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
ICE weekly outlook: Farmers advised to price some new crop
Millers likely to see tighter oat supplies
CNS Canada — Oat prices are on the rise as millers attempt to secure supplies amid a difficult harvest. “As of right now, it will be tight for everybody. The thing is there’s so much still to be harvested. If they get it off it might not be the best. Some of it will be […] Read more
Feed weekly outlook: Optimism takes pressure off Prairie grains
CNS Canada — Following recent rains across Western Canada, producers have opened their bins and are selling grain again for feed, taking some pressure off of the market. “It’s some relief from the rain that’s happened across the Prairies in the last two weeks. It’s allowing producers to comfortably sell the rest of their old-crop […] Read more
Feed weekly outlook: Feed grains slip, but still solid overall
CNS Canada — Feed barley prices may have come down slightly from their highs earlier in the spring, but remain solid overall, according to an Edmonton-based merchant. Dry weather and the late spring created some uncertainty in the market, and led to opportunities for some growers, said Samantha Metcalfe, a grain trader with Market Master […] Read more
ICE weekly outlook: Rising canola watching weather
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
Cyber-Savvy Farmer
