Reading Time: < 1 minute The relatively stable feed barley market in southern Alberta is starting to show signs of softening, as seasonal market factors cause demand to back away. The market is still working to ration the old crop until the new crop arrives, said Allen Pirness, a feed grains trader with Market Place Commodities in Lethbridge. However, now […] Read more
Seasonal downturn weighs on feed barley
Canola’s highs appear to be in for the summer
Reading Time: 3 minutes ICE Futures Canada canola contracts bounced around during the week ended May 25, initially posting declines before climbing back to finish with small gains in most months by Friday. The bounce on Friday could be seen as supportive from a technical standpoint, but the general consensus right now seems to be that the highs are […] Read more
Canola markets take a tumble
Bearish Great spring seeding conditions and the potential for record canola acreage contributed to the bearish market sentiments last week
Reading Time: 3 minutes Canola contracts on the ICE Canada platform experienced some significant losses during the week ended May 11. The sharp sell-off in the CBOT soybean complex helped to encourage the downward price slide as did renewed macro-economic issues which triggered some aggressive liquidation of long positions by speculative fund accounts. The triggering of sell-stop orders on […] Read moreIn the hazy world of organic grain marketing, growers turn to “speed dating” to meet buyers
maintain rotations Experts say growing last year’s hot sellers inevitably leads to a glut and low prices
Reading Time: 3 minutes Growing organic crops can be tough. Finding reliable buyers even tougher. A recent matchmaking event was aimed at helping the two sides of the organic supply and demand equation meet in the hopes that the industry might go forth, be fruitful, and multiply. “It’s speed dating,” said Laura Telford, an organic business development specialist with […] Read moreCanola acreage may be higher than StatsCan forecasts
China It remains an active buyer and there are indications that more shipments are likely
Reading Time: 3 minutes Old-crop canola contracts climbed to new highs on the ICE Futures Canada platform during the week ended April 27, as the tight supply situation in Western Canada provided underlying support. Commercials were also scrambling to cover their short positions rather than be forced to make deliveries on the nearby May contract before it comes off […] Read moreHigh Alberta feed barley bids spur demand switching
Reading Time: 2 minutes The continuing upward trend in Alberta old-crop feed barley cash bids over the past few months is seen to be making other feed grains more attractive to buyers. “We’ve seen inclusion rates of feed wheat go up, so feedlots are buying more feed wheat because it’s more cheaper than feed barley,” said Jim Beusekom, a […] Read more
Fewer U.S. soybean acres bode well for canola
Ever larger Some analysts are talking up 23 million acres of yellow flowers this year
Reading Time: 3 minutes ICE Futures Canada canola contracts climbed sharply higher during the week ended March 30, hitting their strongest levels in over six months and settling just below contract highs at the end of the week. Canola first rose on the back of the tightening supply situation in Western Canada and solid export demand, but saw another […] Read moreHedging strategies if you’re selling grain in U.S. dollars
Options An example of protecting against currency moves with a combination of calls and puts
Reading Time: 3 minutes If you sell product to the U.S., as many Canadian businesses do and want to protect yourself, you are probably asking what to do if the loonie is worth more than a U.S. greenback, which it has been again recently. With many risk-management tools available today, what is the best strategy for you in your […] Read moreRising canola futures find point of resistance
Warm weather The early spring in the U.S. was seen encouraging farmers to start planting corn rather than soybeans
Reading Time: 3 minutes Canola futures on the ICE Futures Canada trading platform moved higher during the week ended March 16. Concerns about the record pace of usage and the resulting depletion of old-crop canola stocks stimulated some of the upward price action. Chart-related speculative fund buying interest also contributed to the price advances. Much of that buying was […] Read moreADM offers EU canola program
Certification To comply, a supplier’s entire supply chain must meet the European standard for sustainability
Reading Time: 2 minutes A major Prairie canola processor that’s certified to crush “sustainable” feedstock oils for the European biodiesel market has set up a program to certify its canola growers. ADM (Archer Daniels Midland) Agri-Industries at Lloydminster, Alta. has launched what it’s dubbed the Sustainable Grower Program, following its own certification through International Sustainability and Carbon Certification (ISCC). […] Read moreCyber-Savvy Farmer
