Grain markets had another positive week of momentum on dry weather concerns and continued strong export numbers, albeit traders took profits on Friday, limiting the weekly gains. Corn closed above $4 USD/bushel on the Chicago futures board for the first time since August 2019 as exports (both sales and shipments) to China continue to grow…. Read More
Many ranches across the prairies are getting into the weening season, which can mean only one thing — the weather is changing, and it’s changing rapidly. The weather isn’t the only thing that has been cooling down though — December live cattle futures dropped significantly over the past week, as Anne Wasko, of the Gateway… Read More
Grain markets headed into the October long weekend on a high note after the USDA published a fairly bullish October WASDE report on Friday, October 9th, 2020. In it, the UDSA dramatically lowered soybean ending stocks, which helped propel the oilseed complex higher, including canola and soybean futures getting back up to levels not seen… Read More
Ten cooperative members of Grains Québec Agriculture are joining forces with Sollio Agriculture in a limited partnership to form Sollio & Grains Québec. With projections of more than 2 million tons of grain marketed annually, Sollio & Grains Québec will be the largest buyer of grain from producers in Québec. Before this partnership, each co-op… Read More
There’s a market rally happening, but it’s harvest. What in the tarnation is going on with the grain markets? For that answer, we go to Jonathon Driedger of Leftfield Commodity Research, for this LIVE! Q&A. Don’t miss RealAg LIVE! weekdays at 1 pm M/3 pm E on your favourite social media channel — Facebook, Twitter,… Read More
Grain markets flipped the calendar this week on not only a new month, but also a new quarter, and there was plenty to digest. It really started in Tuesday’s wild U.S. Presidential debate, then was followed by Wednesday’s quarterly stocks and annual small grains production report from the USDA, and then finally, the news early… Read More
If you’re new around here, the Beef Market Update’s goal is to provide the most current information on beef exports, pricing, carcass weights, and boxed beef prices. Every second Friday, Anne Wasko of the Gateway Livestock Exchange joins us to cover what’s happening in markets both in Canada and the U.S. This week, U.S. trade… Read More
The U.S. Cattle Transparency Act introduced this year seeks transparency for our southern neighbour’s cattle market by mandating large-scale meat packers — those that slaughter over 125,000 cattle per week — to flow through the cash market, instead of alternative marketing arrangements. An earlier iteration of the bill included a 50:14 rule, where 50 per… Read More
We’re in the thick of the fall season, and grain markets are acting a little counter-seasonal. On today’s RealAg LIVE!, Brian Voth, president and founder of IntelliFARM Inc., walks us through what’s going on with soybean, canola, wheat, and corn markets. Don’t miss RealAg LIVE! now Monday through Friday at 1 pm Mountain/3 pm Eastern… Read More
Grain markets pulled back this past week, something that many market participants, including yours truly, were expecting to see. Corn prices fell as harvest 2020 speeds up and the market is starting to consider the impact to ethanol demand, should a second wave of COVID-19 rage across the world this fall/winter. From a headline standpoint,… Read More
The Canadian dollar trended higher through the summer and has returned to the range that a lot of analysts thought it would hover around for the bulk of the year prior to the arrival of the COVID-19 pandemic. While it’s declined slightly since the start of September, the loonie is back to trading around US$0.75… Read More
Chop and grind in the markets isn’t really the kind of headline you want to hear for the beef markets, but maybe chop and grind means good things for prices. “U.S. markets trading about a buck higher than how they closed the end of last week, so $103, $104 in the north, heading the right… Read More
It’s official, we’re likely entering the twilight zone for grain markets. This week, we moved through the middle of September and grain futures are sitting at multi-year highs, yet it’s the time of year when we usually are seeing seasonal lows. The rally that we’ve seen since July has gone beyond just fundamental supply and demand factors, and… Read More
India has dropped its tariff on lentil exports once again, just weeks after letting a temporary reduction over the summer come to an end. The government published a notice on September 17, 2020 saying it’s “in the public interest” to reduce tariffs on lentil shipments from 30 per cent to 10 per cent (plus a… Read More
The corn market is surprisingly strong due to various factors in the markets these days. Some yield reductions out of the U.S., and some production issues in China may be part of the equation, but there seems to be a little more optimism in the market than is maybe warranted. Brennan Turner, CEO of FarmLead… Read More
Register for a RealAgriculture account to manage your Shortcut menu instead of the default.