Category: Grain Markets

RealAg Markets: Second day of red all over the screen

The markets continued their strong bearish tone as grains and oilseeds pushed lower across the board for the second day in a row on Tuesday. On Monday, one excuse was that Friday’s bearish cattle on feed report sparked a push to sell. Expected rains in the U.S. midwest later this week have certainly driven some… Read more »

Weathering the weather — This Week in the Grain Market

We’re heading into the apex of summer weather (and the volatility that can come with it). It’s corn pollination and soybean pod-setting season, while combines are starting to run on the earliest seeded pulses and cereals in the U.S. and even parts of Canada. More than anything, the market is mostly trading rain clouds and… Read more »

Cooling off? — This Week in the Grain Market

Grain prices over the first two weeks of July are still swinging a bit wildly as the market is trying to price in the recent heat. Scorching temperatures hit most of North America before the USDA came out with their July WASDE report on July 12th, 2017. The report was met with some bearish skepticism,… Read more »

Wheat School: Late nitrogen pumps up protein and profits

Surging wheat markets mean there’s plenty of profit potential in high protein wheat, and Peter Johnson has some tips to help you cash in on those premiums. In this episode of RealAgriculture Wheat School, Johnson, our resident agronomist and shameless wheat promoter, shares protein management insights for growers in Western Canada and spring wheat growers… Read more »

Halftime analysis in the grain markets

As we turn the calendar into July, we’re taking a look back at the markets over the last six months. We’ll also offer our expectations for the balance of 2017. In our 2017 Grain Markets Forecast (posted in January), we made several timestamped projections. You can review them here at your convenience. The U.S. Federal… Read more »

Pulse sector seeks clarity on fees as India plans six-month extension

India’s government has give notice of another six-month exemption regarding its fumigation requirements for agricultural commodities shipped to the country, but it looks like shipments to Canada’s largest pulse market could face another trade obstacle — much higher inspection fees — upon arrival at Indian ports. Saskatchewan Pulse Growers (SPG) says “additional clarity is required”… Read more »

Wait and watch the rockets — This Week in the Grain Market

Grain markets were mostly quiet this week. Well, that’s not entirely accurate. Wheat was on fire. Everything else traded pretty much sideways. For the week, Minneapolis wheat gained over 15%, or more than $1 USD/bushel. More impressive was the 34% gain for the month of June, or the 40% improvement since April 1st (the start… Read more »

Lower acres provide further fundamental support for spring wheat rally

Statistics Canada slashed its estimate for 2017 spring wheat area by almost 900 thousand acres on Thursday, providing further fuel to the fire that’s been the spring wheat market over the last month. Back in April, StatsCan projected 16.7 million acres of spring wheat. In the update published on June 29, spring wheat area is… Read more »

StatsCan boosts canola and soybean acreage even higher

Canadian farmers planted 22.8 million acres of canola and 7.3 million acres of soybeans this spring, according to the Statistics Canada acreage report published on Thursday. For canola, that’s well beyond the record area projected in April of 22.4 million, and 12 percent higher than the 20.4 million acres grown in 2016. While there are… Read more »

Register for GrainWorld – Influencers Driving Innovation

November is always a very interesting time for the markets.  Analysts begin to have an idea of the crop volume and quality and farmers and looking to solidify their new crop marketing plans and are already beginning to think about planting intentions for the coming spring.  Farmers also have to increasingly pay attention to the… Read more »

Heavy holdings — This Week in the Grain Market

Grain markets started losing some of their lustre this week as favourable weather didn’t turn out to be so helpful for the bulls. Going into the last week of the quarter and the month, we’re about to get some major reports that the market is preparing for. On Thursday, June 29th, we’ll get Statistics Canada… Read more »

FarmLead launches new basis negotiation feature

FarmLead, North America’s Grain Marketplace, announced today the launch of the FarmLead Basis Negotiation feature on its leading trade platform. The new feature allows buyers and sellers to post and negotiate basis contracts in addition to the existing options of cash contracts. The announcement complements the company’s continued expansion across North America. The new feature… Read more »

Where’s your confidence? — This Week in the Grain Market

Grain markets hit the mid-way point of June with more bullish weather driving prices into the green. Canola and soy oil were able to make up some losses from earlier in the week on the news that the U.S. EPA will release new biofuel requirements soon, helping the quota for advanced biofuels (corn-based biofuel needs… Read more »

Where does the spring wheat rally go from here?

The Minneapolis Grain Exchange shattered its daily trade volume record on Tuesday, as traders responded to dry conditions and lower-than-expected crop ratings for U.S. spring wheat. MGEX reported 33,453 contracts traded on Tuesday — a 23 percent increase over its previous record of just over 27,000 in a day. The September spring wheat futures contract… Read more »

Follow the leader — This Week in the Grain Market

Grain markets saw a nice pop this week as 2017/18 crop production concerns helped create some bullish buzz. Corn and spring wheat were the biggest winners of the week, both gaining 4.1% since last Friday, followed by Chicago wheat, up 3.85%. Canola wasn’t far behind, gaining more than 3% for the week, along with oats,… Read more »