There are 54 grading factors for wheat included in the grain grading guide provided by the Canadian Grain Commission (CGC), but many may be surprised to learn that falling number isn’t one of them. It may not be a grading factor, but falling number is used as a world standard in the grain and flour… Read More
Grain markets took a nosedive in their first week of trading in August, as yield forecasts get updated, weather pressures subside, and traders prepare for next Wednesday’s WASDE report. Put simply, the closer we get to combines rolling, the more of the supply number gets baked into the current prices. Reality is, that new JD… Read More
By many accounts, if the sun shines and the creek don’t rise, there’s a monster spring wheat crop coming in the west. But don’t just take our word for it; mounting evidence from several sources points to a rather large spring wheat supply building in Western Canada. Jon Driedger, senior market analyst with LeftField Commodity… Read More
Many Canadian ag exporters may have wished that they had hedged the dollar a bit more. The Canadian dollar has climbed recently, making its way back to pre-COVID levels, around the US$0.755 mark. It’s hard to know what to expect for the second half of 2020. Jon Driedger of LeftField Commodity Research recently joined Shaun… Read More
Grain markets ended the month of July in the red, albeit, from a monthly performance standpoint, it wasn’t all bad news bears. Chicago wheat prices gained nearly 40 cents, or 8%, while canola and soybean prices both improved by about 2.5%. However, while corn prices lost about a quarter, or 7.5%, in the month of… Read More
Grain markets were able to squeak out some gains this week, but corn prices were the obvious worst performer as the size of the impending harvest becomes better known. Wheat prices were able to earn a few pennies, thanks to hot weather concerns in North America and Argentina, while soybeans were supported by Chinese buying… Read More
It’s not traditionally a time of year where we see big boosts to several crop price complexes, but what about 2020 has been normal? In this grain market Q&A LIVE!, Brian Voth, of IntelliFarm, sits down with sports-starved host Shaun Haney to talk corn, canola, soybeans, ethanol, baseball, spring wheat and more! Don’t miss RealAg… Read More
After a two-week hiatus, I’m back with the weekly recap and this week, grain markets ended things mixed. Wheat prices were weighing weather and production downgrades, while corn and soybean prices remain concerned about demand, albeit these two did climb on Friday. For these 2 crops, China is certainly buying but it doesn’t seem like… Read More
For most of Canada, producers are playing the waiting game. They’re keeping an eye on their crops and are getting ready for harvest, but they might be wondering what the markets are doing and how they’ll market their commodities. Canola is the go-to crop for profitability on the Prairies. Some areas definitely have enough moisture,… Read More
There were few surprises in the latest United States Department of Agriculture’s WASDE report, with yields of principal crops left unchanged from previous reports. The USDA reported new crop corn ending stocks at 2.648 billion, mostly inline with trade expectations. According to Matthew Pot with Grain Perspectives, even China buying more corn on the heels… Read More
Grain markets took a pretty serious tumble to end the last full week of trading in June as beneficial rains fell, or are forecasted to fall on the large majority of North American growing regions. Thanks to said precipitation, the bearish players pushed corn and soybeans to fall every single trading session this past week,… Read More
Is canaryseed the itchiest of the crops? Will StatsCan find more canola? Why are Amercian farmers so reactive to incentives but Canadian farmers less so? These are just some of the questions posed during this RealAg LIVE! Q&A with Neil Townsend, of FarmLink Marketing Solutions. Listen/watch here, and check out the summary below: There are… Read More
Grain markets ended this past week rather mixed as demand and weather are supporting some crops, but not others. Winter wheat prices continues to pressured by harvest accelerating, while spring wheat and canola found strength on some technical factors and dryness in Western Canada. Despite some favourable long-term temperature & rainfall forecasts for most of… Read More
If there are any outliers in the rather bearish grain complex right now, Brennan Turner, founder of FarmLead and the Combyne marketplace, says wheat and maybe even soybeans deserve the title. Even though the latest WASDE says we’re set for record global ending stocks for the yea, the COVID-19 pandemic has meant a boost in… Read More
Fusarium head blight (FHB), caused by the fungus Fusarium graminearum, is a major concern for wheat growers across the Prairies. The fungus affects grain yield and produces mycotoxins such as deoxynivalenol, or DON, that accumulate in grain. The presence of DON leads to a downgrade in quality when that grain enters the market. Victoria Linden, director… Read More