weed-killing chemical is safe to use or not. One miller has said they found oats and other grains treated with pre-harvest glyphosate doesn’t mill as well as untreated grains. Since 2015, Grain Millers Inc. has had a glyphosate-free policy on oats in place, […] Read more
No USDA reports taking its toll on markets
WINNIPEG – The lack of reports coming from the United States Department of Agriculture (USDA) because of the partial U.S. government shutdown is taking its toll on the Chicago Board of Trade, said Steve Georgy, president of Allendale Inc. in McHenry, Ill. The partial shutdown of the U.S. government, as of Jan. 16, is in […] Read more
Oats – charts pointing towards a pullback
WINNIPEG – If you’re looking to sell some of your oats, now is the time to do it, according to Ed Baldwin, manager advisory services and grain marketing for AgChieve Grain Marketing Experts in Winnipeg, Man. “We contacted our clients and said ‘hey, if you got oats you want to sell, price them today,'” said […] Read more
