The July Canola contract was down 10 dollars a metric ton, just above 700 dollars for the week, while the July Minneapolis Wheat contract was down 14 cents a bushel to around $8.25. That’s according to Future Commodity Advisor with P.I. Financial Adam Pukalo, who says July Minneapolis Wheat had a nice rally on Wednesday, […]
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.
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 […]
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. […]
