Canola supplies could be tight this year, as the market awaits Statistics Canada’s new crop production estimates on Tuesday (Dec. 6.) The canola number, which is expected to fall somewhere between 18.2 and 19.7 million tonnes, will have to be interpreted with the timing of StatsCan’s survey in mind. The agency surveyed farmers from Oct. 21… Read More

One week after Donald Trump was voted in as the next President of the United States of America, the U.S. Dollar hit a 14-year high and surprisingly, commodities didn’t tank. After a volatile election and W.A.S.D.E. week, all grains ended up for the week, led by oats which gained 2.8% since last Friday. Corn was… Read More

The United Kingdom voted and the markets reacted. If you are a political or economics junkie, it was must-watch coverage of the BREXIT vote night. United Kingdom voters decided by a slight majority to leave the European Union. As one would expect, with “leave” or “stay”, the markets would react. The Pound Sterling rocked lower through the… Read More

Grains continued their push higher to end the month of April as a multitude of factors extended the fenceline for bulls to run along. Money flows into the commodity sector have been the biggest reason for the rally, as the commodity complex had its best one-month since 2010, beating all other asset classes (i.e. stocks,… Read More

A lot of focus in the market last week was on the wheat market as warm weather from Kiev to Kansas is pushing fall-seeded crops out of dormancy much earlier than usual. After last week’s best weekly gain for wheat since October, investors’ focus will now turn to weather forecasts and the stocks and acreage… Read More

Grains continued to trade sideways to lower through the end of February as the data points that keep coming do not support a reversal of the bearish market fundamentals. The market is taking into account more crop conditions from Europe and South America, while adjusting for the new forecasts for U.S. grain supply, demand, and… Read More

Grains ended the month of January making up some gains from the tough losses that they started the year off with. Some bullish acreage and weather news helped get some of shorts in the wheat market covered, pushing the complex actually up almost 2% on the futures boards! Rounding out the complex, corn continued to… Read More