Surprises were few and far between in the U.S. Department of Agriculture (USDA)’s September World Agricultural Supply and Demand Estimates (WASDE) report on Friday. The major figures were largely in line with pre-report estimates. On the yield side of things, U.S. corn and soybeans came in just slightly above trade estimates. Corn was estimated at… Read More
Author: Marketteam
Statistics Canada pegs the 2021 crop down significantly based on its satellite imagery modelling. StatsCan puts national wheat production down 34.8 per cent, canola down 24.3 per cent to 14.7 million tonnes, and soybeans down 8.4 per cent year over year to 5.8 million tonne. Grain corn is the one bright spot, with an increase… Read More
When we think about how farmers market their crop, there are two significant events that have occurred in 2021 that may drive people to think a little different going forward. One of those is the market run-up last fall, when prices really began to escalate.The second factor is farmers in the western half of North… Read More
Many crops grown in Canada are traded on an active futures market: corn, soybeans, canola, and wheat being the most common. But plenty of other crops don’t trade on futures, instead relying on cash prices, actual deliveries, and contracts for price discovery and risk management. Jon Driedger of LeftField Commodity Research says that when market… Read More
The most recent estimates of the U.S. corn and soybean crops are in, and the numbers are slightly lower than anticipated. Significant drought in a large area of the U.S. is dragging down the United States Department of Agriculture’s projected average corn yield, now pegged at 174.6 bu/ac down from 179.5 bu/ac a month ago…. Read More
Canola, wheat, pulse crops, barley, and more acreage numbers were released in Statistics Canada’s report today. The numbers are what they are, and hopefully Statistics Canada was able to complete surveys that gave fairly accurate ones. To break it down for us, Neil Townsend, senior market analyst at FarmLink Marketing Solutions, joins Shaun Haney for… Read More
There was green on the screen following the release of the United States Department of Agriculture’s much-anticipated Prospective Plantings and Quarterly Grain Stocks reports on Wednesday. Both corn and soybean acres came in below what the market was looking for, as well as what the USDA projected at its outlook forum last month. “That really… Read More
This last week of March will see some new reports come in, as farmers begin to finalize seeding details both in Canada and the U.S. For today’s RealAg LIVE!, host Kara Oosterhuis is joined by Jon Driedger of LeftField Commodity Research, to talk “wildcard” crops, canola acres, rotation decisions, the forecast, and intended corn and soybean… Read More
If you like acreage outlooks, discussions on the mystery of Chinese intentions, and theoretical interest rate conversations, you’re probably a lot of fun at parties. You’re also totally going to want to get in on today’s RealAg LIVE! Tap below to hear Matthew Pot of Grain Perspectives and host Shaun Haney discuss forward pricing, spreads,… Read More
If you’ve been paying attention to any form of media lately, chances are you’ve seen what is happening down in Texas with the weather. Pictures of burst pipes, a lack of heating, and all things frozen have been circulating across social media. Anne Wasko of the Gateway Livestock Exchange says she’s been following stories, and… Read More