WINNIPEG, (MarketsFarm) – With good supplies available, don’t expect to see much movement in prices for feed wheat and barley over the next several months, according to Nelson Neumann, senior trader at Agfinity in Stony Plain, Alta. Neumann said barley currently was around C$223 per tonne Lethbridge delivered and wheat was a little back at […] Read more
Glen Hallick
Stories by Glen Hallick
Farm consolidation key to increasing yields
WINNIPEG, (MarketsFarm) – Consolidating farms – going from numerous small operations to fewer, but much larger farms -is central to improving crop yields, according to the grain industry’s Neil Townsend and Jason Newton. Townsend is the chief market analyst for FarmLink Marketing Solutions, while Newton is the chief economist and head of marketing research for […] Read more
Watershed year for AGT
WINNIPEG, (MarketsFarm) – This year has been a watershed year for AGT Food and Ingredients, according to the company’s president and CEO Murad Al-Katib, who spoke at the recent Grain World Conference in Saskatoon, Sask. Earlier in 2019, AGT was delisted from the Toronto Stock Exchange, as Al-Katib moved to take the company private after […] Read more
Great opportunities exist for Canadian pulses, says AGT president
WINNIPEG, (MarketsFarm) – To Murad Al-Katib the opportunities for Canadian pulse exports to India are amazing, provided one correctly understands the context of India’s tariffs on pulses. Also, he said those Canadian exporters must realize they need to switch from being solely dependent on commodities to adding value by shipping food and ingredients. “We need […] Read more
Canada still exporting lots to China: analyst
Winnipeg,(MarketsFarm) – Ivy Li brought a much different perspective about China to the Grain World Conference in Saskatoon, Sask. Specializing in Chinese agricultural markets, the Beijing-based independent analyst veered away from the usual statements that often cast China as the bad guy on the world stage. Also, Li pointed out that Canada has been doing […] Read more
Geopolitics back dominating global relations
Saskatoon, Nov. 28 (MarketsFarm) – Geopolitics is again shaping the international scene, including China, Jacob Shapiro explained on Nov. 27 at the Grain World conference in Saskatoon, Sask. Geopolitics resulted in catastrophic global wars and generated very little peace for close to a century. The Director of Analysis for Geopolitical Futures, Shapiro said the concept […] Read more
Propane shortage in U.S. Midwest not affecting Canada
Despite the ongoing shortage of propane in some areas of the U.S. Midwest, the situation doesn’t appear to be adversely affecting Canada, according to the Canadian Propane Association. The late harvest in the Midwest has been further hampered by wet conditions, forcing farmers to dry their grain before putting it in the bin. Demand has […] Read more
FCC report sees opportunities for pulse exports
WINNIPEG (MarketsFarm) – The Farm Credit Corporation (FCC) released its report titled Diversifying Canada’s agriculture exports on Tuesday, which included pulses. The 16-page report also looked at some of the pros and cons to diversifying Canada’s wheat, canola and soybeans. “Canada has done extremely well in establishing strong trade relations in a number of key […] Read more
Canola futures steady; wheat mixed
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Friday, as stronger Chicago soyoil prices and a slightly weaker Canadian dollar provided support. After losses on Thursday, Chicago soyoil bounced back a bit in regaining about a fifth of a cent. Saskatchewan released its final crop report for 2019 on […] Read more
Canola stays within range; wheat weaker
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Thursday, as the trend of higher soyoil prices and a lower Canadian dollar were reversed. Soyoil lost about a half of a U.S. cent per pound today on the Chicago Board of Trade. The loonie was stronger at mid-afternoon Thursday at 75.30 U.S. […] Read more
