On Friday, the Canadian dollar rose nearly a cent relative to the U.S. dollar. The sudden ‘strength’ came from a couple of sources. First, more confidence that the Bank of Canada will continue the path gradual rate hikes; second, a weaker U.S. Dollar. Recent Canadian economic data warrants the Bank’s outlook for gradual rate increases…. Read More

Over 100 farmers from more 30 Ontario counties participated in our ‘roll-call’ on Twitter this past weekend. We asked where they expected to be at with planting corn and soybeans by Sunday evening. Most regions have planted their intended corn acres except regions south of London and the Niagara/Haldimand clay, with some only starting to… Read More

After a late spring, including snow only a few weeks ago, Ontario corn planting is off to the races. A Twitter roll call, with over 100 Ontario producers reporting their progress, suggests that about 10 percent of Ontario’s corn has been planted, as of Sunday night. The majority of producers with 20 percent of planting… Read More

As of Sunday night only five percent of U.S. corn acres had been planted. That’s nine percent behind the five-year average and 10 percent behind last year at this time. This may have you thinking this is bullish for corn prices, right? However, the U.S. farmer, and Canadian alike, can plant at paces never seen… Read More

The USDA released its monthly World Agricultural Supply & Demand Estimates (WASDE) report today. Here’s a summary from Matthew Pot, author of Grain Perspectives: Corn: Corn futures increased by 3 cents today after the USDA threw a curve-ball by increasing corn yields well above the market expectations. The average trade estimates were between 169.7 and 169.9… Read More