Grain Growers of Canada calls for quick passage of USMCA

WINNIPEG, (MarketsFarm) – The Grain Growers of Canada (GGC) have called upon the federal government to ratify the United States-Mexico-Canada Agreement (USMCA) as soon as possible. The USMCA is also known as the Canada-U.S.-Mexico Agreement (CUSMA). “Our farmer members across Canada need a stable market to succeed and to grow. By signing this historic agreement, […] Read more

Canola futures hold steady

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed on Wednesday, as market activity remained largely range-bound. Forecasts across the Prairies are turning unseasonably cold and rainy later this week, with instances of snow in some regions. That’s likely to inject a weather premium back into markets, as harvest continues to be delayed. […] Read more

Rainy weather strengthens canola futures

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly stronger on Tuesday, as delayed harvest activity provided support to the market. Cold, rainy weather, with the potential for snow in some areas of the Prairies, has significantly delayed harvest progress. Approximately one third of the canola crop is currently harvested. Soybeans on the […] Read more

Saskatchewan harvest begins, behind pace

WINNIPEG, (MarketsFarm) – Swathing and combining were underway as of the week of August 6 to 12, according to the Saskatchewan crop report released on Thursday. At this point the harvest was behind the five-year average of four per cent complete and last year’s pace at this time of five per cent. The fall rye […] Read more

Canola, most crops weaker in futures

WINNIPEG,  (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Wednesday, due to the weather forecast and spillover from the Chicago Board of Trade. Showers and thundershowers have been forecast for most of the Prairies through to the weekend. Daytime highs are to be in the mid-teens to low 20’s Celsius. “A little […] Read more

Weather concerns boost canola; corn rally spills over into wheat

Winnipeg, (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday as ongoing Prairie weather concerns provided support. A large portion of central and southern Saskatchewan continues to miss out on any significant shower activity, leading to uncertainty over the size of this year’s canola crop. However, the large old crop carryout and ongoing […] Read more