Neil Townsend

Grain prices continue to climb

May 10, 2021 | 5:18am

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 […]

Grain market analyst remains optimistic on wheat prices

Apr 5, 2021 | 5:22am

Grain market analyst Neil Townsend anticipates wheat prices could jump 25 to 30 cents a bushel in coming weeks. Townsend, of FarmLink Marketing Solutions, says dry weather in important wheat growing areas of the U.S. and Western Canada and ongoing strong global demand could push wheat prices further upward. Townsend, says strong demand from southeast […]

Wheat prices could jump in the next few months, says FarmLink analyst

Feb 15, 2021 | 1:43pm

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 […]

Wheat prices could jump in coming months

Nov 9, 2020 | 4:46am

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. […]

Wheat prices could jump heading into the winter

Oct 5, 2020 | 4:24am

A grain market analyst expects wheat prices could jump 30 to 50 cents a bushel later this crop year. The chief market analyst with FarmLink Marketing Solutions, Neil Townsend, says Canadian wheat exports are up 30 percent this year and demand remains strong. “I see prices kind of going up now, how much will they […]

Wheat prices expected to rebound after harvest

Aug 31, 2020 | 5:15am

A grain market analyst says wheat prices are under pressure during harvest but he expects a rebound late this year. Senior market analyst with FarmLink Marketing Solutions, Neil Townsend, says abundant world supplies of wheat are pressuring markets this summer but demand should pick up late this fall and during the winter. “We think we’re […]

COVID-19 has boosted wheat demand

May 4, 2020 | 5:28am

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 […]

October Wheat seeing mixed price outlook

Oct 21, 2019 | 5:37am

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 […]

Canola prices improving thanks to better market prospects

Sep 16, 2019 | 5:24am

A grain market analyst says Canola prices have improved in recent days due to better market prospects. Neil Townsend with FarmLink Marketing Solutions said canola prices have strengthened partly due to better trade relations between the U.S. and China. He added there are good opportunities to expand canola exports to the European Union, where it […]

Recently Played

Loading playlist…