Category: Markets

Acreage Shifts, Feed Supplies, and Shipping Lanes – This Week in the Grain Markets

Grain markets had a pretty busy week as we head closer to #plant17 with more focus on any little headline to trade off of, since there’s no major changes to production or demand at this time. Canola was the biggest loser of the week, down 4.15% since last Friday, thanks to the combination of lower oil… Read more »

Beef Market Update: Brazil’s Protein Bribery Case Raises Opportunity for North American Exporters

With Brazil locked in a major bribery scandal that has closed most of its export markets for beef and chicken, the cattle market scrambles to understand the full situation. Brazil is the number one exporter of chicken in the world (40%) which means if borders are shut long term, chicken supplies will be extremely tight,… Read more »

FarmLead Announces Major Fund Investment

FarmLead, a Canadian-based and now global online grain marketplace, has announced a six-point-five million dollar (US) Series A raise led by Monsanto Growth Ventures (MGV), the venture capital arm of Monsanto, with additional investments from Avrio Ventures, the MaRS Innovation Accelerator Fund and Serra Ventures. The close supports FarmLead’s expansion into the U.S. market and the opening of… Read more »

The US Raises Interest Rates and the Canadian Dollar Goes Up – What is Going On?

Markets move up and down on news, anticipation and results. The currency market has some somewhat predictable drivers of the value of a given country’s currency. This past week, the United States Federal Reserve raised interest rates 0.25% and the impact in the Canadian Dollar value against the US dollar was a head scratcher. Although… Read more »

Green Corn Futures and Beer — This Week in the Grain Markets

Grain markets cruised through the St. Patrick’s Day week with not a whole lot of luck as a pot of mostly bearish news was found by the time the green beer started to get poured. Oats and corn were the only grains to celebrate the week in the green, up 1.6% and 0.95% respectively, with… Read more »

Canola School: U.S.-First Biofuel Policy Could Boost Canadian Canola Demand

President Trump’s U.S.-first biofuel policy could be bullish for Canadian canola demand, according to the president of Chicago-based Ag Resource Company. As Dan Basse explains in this market-themed Canola School episode, the United States imported about two million tonnes of B100 biodiesel from Argentina last year, offering a dollar/gallon tax credit for it. “A lot… Read more »

Fundamentals vs Speculation — This Week in the Grain Markets

Grains finished the first full week of March on a lower note, mainly due to a stronger U.S. Dollar and a relatively bearish WASDE report from the USDA on Thursday. Oats was the only real winner of the week, up 2.15%, whereas as soyoil was the biggest loser, down 5.5% since last Friday as WTI… Read more »

Beef Market Update: Will March Be A Downer?

We all have our favourite months of the year. For some people, it’s December due to Christmas, or it could be April, because the cropping season begins, but right now the most critical month for cattle producers is March. It seems that many cattle analysts believe March may end up being a bit more bearish… Read more »

Speculative Support, Pulse Export Uncertainty & NHL Playoff Picks — Jon Driedger

Record production and big supplies continue to weigh on grain markets, and yet, corn and soybean futures have remained relatively strong, and even trended higher, since fall. “There’s definitely been a shift in the narrative, from an outside fund, speculative money perspective,” explains Jon Driedger of FarmLink Marketing Solutions in this market conversation. Driedger joined Shaun… Read more »

U.S. Biofuels, E.U. Wheat, and India’s Pulse Imports — This Week in the Grain Markets

As we entered the month of March, grain markets ate up a lot of volatility on U.S. ethanol policy rumours, a stronger U.S. Dollar, and logistics issues in Brazil. Soyoil and canola were the big winners of the week, gaining 5.4% and 3.5% respectively, while corn fared pretty well too, up 2.7% since last Friday’s… Read more »

Soybean Prices Maintaining Remarkable Strength in Face of Record Crops — John Duvenaud

U.S. farmers grew a record soybean crop in 2016, South American farmers are harvesting a record crop, and big soybean acres are expected in North America in 2017, yet somehow soybean prices have remained relatively strong to start 2017. “We’re about a buck a bushel above where we were at the fall lows, which is… Read more »

Accounting For Everything — This Week in the Grain Market

Grains this week trended slightly lower as concerns over crop potential and slowing sales muted any bullish headlines coming from new USDA acreage reports. Canola and oats were down 0.45% and 0.5% respectively compared to a week ago while corn and wheat lost 1.1% and 1.7% each. The soybean complex took the biggest hit though,… Read more »

Drew Lerner Offers a Hopeful Forecast for Spring on the Prairies

With unharvested crop still in the field and saturated soils in many areas, some helpful weather could be on the way for Western Canada this spring, says Drew Lerner of World Weather Inc. “The spring bias is tilted toward a little less precipitation and a slight warmer bias,” he says in the video below, filmed after… Read more »

Could Wheat Be a Sleeper Pick in 2017?

After four consecutive years of record wheat production in the world, we’ve become accustomed to adjectives like “burdensome” and “massive” describing wheat supplies. However, it’s looking like 2017 could break that trend, according to Mike Krueger of The Money Farm. “That pattern is starting to change,” he says in the interview below, filmed at CropConnect in Winnipeg… Read more »

Above or Below The Line? — This Week in the Grain Market

Grain markets saw a correction this week as more supply and demand numbers out of South American became known, with less focus on the weather on the southern half of the equator. Everything ended the week in the red, with soybean oil being the biggest loser, down 4.85% while soybeans and canola lost 2.2% and 2.05%… Read more »