The grains complex ended the week on the up and up thanks to weather concerns, strong international purchasing, and the Kansas crop tour showing fields that came in below expectations. The oilseed complex was boosted by soybean oil and meal technicals, labour issues in South America, and Chinese buying. On the wheat side, Egypt bought… Read More

Grains all ended the week lower as planting continues south of the 49th parallel with some activity here in Western Canada but things have been slowed by some sporadic, cooler weather. The USDA’s progress report is showing us that corn sowing is slightly behind schedule with the southeast and eastern regions way behind. As a result,… Read More

Grain markets continue to trade a little erratically with analysts mostly focused on acreage estimates and weather forecasts for the northern hemisphere. The wheat complex started the week out strong but lost said strength over the following days as bearish weather and crop condition reports pushed things lower. Also of note though was the U.S…. Read More

More chatter about new crop acres continues to help the grain market trade sideways as we move towards the second half of March. Domestic corn-for-ethanol and soybean crush demand remains fairly strong, as does canola crush here in Canada which is up 20 per cent year-over-year last week, but the strength of the U.S. dollar… Read More

Grain prices ended the month of February a little mixed as corn, soybean, and canola prices all got support in the last half of the month through harvest and logistical concerns out of South American. Lower oil prices have helped keep gains in check for those crops related to the biofuels industry, although strong domestic… Read More

Grain markets ended the month of January well below where they started, despite volatile currencies, weather, and geo-political risk keeping prices off the lows. Managed money continue to drop their net long positions in the agricultural complex recently to its lowest levels since October, mainly thanks to the strength of the U.S. dollar. Investors in… Read More