Glen Hallick - MarketsFarm Archives

USDA makes some changes to Canadian, world crop estimates

By Glen Hallick - MarketsFarm 4 days ago

MarketsFarm — Corn planting in Canada has been a struggle this year much like for farmers in the U.S., according to Tuesday’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA). USDA’s May WASDE report estimated Canadian corn production at 15.4 million tonnes, but wet conditions in Eastern Canada saw […] Read more

Crops

Ginseng exports not in trouble as claimed

By Glen Hallick - MarketsFarm 4 days ago

MarketsFarm — China has not halted its ginseng imports from Canada despite allegations to the contrary, a spokesperson from Ginseng Ontario says. Rebecca Coates, executive director for Ginseng Ontario, said China is only one of many export destinations for Canadian-grown ginseng. Other major buyers include Hong Kong, Taiwan, Singapore and Europe. An official from another […] Read more

Crops, Markets

CBOT weekly outlook: What happens with corn, will happen to soybeans

By Glen Hallick - MarketsFarm 4 days ago

MarketsFarm — Although there were no major changes to soybeans in June’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture, the commodity’s price shot up on the Chicago Board of Trade. USDA on Tuesday issued its monthly WASDE report, in which estimated U.S. corn production was lowered by nine per […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Planting report spurs farmer selling

By Glen Hallick - MarketsFarm May 29, 2019

MarketsFarm — Soybeans on the Chicago Board of Trade (CBOT) are trying to play catch-up in what has become a weather market, according to Steve Georgy of Allendale Inc. Corn planting in the U.S. was far behind its five-year average due to persistent wet conditions, he said, and that created the scenario of U.S. farmers […] Read more

Crops, Lentils, Markets

Pulse weekly outlook: Lentils stable after recent price increases

By Glen Hallick - MarketsFarm May 28, 2019

MarketsFarm — Prices for red and green lentils have stabilized after they increased, according to Marcos Mosnaim of Globeways Canada in Mississauga. Red lentil prices began to rise about two to three weeks ago, he said, as shipments were made to India with the exporter increasing the price. “I would love to see a firm […] Read more

Crops, Peas

Manitoba ag minister upbeat about peas

By Glen Hallick - MarketsFarm May 26, 2019

MarketsFarm — Earlier this month Manitoba’s minister of agriculture, Ralph Eichler, took to Twitter to sing the praises of dry peas. “Peas will become the next successful crop in Manitoba. Thank you for believing in the future,” Eichler tweeted. Part of the minister’s optimism stems from global corporate giant Roquette constructing the world’s largest pea […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Factors come together to boost prices

By Glen Hallick - MarketsFarm May 15, 2019

MarketsFarm — A combination of three factors have contributed to the bounce in prices at the Chicago Board of Trade, according to Rich Feltes of R.J. O’Brien in Chicago. “It’s the convergence of the middle of May, which is a critical time and the confirmation that planting is not only delayed, but it’s in for […] Read more

Canola, Crops, Markets

ICE weekly outlook: Little for canola bids to stand on

By Glen Hallick - MarketsFarm May 8, 2019

MarketsFarm — There wasn’t much available to sustain a bounce in canola prices, from where David Derwin sits. “It’s really tough to say. We had canola drop so much over the last couple of months and sometimes it’s ‘buy the rumour, sell the fact,’” said Derwin, a commodities portfolio manager with PI Financial in Winnipeg. […] Read more

Crops, Soybeans

Uncertainty could bring changes to soybean acres

By Glen Hallick - MarketsFarm May 2, 2019

MarketsFarm — At this time soybean acres in Canada have been projected to be down this year for a few reasons — not only because of trade issues with China, but also due to back-to-back dry years and declining prices. Statistics Canada’s 2019-20 principal field crop acreage report, released April 24, estimated 5.65 million acres […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Weather, trade talks strong influences

By Glen Hallick - MarketsFarm May 1, 2019

MarketsFarm — Forecasts calling for more precipitation in the U.S. and trade talks with China are having powerful effects on prices at the Chicago Board of Trade this week from where one analyst sits. Steve Georgy of Allendale Inc. in McHenry, Ill. said the forecast has been driving soybean prices to new contract lows. Already […] Read more

Senior P.E.I. ag official to fill deputy minister post

Visible Canadian canola stocks back above one million tonnes

U.S. livestock: CME lean hogs slide on fund liquidation

GFM Network News

Senior P.E.I. ag official to fill deputy minister post

Visible Canadian canola stocks back above one million tonnes

U.S. livestock: CME lean hogs slide on fund liquidation

Author Archives Glen Hallick - MarketsFarm

USDA makes some changes to Canadian, world crop estimates

Ginseng exports not in trouble as claimed

CBOT weekly outlook: What happens with corn, will happen to soybeans

CBOT weekly outlook: Planting report spurs farmer selling

Pulse weekly outlook: Lentils stable after recent price increases

Manitoba ag minister upbeat about peas

CBOT weekly outlook: Factors come together to boost prices

ICE weekly outlook: Little for canola bids to stand on

Uncertainty could bring changes to soybean acres

CBOT weekly outlook: Weather, trade talks strong influences

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 14, 2019.

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