Category: Markets

Beef Market Update: 2017 Starting off on Firm Footing

We’re kicking off the Beef Market Update with likely the most positive-sounding Anne Wasko we’ve heard since last spring (it’s not her fault, dem cattle markets, you guys). Kelvin Heppner steps in for Shaun Haney in this latest look at beef and cattle prices across Canada and into the U.S., and Wasko can’t help but… Read more »

David Frum’s Advice for the Prime Minister on Dealing with Trump

As Donald Trump takes office in the United States, questions abound regarding the impact of his promised economic, environmental, foreign, and trade policies. There’s optimism in the agricultural regions of the U.S, as the president-elect has promised a major reduction of government agency regulation. The American people wanted something different in Washington and that is what they appear… Read more »

More Customers Searching For Oats Grown Without Glyphosate

Food companies and millers are knocking on grain buyers’ doors looking for oats that have been grown without an application of glyphosate. Demand for “glyphosate free” oats has ramped up over the last few months, says Kenric Exner, merchandising manager with Viterra. “We’re starting to see more end-users in the U.S. ask if it’s possible…. Read more »

Soybeans Driving Moves in the Grain Markets

Grain markets ended the second week of January a little higher than they started things, mainly thanks to a relatively bullish WASDE report from the USDA, on Thursday, January 12. The January report tends to provide some fireworks, and it did not disappoint this year, helping guide futures values higher. Soymeal, up 7.1% for the… Read more »

Crop Week Market Panel: Winter Selling Opportunities, Acreage Expectations, and the Evolution of Grain Marketing

Having turned the page on the calendar and last year’s crop, the Western Canadian Crop Production Show in Saskatoon in early January provides an opportunity each year to get a read on crop plans and sentiment heading into another growing season on the prairies. As part of our radio coverage in Saskatoon this week, we hosted a… Read more »

Grain World Conference Revived for 2017

FarmLink and Farm At Hand have announced the return of Grain World for 2017. The revamped conference will be held at the RBC Convention Centre in Winnipeg November 14 and 15, 2017. The two-day conference will feature keynote addresses from journalists Andrew Coyne and Michael Landsberg along with industry experts covering outlooks on major Canadian crops, and… Read more »

Setting the Stage for 2017 Grain Market Moves

After starting 2017 in the red, the grains market rallied quite well this week, however, corn and oilseeds are still below their highs seen in October and November. A couple of headlines that gained traction over the holidays were the South American weather (especially in Argentina), Egyptian wheat tenders, Black Sea winterkill risks, and continued… Read more »

Could Trump Create an Opportunity for Canadian Oilseed Exports to China?

China could potentially come looking for more soybeans and canola from Canada if Donald Trump’s policies jeopardize U.S. sales to the world’s largest soybean importing country. The president-elect has clearly shown a willingness to challenge China, whether by it’s by phoning Taiwan’s president, airing his grievances on Twitter, or promising to label China as a… Read more »

Pulse School: Majority of Lentils In Top Two Grades: CGC Survey

The wet weather during the 2016 growing season and harvest took a toll on lentil crop quality in Western Canada, but more than half the crop samples submitted to the Canadian Grain Commission’s harvest survey still fell in the top two grades. “For green lentils, we’re seeing 11.2 percent grading number one and 49.2 percent number… Read more »

Grains Markets 2016: Bullish Headlines & Bearish Facts

Grain markets headed lower this week as the market dealt with lower volume and profit-taking ahead of the winter holidays. Since last Friday, the Canadian Loonie lost 1.4% to head into the Christmas weekend below 74 cents USD as Trump economic policies that are trickling out continue to support the U.S. economy more than they… Read more »

Holiday Traditions — This Week in the Grain Markets

Grains markets cruised through the middle of December slightly lower to unchanged as export and domestic demand numbers tried to offset some changing monetary policy from the U.S. Federal Reserve. The U.S. Dollar climbed 1.3% for the week, making U.S.-based grains more expensive relative other origins. Oats was the only thing that made the green… Read more »

Home Needed for Pile of Unwanted Durum

There’s going to be a pile of low quality durum left in Western Canada that, for lack of better words, will need to disappear from the market. According to the StatsCan report out earlier this week, durum production totalled 7.8 million tonnes in 2016 — up over 40 percent versus 2015. With maybe half of it qualifying… Read more »

Taking A Few Hits — This Week in the Grain Markets

Grain markets see-sawed this week on multiple crop production reports, the likelihood of La Nina being played down, and speculators moving in and out of positions like a 3-year old at church. Oats was the winner again for the week, up 5.35%, followed by corn at 3.3%. Wheat and soybeans also fared well, up 2.15%… Read more »

Wheat Pete’s Word, Dec 7: Soybean Demand, Brown Wheat & the Cost of Corn-and-Beans

As winter sets in, decisions are being made on what to plant next year, and thanks to U.S. biofuel policy and weather issues in South America, it’s looking like soybeans will be a preferred option. Yes, Real Ag agronomist Peter Johnson’s talking markets to kick off this week’s edition of the Word. Moving from soybean demand… Read more »

More Wheat, Less Canola Than Expected in StatsCan Production Report

Statistics Canada issued its “final” crop production estimates for 2016 on Tuesday morning, leaving it up to the market to interpret how much crop was harvested after the agency surveyed producers. The November Farm Survey was conducted between October 21 and November 13 — just as farmers in Alberta and Saskatchewan were getting back into the… Read more »