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).

Ukraine, Weather & Grain: This Week in the Markets

Grains this week were mostly higher as weather concerns and geopolitical risk continued to hang over the market. The oilseed trade was adversely affected by a large stocks number put out by Statistics Canada but has since got some support from an increasing chance of El Nino (bullish for vegetable oils) and Chinese soybean imports… Read more »

Flax Movement, An Icy Lake Superior and Slowed Planting: The Markets This Week

Grain markets this week were up and down with the close of one month, the transition to a new front-month contract, and trade limits changing on the exchanges. Also affecting things were the U.S. Wheat Quality Council’s winter wheat crop tour in Kansas and some violent weather in the Delta. All in all, if there’s… Read more »

Planting Begins and, With It, Volatility: The Markets This Week

If you cannot see the embedded player, click here. Late April has some farmers in Western Canada dusting off the seeding equipment, and there have even been reports of elusive railcars sighted at elevators. This is the backdrop to which grains continue to trade off of weather and the geopolitical situation in Eastern Europe. Concerns… Read more »

The Market This Week: Eastern European Production, Cold Weather & Fertilizer Shortages

Grains are seeing more premium priced in this week as the complex continues to deal with cold weather in North America and the political unrest in Eastern Europe. Due to depreciating currencies and affordable financing available, it’s expected that grain and oilseed acres and production in the Black Sea will decline significantly from last year…. Read more »

This Week in the Markets: Canadian Rail, Demand Shifts & A Record Low U.S. Oat Inventory

If you cannot see the embedded player, click here. The second week of April brought the USDA’s monthly instalment of the world agricultural supply and demand estimates and the numbers were: relatively bearish wheat, bullish soybeans, and bullish corn. Oats year-end inventories were dropped by 10 million bushels to a new record low of 20… Read more »

This Week in the Markets: Friendly News for Corn & Managing Pulse Price Risk

If you cannot see the embedded player, please click here to hear this audio. As we ended the month of March and shovelled our way through “spring” weather in to April, the grain markets were hit with a fairly uneventful Stocks and Acreage report from the USDA. The biggest shock came in the form of… Read more »

An Elevating CWB, Fair Rail and the Threat of War in Russia

If you cannot see the embedded player, click here. The grain trade this week was mostly higher as solid export numbers and lingering concerns over dryness and the political state of Eastern Europe hung over market. With Russian troop numbers building at the Russian-Ukrainian border, more than a few intelligence analysts are reminded of a… Read more »

Market Wrap Up: Dry Weather in the US Wheat Belt, AAFC Acreage Predictions & Geopolitical Wrangling

If you cannot see the embedded player, click here. The week that was saw some more gains earlier in the week reined in Thursday and Friday as trading focused on logistical issues, dry weather in parts of the U.S, Eastern Europe and  Australia. The situation between Russia and Ukraine (and every other nation for that… Read more »

Crimea, WASDE and Canada’s Growing Trade Network

Editor’s note: This is the second edition of a new weekly markets column authored by Brennan Turner, founder of FarmLead. Check out www.FarmLead.com for more, and find Brennan on Twitter as @FarmLead. The second week of March saw some wild price swing as the market focused on Monday’s World Agricultural Supply and Demand Estimates (WASDE) report from the… Read more »

Turmoil in Ukraine, price volatility & the logistics struggle — Persevere!

Editor’s note: This is the first edition of a new weekly markets column authored by Brennan Turner, founder of FarmLead. Check out www.FarmLead.com for more, and find Brennan on Twitter as @FarmLead. Grains in the first week of March were fairly volatile thanks to the situation in Ukraine standing on a razor’s edge. The market… Read more »