Grain prices started the month of October the same way they’ve been trending for the last five months: lower. Last week saw two important reports from the USDA and Statistics Canada, recording grain inventories and ’14 production estimates respectively. With some of the earliest-planted fields of corn and soybeans coming off in the American Midwest,… Read More

Grains this week fell significantly as harvest pressure starts to hit full tilt in the North American markets. Most of the northern half of North America and parts of Australia are experiencing some cold weather, which has the bulls frothing to see prices move higher, but the trend continues to head lower as bears are… Read More

Coming off the long weekend in North America, the grains market started the month of September trying to hold onto higher levels on varying weather affecting crop development and the situation continuing to unfold in eastern Europe. While reports vary on a proposed ceasefire between the Ukrainian army and pro-Russian separatists, the latest rumour to… Read More

As we close the month of August, the harvest itch was replaced in most areas with frustration as most of the U.S. Midwest and Canadian Prairies got hit with some untimely, heavy rains. The recent rains were seen as positive for both sides of the cornbelt with Iowa, Illinois, Indiana, & Nebraska all getting a… Read More

The grain market continues to stagnate as traders, managed money, commercials, and producers alike are trying to determine if a bottom has finally been found. Grains have traded lower this week but wheat has rallied to close much higher than earlier in the week. Ultimately, July was an ugly month for the grains complex: canola… Read More

Favourable weather continues to hover like a dark cloud over the grain markets as they continue to trek lower, just as meat prices are going the opposite direction. While most prices are relatively unchanged week-over-week, soybean prices did find a bit of a bounce on very strong U.S. export sales (as they say, the cure… Read More

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