Author: Brennan Turner

Brennan Turner is originally from Foam Lake, SK, where his family started farming the land in the 1920s. After completing his degree in economics from Yale University and then playing some pro hockey, he spent some time working in finance before starting FarmLead.com, a risk-free, transparent online and mobile grain marketplace (app available for iOS & Android). His weekly column is a summary of his free, daily market note, the FarmLead Breakfast Brief. He can be reached via email ([email protected]) or phone (1-855-332-7653).

Limiting pain — This Week in the Grain Markets

Grain markets pushed through the middle of May with a little more volatility under its belt as weather conditions and geopolitical risk in Washington, D.C. and Brazil have created some additional uncertainty. The Canadian loonie gained 1.45% for the week, which should’ve pushed canola lower, but it traded sideways as delayed seeding conditions countered the… Read more »

Today’s questions, tomorrow’s gains — This Week in the Grain Markets

Grain markets pushed through the second week of May with a little more volatility, but not from weather effects, rather, new data. However, the markets ended the week mostly lower as corn was the only winner, up 0.15% since last Friday thanks to ethanol gaining 1% & the usual planting premium. Conversely, soybeans lost 1%… Read more »

Wheat-ing out the noise — This Week in the Grain Markets

Grain markets saw a wild ride to start the month of May as the week started out with big concerns about weather before cooler heads prevailed and bullish gains made earlier in the week were reined in. Oats were the big winner, up 8% since last Friday on the futures board on planting delays. Canola… Read more »

Where Art Thou Plant 2017? — This Week in the Grain Markets

Grain markets ended the month of April on generally jovial terms as weather concerns (AKA premiums) are playing to the minds of the bullish speculators. For the week, oats was the biggest performer, up 5.3%, followed by Chicago’s soft red wheat market, gaining 2.55%. Corn gained 0.5% on planting concerns while soybeans fell 0.55% on the… Read more »

Acreage Predictions, Weather Concerns & Planting Progress — This Week in the Grain Markets

Grain markets dealt with a sideway 3rd week of April thanks to weather concerns, acreage estimates, and planting progress owning headlines. Canola was the biggest winner for the week, up 1.4%, while conversely, oats was the sorest loser, down 0.8%. Corn and wheat were slightly lower, down 0.35% and 0.2% respectively, whereas soybeans gained 0.4%… Read more »

On the Hunt — This Week in the Grain Markets

Grain markets headed into the Easter holiday weekend on a bit more volatility, helping most futures stay in the green. Oats were the big winner, rebounding up 4.15% since last Friday, closely followed by 3.5% and 3.15% by soymeal and corn respectively. The U.S. dollar was the big loser of the week, down 0.6%, which supported… Read more »

One Report to the Next — This Week in the Grain Markets

Grains started the month of April with a little bit of follow-through fanfare from the USDA’s stocks and acreage report on March 31st and some speculation over the start of the North American planting season and end of the first South American harvest. For the week, canola was the winner, gaining 0.9% which was helped… Read more »

Acreage Shifts, Feed Supplies, and Shipping Lanes – This Week in the Grain Markets

Grain markets had a pretty busy week as we head closer to #plant17 with more focus on any little headline to trade off of, since there’s no major changes to production or demand at this time. Canola was the biggest loser of the week, down 4.15% since last Friday, thanks to the combination of lower oil… Read more »

Green Corn Futures and Beer — This Week in the Grain Markets

Grain markets cruised through the St. Patrick’s Day week with not a whole lot of luck as a pot of mostly bearish news was found by the time the green beer started to get poured. Oats and corn were the only grains to celebrate the week in the green, up 1.6% and 0.95% respectively, with… Read more »

Fundamentals vs Speculation — This Week in the Grain Markets

Grains finished the first full week of March on a lower note, mainly due to a stronger U.S. Dollar and a relatively bearish WASDE report from the USDA on Thursday. Oats was the only real winner of the week, up 2.15%, whereas as soyoil was the biggest loser, down 5.5% since last Friday as WTI… Read more »

U.S. Biofuels, E.U. Wheat, and India’s Pulse Imports — This Week in the Grain Markets

As we entered the month of March, grain markets ate up a lot of volatility on U.S. ethanol policy rumours, a stronger U.S. Dollar, and logistics issues in Brazil. Soyoil and canola were the big winners of the week, gaining 5.4% and 3.5% respectively, while corn fared pretty well too, up 2.7% since last Friday’s… Read more »

Accounting For Everything — This Week in the Grain Market

Grains this week trended slightly lower as concerns over crop potential and slowing sales muted any bullish headlines coming from new USDA acreage reports. Canola and oats were down 0.45% and 0.5% respectively compared to a week ago while corn and wheat lost 1.1% and 1.7% each. The soybean complex took the biggest hit though,… Read more »

Above or Below The Line? — This Week in the Grain Market

Grain markets saw a correction this week as more supply and demand numbers out of South American became known, with less focus on the weather on the southern half of the equator. Everything ended the week in the red, with soybean oil being the biggest loser, down 4.85% while soybeans and canola lost 2.2% and 2.05%… Read more »

Playing Teeter-Totter — This Week in the Grain Markets

Grain markets through the first full week of February swayed a bit on geopolitical risk and the market digesting the February WASDE report from the USDA. Wheat was the biggest winner of the week, thanks to smaller-than-expected global stocks in the report, up 4% for the week while, on the flipside, oats was the worst… Read more »

Going Sideways — This Week in the Grain Market

Grain markets ended the month of January on the downtrend thanks to more geopolitical (aka President Trump) risk after reaching new highs the week before on continued weather concerns out of South America. Oats was again the main winner, up 2.55% for the week while wheat wasn’t farm behind, gaining 2.15%. With the Canadian Loonie… Read more »