As many western Canadian producers are passed the halfway point of seeding, American Midwestern farmers are still barely scratching dirt thanks to continuous rains. Grain markets have started to acknowledge some of this latter risk, in addition to the benefit of a second round of trade war aid from President Trump. Looking more continental, the… Read More

Somehow it’s already May, and we’re heading into a new growing season. Chuck Penner, of Leftfield Commodity Research, joins RealAgriculture’s Lyndsey Smith to talk about what trends are going on in the markets. Penner explains there are some rather intriguing shifts. “Some of the things that have really been on fire, some of smaller crops… Read More

Grain markets were served up another monthly instalment of the World Agricultural Supply and Demand Estimates (WASDE) this past week by the USDA, but if you didn’t know that, you might’ve missed it. The report came out as mostly expected, which was bearish, and since there weren’t too major surprises in this WASDE report, I’ve… Read More

In her first trip to Saskatchewan, Agriculture and Agri-Food Minister Marie-Claude Bibeau spent the day in Saskatoon discussing the issue of China blocking Canadian canola shipments with producers and industry stakeholders. Trade Diversification Minister, Jim Carr was also present during the two part meeting held late last week. Bibeau says they’re “ready to go” when… Read More

There are oh-so-many factors at play in the oilseed complex, and the latest trade news (hi there, blocked canola shipments) does not bode well for the vegetable oil market. That said, soybean prices seemed to have encountered some price resistance at the mid-$9/bu price… could this be a bottom? Unfortunately, Chuck Penner, realist and founder… Read More

Grain markets were served up a monthly WASDE report on Friday, March 8th, but the numbers didn’t bring any new bullish feelings to the table. Most of the numbers that the USDA produced were either pretty close to their February WASDE number, or the pre-report estimate (which, as you can tell for yourself below, were… Read More