This week the USDA report really smacked the commodity market into a downward spiral on Wednesday. Most people said that the negative reaction was an over reaction but still it does wake some farmers up to the potential downward snap that this market can take. As Jon Driedger, FarmLiunk Marketing discusses below, this is great… Read More
Search Results for: jonathan driedger
Markets go up and markets go down. In the last thirty days canola has taken quite a run in multiple directions. Is it overbought, oversold or just right. Ask all of us in November. The trading range of $500 – $600 per tonne seems to be a real opportunity to trade the range but for… Read More
Today the CWB released the October PRO’s and the result was a modest increase in comparison to what some thought. With the recent run in corn, the coarse grain complex has some bullish weight behind it. To wrap up the PRO’s, I talked to Jonathan Driedger from FarmLink Marketing Solutions. (SEE THE VIDEO BELOW) One… Read More
Last week’s USDA report managed to bring one notable surprise to light. Soybean yields were actually much higher than anticipated. While that may have been a welcome surprise to farmers and is overall a good news story, there will be a bit of an adjustment period while a market, that doesn’t really like surprises, adjusts… Read More
Does the canola market have room to climb further? Supply seems to be one of the main factors in the bid for a major break through $600/MT . Carry over from 2010 wasn’t that big, and demand is still good with crushers still processing. There are other reasons to think that supplies will remain tight… Read More
The new crop PRO’s were released at GrainWorld and the trend still seems to be strong for wheat. In Western Canada wheat acres will be up with the strong competitive prices that are being offered. Wheat is a good cropping option this year which is one of the reason many analysts are expecting pulse acres… Read More
Just when you think the wheat market is stable and that the supply and demand equation is fully priced in the market……BOOM!!!!!! Russia and some neighbouring countries decide to have a drought and WALLA!!!……The market have decided to go 2007 on us again. Who can stomach this volatility and craziness? Is this real or just… Read More
In the Canadian Wheat Board’s effort to provide more options to the Western Canadian farmer the FlexPro contract is back again. The deadline for signing up for the program is the end of the month. I talked to Jonathan Driedger, FarmLink Marketing Solutions on the advantages and disadvantages of the program and whether or not… Read More
Just how important is the European Union canola (rapeseed) market? According to LeftField Commodity Research, the region had more than doubled its year-over-year canola imports up to mid-March of this year, offsetting nearly half of the Canadian tonnage that would have been sold to China. That’s a significant increase, says Jonathan Driedger with LeftField, driven… Read More
Making her RealAg Radio debut, Jessika Guse — the newest RealAgriculture team member — joined host Shaun Haney to discuss today’s biggest stories in agriculture. On today’s show, you’ll hear about: The EU trade deal with the U.S. on soybeans and the possibility of no tariffs How Canadian and Mexican officials are meeting prior to… Read More
Grain and oilseed markets were green across the board on Tuesday after the USDA and Statistics Canada dropped a heavy load of new information into the market. The USDA released updated acreage and stocks estimates while StatsCan shared its acreage projections based on a farmer survey in early June. New crop soybean futures jumped more… Read More
Are you having trouble looking down the line at the canola markets? You’re not alone. There are a number of sources sending mixed signals to producers. On one hand when we look at the charts, we see that the January-March futures indicate a strong sell (according to Barchart). On the other hand we see fundamentals… Read More
Corn is the story that keeps on telling. With USDA revising yields and ending stocks lower in the US, the farmers with decent yields have enjoyed some great returns this year. I have even seen some corn acre forecasts for 2011 being discussed on CNBC’s Squawk Box. When there is this much hype and… Read More
It is amazing how a lack of volatility in today’s feed grain markets almost makes a person nervous. Feeders and farmers don’t seem believe that the corn and barley markets can actually sit still and hold a broad trading range. It really is unbelievable how we have moved from an industry that expected feed prices… Read More
As I mentioned two weeks ago, 2010 is the year of indecision and that continues. On Wednesday the USDA released its 2010 acreage forecast and ending stock report. It is hard to not hear the reports and think that there is a bit of a bearish tone to the all the commodities involved. For example wheat… Read More