Grain markets ended the first trading week of December mostly lower, though oilseeds found some gains on soybean exports and production headlines. We’re going to get the USDA’s December WASDE report Tuesday, but StatsCan and ABARES released updated production estimates for the Great White North and the Land Down Undaa, respectively. Soybeans found some gains… Read More

Grain markets ended the month of November strongly as a shortened trading day on Friday, November 29th (due to the U.S. Thanksgiving holiday) saw significant technical selling, which pushed prices up. Corn gained eight cents while Chicago SRW wheat futures jumped 15 cents on Friday alone — helping the complex end the month on an… Read More

The United States Department of Agriculture released its November 1 cattle-on-feed report, which saw results in line with pre-report expectations. Anne Wasko, of the Gateway Livestock Exchange, sums up the report below: “November 1 cattle-on-feed is up 1 per cent from last year at 11.8 million head. This is 7 per cent larger than the… Read More

Grain markets ended a shortened-trading week mostly in the red as the complex pulled back on concerns over a trade war deal getting done and ongoing weak demand fundamentals. While many analysts are saying that corn and soybeans are oversold and nearing technical support levels, the only thing that seems to be strengthening is basis… Read More

Grain markets ended the week mostly lower, as hiccups surrounding the release of the November WASDE report put a damper on things. On Friday, November 8th, the USDA was supposed to release their monthly estimates of world agriculture supply and demand at 12PM EST. Instead, their website crashed and the actual report wasn’t released until… Read More

Grain markets entered November on a mixed-week of performance, but most grain prices did find some positive gains for the month of October. Canola and hard red spring wheat were the only futures markets who didn’t find positive gains in October, suggesting that the price run-up at the end of September might’ve priced in anticipated… Read More

The pulse harvest in Alberta and Saskatchewan is in its late stages now, and although there are some anecdotal observations of better-than-expected quality, it’s not all ideal. “There is some sprouting, and there is a lot of earth tag,” says Chuck Penner, of Leftfield Commodity Research, adding the visual damage is worst for green lentil… Read More

The United States Department of Agriculture has released its October 2019 edition of the U.S. Cattle on Feed report which showed cattle on feed down one percent in comparison to a year ago as of October 1. According to Anne Wasko of the Gateway Livestock Exchange, “There were no real surprises in the numbers this… Read More