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Tag Archives basis levels

Canola, Crops, Markets

ICE weekly outlook: Farmers advised to price some new crop

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ICE Futures canola contracts held within a narrow trading range during the week ended Wednesday, as participants await fresh market-moving news. While the sideways trading range could persist in the near term, an analyst said new-crop futures were at decent levels and encouraged farmers to do some forward pricing. The November canola contract settled Wednesday […] Read more
Canola, Crops, Markets

ICE weekly outlook: Rising canola watching weather

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CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as weather concerns mounted across the Canadian Prairies. While it’s still early in the Canadian planting season, persistent cool and wet conditions in many areas could lead to delays, said Mike Jubinville of ProFarmer Canada. Uncertainty over how much canola […] Read more
Canola, Crops, Markets

Canola basis levels seen hanging steady

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CNS Canada — Despite a turbulent start to the week for most commodities due to China’s stock market crash, basis levels for canola remain relatively attractive in Manitoba and much of the Prairies, according to an industry watcher. Canola growers have been receiving cash prices of roughly $10.50 in Manitoba and parts of Saskatchewan, said […] Read more
Opinion, Spring Wheat, Winter Wheat

Are Prairie farmers still keen to move grain?

Canadian Grain Commission data shows deliveries 
to elevators have slowed considerably

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The pace at which the handling and transportation system has been able to move grain off the Prairies and into export markets this spring has almost certainly exceeded all expectations. But the data through to late July has raised a new question: Are Prairie farmers still keen to move all the exceptional 2013 harvest? What’s […] Read more
Crops

What’s on your mind? Question #1 from Alberta Farmer readers

Carry-out and wheat prices

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EDITOR’S NOTE: We asked a sampling of producers what was on their mind as they were headed into the growing season, and then reporters Alexis Kienlen and Jennifer Blair went looking for answers. Bin buster Bentley-area grain producer Jason Lenz asks, “How will the large carry-over affect new-crop wheat prices?” It’s the world market that sets […] Read more

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