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ICE May 2022 canola (candlesticks) with 20- and 50-day moving averages (yellow and dark green lines). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola finding plenty of support

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MarketsFarm — ICE canola futures climbed to fresh contract highs during the week ended Wednesday, as activity in outside markets and canola’s own tight supply situation provided support. “Outside forces help it, but there are also things unique to the canola market that are supportive,” said David Derwin, commodities investment advisor with PI Financial in […] Read more
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets, Peas, Weather

Pulse weekly outlook: Four factors to consider before going with peas

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MarketsFarm — There are four factors to consider before deciding whether to plant dry peas this spring, according to Darryl Domitruk, executive director of Manitoba Pulse and Soybean Growers at Carman, Man. The first is field selection, as peas need to be planted with less residuals such as nitrates, Domitruk said. “Pulses manufacture their own […] Read more
(JohnnyMad/Getty Images)
Crops

Rising prices could lead to more mustard acres

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MarketsFarm — A further tightening in Canada’s mustard supply is the main culprit in recent price spikes for the seed. Yellow mustard in Western Canada has a high-delivered bid of $1.61/lb., up 10 cents from last month and $1.18 higher than last year, according to Prairie Ag Hotwire data. Over the past month, the high-delivered […] Read more
ICE March 2022 canola (candlesticks, right column) with November 2022 canola (yellow line, left column). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Rangebound canola market consolidating

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MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday before uncovering some support, as the commodity remained stuck in a range after trending higher for most of the past year. “Canola is caught in a rangebound, consolidation phase,” said MarketsFarm Pro analyst Mike Jubinville. The relative stability in canola, he said, […] Read more
Members of the Ukrainian State Border Guard Service keep watch at the Kliusy checkpoint near the frontier with Russia in Ukraine’s Chernihiv region on Feb. 16, 2022. (Photo: Reuters/Valentyn Ogirenko)
Crops, Markets

CBOT weekly outlook: Russia-Ukraine conflict causes wheat market volatility

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MarketsFarm — Conflicting reports and accounts from the ongoing geopolitical tensions between Russia and Ukraine have had an effect on the markets, especially on the Chicago Board of Trade (CBOT), over the past week. The March Chicago wheat contract had ranged from $7.65 to $8.15 per bushel during the week, but lack of precipitation in […] Read more
A customer dines at a Burger King outlet in Shanghai on June 27, 2005. (File photo: Reuters/Ming Ming)
Livestock, Markets, Reuters

Tim Hortons, Burger King parent to hike prices

BK pulling Whopper off discount menu

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Reuters — Burger King parent Restaurant Brands International said on Tuesday that it stripped its most famous sandwich, the Whopper, from discount menus and will raise menu prices again this year as to offset higher costs. U.S.-listed shares of the company rose more than three per cent after it topped results estimates for the fourth […] Read more

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