Grain markets this week ended mostly in the red after a stronger performance at the beginning of the week. Traders took profits on the heels of some double-digit moves on the futures boards for most grain and oilseeds on Tuesday. Some geopolitical risk helped fuel the rally, but a “risk on” attitude hit the market… Read More

Grain markets this week were mainly trading relative to the headlines, taking cues from the U.S. dollar, free trade agreements, and dryness in both South and North America. The U.S. dollar dropped to its lowest level in three years this week after the U.S. Treasury Secretary said he didn’t care which direction it went. The… Read More

Grain markets this week were almost all higher! (Man, it feels good to say that.) With some production concerns in South America and short-covering in the futures market, we see markets head higher. For the week on the front-month contracts, soymeal was the big winner on the futures board, gaining 4.35%. This was mainly due… Read More

Grain markets the first full week of January were highlighted by the first World Agricultural Supply and Demand Estimates (WASDE) report of the calendar year on Friday. The report was generally viewed as bearish, but soybeans were able to catch a bid and rally more than a dime thanks to a smaller American yield estimate…. Read More

Today marks the end of the 2017 calendar trading year. It’s also the end of the fourth quarter of the calendar and the month of December. If we’re looking back at where we started 2017, there isn’t much green on the board. More specifically, since the markets opened 2017 in January, despite the U.S. Dollar… Read More

This week, grain markets were dominated by thinner trading volumes — a bit ironic considering that Jolly St. Nick’s visit is just around the corner. While the volume was thin, the results of trading activity were mixed. Canola price gains were weighed down this week by a stronger Canadian Dollar, only gaining 0.2% while the… Read More

Grain markets this week headed mostly lower on some bigger production numbers. The big news in outside markets was that the U.S. Federal Reserve bumped their interest rate up by 25 basis points (or 0.25%). It’s expected that the Fed will raise rates again another three times in 2018. However, there are some who think… Read More

Grain markets trended higher to start the first full week of December before giving up some gains in the back half. On Tuesday, the StatsCan report was published, giving some bearish numbers, though the market was fairly relaxed about it. The market also seems fairly relaxed heading into the December World Agricultural Supply and Demands… Read More

Grain markets started the month of December in the green, supported by the turning of calendars and a lower U.S. dollar. The decline of the U.S. Greenback was mainly related to a heavy geopolitical risk news day that pressured equity markets. This news included a North Korean missile launch, a new tax bill in the… Read More

Grain markets this week were fairly muted due to a shortened trading week at the Chicago Board of Trade. While Americans were crushing turkey and NFL football, Chinese import data was published, showing that they bought over 480,000 tonnes of vegetable oils in October — that’s a 78% increase year-over-year. Palm oil prices popped as… Read More

On Thursday the United States Department of Agriculture (USDA) came out with their monthly world agricultural supply and demand estimates (WASDE). Usually, November is a bit of a sleeper month, but given the delayed corn harvest in the U.S., there were some ideas that the USDA might provide the market something in line with the… Read More