A conundrum. A quagmire. An imbroglio. Quite simply put, we’re in a bit of a predicament between some very wet conditions creating production concerns in Western Canada and the northern U.S. states, but also because the market it chewing through a neutral-to-bearish report from Statistics Canada on Friday, June 27th and a surprising USDA report… Read More

Grain markets continue to be depressed by favourable crop conditions, especially in the U.S. where the corn crop was most recently rated as 76 per cent in good-to-excellent condition while the U.S. soybean crop was rated as 73 per cent G/E. This is the fifth-best and best ratings for mid-June on record. University of Illinois… Read More

Many grain market participants are blaming the end of the calendar month as the reason for some sharp losses this week, as funds try to shore up their books and withdraw cash to pay off clients requesting their investment back. It’s interesting to note that managed money went net short in Chicago last week and… Read More

Grains have traded relatively lower this week as a relatively bearish outlook from the U.S.D.A. last Friday but a bit of a damper on the market. Corn and wheat prices have taken the biggest hit week-over-week as positive planting progress across the border in the U.S. pulled back some of the premium built into the… Read More

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

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

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