Author: Brennan Turner

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

Grain markets are closing out the month of January with not a lot of love as weather stabilizes in South American and President Donald Trump following through on a lot of campaign promises (first politician to ever do so?), which is creating more doubts about international demand and/or markets for U.S. agricultural products. From a performance… Read More

Grain markets through the middle of January continue to be driven by South American weather challenges, namely flooding in parts of Argentina just as the soybean crop down there is starting to emerge. However, geopolitical factors like the U.K. Brexit and Donald Trump’s inauguration as the 45th U.S. President also weighed on markets. While soybeans… Read More

Grain markets ended the second week of January a little higher than they started things, mainly thanks to a relatively bullish WASDE report from the USDA, on Thursday, January 12. The January report tends to provide some fireworks, and it did not disappoint this year, helping guide futures values higher. Soymeal, up 7.1% for the… Read More

After starting 2017 in the red, the grains market rallied quite well this week, however, corn and oilseeds are still below their highs seen in October and November. A couple of headlines that gained traction over the holidays were the South American weather (especially in Argentina), Egyptian wheat tenders, Black Sea winterkill risks, and continued… Read More

Grain markets headed lower this week as the market dealt with lower volume and profit-taking ahead of the winter holidays. Since last Friday, the Canadian Loonie lost 1.4% to head into the Christmas weekend below 74 cents USD as Trump economic policies that are trickling out continue to support the U.S. economy more than they… Read More

Grains markets cruised through the middle of December slightly lower to unchanged as export and domestic demand numbers tried to offset some changing monetary policy from the U.S. Federal Reserve. The U.S. Dollar climbed 1.3% for the week, making U.S.-based grains more expensive relative other origins. Oats was the only thing that made the green… Read More

Grain markets see-sawed this week on multiple crop production reports, the likelihood of La Nina being played down, and speculators moving in and out of positions like a 3-year old at church. Oats was the winner again for the week, up 5.35%, followed by corn at 3.3%. Wheat and soybeans also fared well, up 2.15%… Read More

Grains pulled back from last week’s highs as profits got locked in to end November and the trade got really choppy. The news that OPEC would cut production by 1.2 million barrels for six months couldn’t help oilseeds recover from its highs made last week, but canola did track soy oil, as each were up 0.35%… Read More

Grain markets got an American Thanksgiving boost as an unexpected update from the U.S. Environmental Protection Agency (EPA) surprised the oilseed complex, with soyoil leading, up 7.4% for the week. Soybeans weren’t far behind as they continue their run, up 5.1%, while canola held on a bit to climb 2.6%. Corn was supported by the EPA… Read More