grain markets Archives - Alberta Farmer Express

The scramble is on for canola

By Reuters 4 days ago

Reading Time: < 1 minute The country’s smallest canola harvest in 13 years is forcing importers such as Japan and Mexico to pay more or scramble for supplies elsewhere. Both export markets and domestic crushers are coming up far short of normal supplies. Exports were only 388,000 tonnes in the first seven weeks of the new crop year (which began […] Read more

The drought just blasted Justin Bell’s wheat crop near Rosebud, northeast of Calgary. Yields of only 40 to 60 per cent of normal are common but taking advantage of soaring prices is a way to mitigate some of the loss, say market experts.

Crops, Grain Markets

Make the best of a bad year with astute grain marketing, say experts

Soaring wheat prices could go higher still, but get advice and be nimble, say market watchers

By Jennifer Blair August 25, 2021

Reading Time: 5 minutes Drought conditions across Western Canada and elsewhere have driven wheat yields down — and wheat prices up. “I’m having trouble remembering any time in history where we have seen prices for fall delivery ahead of harvest this high,” said Mike Jubinville, senior market analyst with MarketsFarm. “It’s not the all-time record high for wheat prices […] Read more

Canola, Markets

ICE weekly outlook: Major canola supply issues ahead

By Glen Hallick - MarketsFarm, GFM Network News August 11, 2021

MarketsFarm – There’s a looming problem that’s on the verge of surfacing in the Canadian canola market – many growers will be unable to fulfill their contracts due to lower production. The drought across the Prairies dashed canola production estimates from the initially anticipated 20 million tonnes, to something that could be in the range […] Read more

Grain Markets, News

Will seasonal grain pricing hold this year?

By Alberta Farmer Staff July 6, 2021

Reading Time: < 1 minute If you’re expecting history to repeat itself, sell some canola soon or wait until post-harvest. Prices tend to follow a set pattern over the course of the year, says provincial crops market analyst Neil Blue. A chart using price data from 2011 to 2020 and a baseline of 100 shows prices rise to above 104 […] Read more

Canola, News

Wide base of customers aids canola market

By Alberta Agriculture and Forestry February 12, 2021

Reading Time: < 1 minute Demand from China has been the headline factor in the price rise for canola (and a lot of other commodities) but the oilseed is also benefiting from a diversified export base, says provincial market analyst Neil Blue. While China has greatly ramped up its purchases and long-term buyer Japan sits in the No. 2 spot, […] Read more

Unlike price jumps caused by supply shortages, which tend to be short lived, it’s a rise in demand that’s pushing grain and oilseeds to all-time highs, says market analyst Mike Jubinville.

Crops

Grain prices reach near-record highs with no end in sight

They could go higher yet, but take advantage now to lock in some of next year’s crop, say experts

By Jennifer Blair January 27, 2021

Reading Time: 4 minutes The best cure for high prices is prices — as the old saying goes — but Canadian grain producers may be able to ride the current highs for a little longer yet. “We’re approaching all-time highs in a number of commodities right now, and historically, the faster things go up, the faster they inevitably go […] Read more

Markets

2020 grain market review: The year that felt like a decade

By Phil Franz-Warkentin - MarketsFarm, GFM Network News December 30, 2020

MarketsFarm – The column in this space a year ago led with the line ‘the more things change, the more they stay the same.’ That line was a jumping off point for a decade-in-review piece pointing out some of the through lines of the grain markets during the previous ten years. Well, the pandemic hit […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: High demand keeps bids strong

By Marlo Glass – MarketsFarm, GFM Network News November 13, 2020

MarketsFarm — Feed grain prices in Western Canada have come off of recent highs but remain “higher than what feeders like to see.” That’s according to Brandon Motz of CorNine Commodities ar Lacombe, Alta., who said feed grains are still in a “high-demand market,” with spot prices for feed barley and wheat around $260-$265 per […] Read more

Canola, Markets

Managed money backing out of bearish canola bets

By Phil Franz-Warkentin - MarketsFarm, GFM Network News July 27, 2020

MarketsFarm – Fund traders were backing out of bearish bets in canola while actively putting on new longs during the week ended July 21, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in […] Read more

Exports of wheat have been strong during the pandemic and while prices aren’t great, there’s a chance they could see an upswing in the winter.

Grain Markets, News

Wheat could be a pleasant surprise on the upside this winter

A lot of grain has moved during the pandemic, analysts are hoping for some ‘fireworks’ in the market

By Alexis Kienlen July 16, 2020

Reading Time: 4 minutes The market for Canada’s wheat shows promise, even if no one can say that it’s going to be a clear winner. “It’s not like we’re going to see the doubling of prices,” said Brennan Turner, chief executive officer of FarmLead. “There are a number of variables that are likely to push wheat prices higher than […] Read more

Another La Nina winter predicted

Canada to wind down broad-based COVID aid programs

U.S. livestock: CME lean hogs fall on sluggish export sales

GFM Network News