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Tag Archives new-crop

Barley south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Old-, new-crop barley prices converge

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MarketsFarm — Feed grains prices have been softening as old-crop and new-crop prices converge during harvest. Tracy Green, a grain broker with Market Master Ltd. in Edmonton, said Feedlot Alley is “well-covered” and waiting for harvest. However, buyers in central Alberta are seeing prices around $237 delivered for old-crop barley. For deliveries into Lethbridge for […] Read more
ICE November 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola watching pre-harvest weather

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MarketsFarm — ICE canola futures held rangebound during the week ended Wednesday, with uncertainty over new-crop production likely to keep some caution in the market over the next few weeks. “Canola is very attractively priced right now,” said Ken Ball of PI Financial in Winnipeg, noting crush margins have improved significantly in recent weeks to […] Read more
(ShaunL/iStock/Getty Images)
Crops, Markets, Oats, Weather

Oats market solid, watching weather

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MarketsFarm — Tight old-crop supplies are keeping oats prices well supported in Western Canada, although buyers are covered for the time being and waiting for a clearer picture on new-crop production. “It’s tough to find old-crop demand currently, as many larger-scale end-users are covered,” said Ryan McKnight of Linear Grain at Carman, Man. Most buyers […] Read more
ICE May 2019 canola with Bollinger (20,2) bands. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: More losses likely for soft canola

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ICE canola futures fell to fresh contract lows during the week ended Wednesday and could be due for more losses with little supportive news on the horizon. “Unfortunately the technicals and fundamentals are tremendously bearish,” said analyst Wayne Palmer of Exceed Grain Marketing, adding “fresh contract lows breed fresh contract lows.” While optimism over trade […] Read more
ICE November 2019 canola with 20- and 100-day moving averages. (Barchart)
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
(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Optimism takes pressure off Prairie grains

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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

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