Grain market analyst Neil Townsend sees wheat prices peaking at over $12.00 a bushel this year. Prices are hovering around $11.30, and Townsend sees ongoing strong demand pushing up prices. Townsend says prices are rising due to drought and strong world demand.
Hot dry weather is a key influence on grain markets this July. The senior analyst with FarmLink Marketing Solutions, Neil Townsend, says wheat prices could jump another a dollar per bushel and canola up $85 a ton. Townsend says wheat futures could reach $10 a bushel and canola $1,000 per metric ton this fall due […]
Grain prices in Saskatchewan continue to push into record and near record levels. Canola futures jumped 137 dollars a ton last week and wheat rose 33 cents a bushel. FarmLink Marketing Solutions analyst Neil Townsend says strong demand and dry weather continue to push up prices. “We need to see some big relief for that […]
A grain market analyst says wheat prices in Saskatchewan could jump as much as 50 cents a bushel in the next few months. The chief analyst at FarmLink Marketing Solutions, Neil Townsend, says there is a lot of uncertainty in grain markets due to several factors, including COVID-19. He says wheat is expected to increase […]
A grain market analyst expects spring wheat prices could jump 35 to 70 cents a bushel in coming months. FarmLink Marketing Solutions market analyst Neil Townsend says strong world demand for wheat, particularly from China, continues to push markets upward. “We don’t see prices getting really super high from where we are today,” said Townsend. […]
A grain market analyst says the COVID-19 outbreak has resulted in strong demand for wheat. The senior analyst with FarmLink Marketing Solutions, Neil Townsend, says spring wheat prices will likely hover around the $6.50 a bushel mark. “High degree of variance depending on the geography you’re in, but I think right now, the price can’t […]
There’s a mixed price outlook for wheat being harvested this month in tough and damp condition across Saskatchewan. The senior market analyst with FarmLink Marketing Solutions, Neil Townsend, sees a highly variable price forecast this fall. He suggests a target price for high grade wheat is $7.00 a bushel. “A price of about $7.00 for […]
