Grain markets found green again to end the last full trading week of March as capital inflows into the space and demand for essential foodstuffs remains strong. That said, only wheat had a positive day on Friday as the rest of the complex and broader equity markets saw a sell-off. The Canadian Loonie finished the… Read More
Whether it is the drop in oil prices due to a major spat between Russia and Saudi Arabia or the COVID-19 outbreak, the ethanol industry is dealing with massive challenges in the short term. Ethanol plants in Canada and the U.S. are reportedly scaling back production as a result, which is creating concern for corn… Read More
Grain markets were mixed to end the third week of March with oilseeds and wheat finding strong gains near its end while corn and oats couldn’t recover deep losses earlier in the week. In the broader markets, U.S. stocks had their worst week since 2008, with the Dow losing 17.3 per cent, the S&P 500… Read More
While the COVID-19 pandemic is unlike anything in modern-day history, commodity markets are — perhaps surprisingly — adjusting and adapting to the global market sell-off. In this interview (recorded Thursday, so keep that in mind on quoted numbers), RealAg Radio host Shaun Haney and Brian Voth with IntelliFarm break down what’s going on in the… Read More
Grain markets ended the second week of March in the red as the complex sold-off alongside oil and equities as panic-selling was the only trend to speak of. Corn and wheat futures were able to rebound a bit on Friday, but May soybeans fell to new contract lows on demand fears and some better weather… Read More
Grain markets mostly ended lower again this week as the concerns about the coronavirus and grain demand continue amidst some volatile trading on the broader equity markets. This said volatility though tends to indicate a bottom is nearby. Countries around the world continue to provide economic stimulus as a way to mitigate the financial impact… Read More
The oat market once again appears headed for a burdensome supply this fall, as strong prices through much of the winter have led growers to pencil more oats into their seeding plans for 2020. New crop prices have started dropping in recent weeks, but many growers on the eastern side of the Canadian Prairies signed… Read More
Grain markets ended the third week of February mixed, with the wheat complex gaining ground that was lost last week while corn and oilseeds had a red week. The latter was a function of larger acres estimated by the USDA at their annual Ag Outlook conference in Washington. While the market was looking for more… Read More
Grain markets didn’t find a lot of love from traders on Valentine’s Day as a red day pushed most of the complex lower for the week. Only soybeans were able to find some gains on the thinking that China will be buying more soybeans now that the Phase One trade war deal is in effect…. Read More
Grain markets closed the past week mostly higher as short-covering and bargain buying helped stop the slide seen since the U.S.-China Phase One trade deal was signed. The buying comes ahead of the February WASDE report, published on Tuesday, February 11th but the big cloud of uncertainty that remains over both grain and broader markets… Read More
Feed costs are one of the variables that cattle feeders have to keep a close eye on, no matter the year. Early indications for this year, at least, look to be feeder-friendly. The 2019 corn crop faced very adverse conditions and still came out with a respectable yield. United States Department of Agriculture and many… Read More
The Ag Exchange Group has acquired FarmLink Marketing Solutions’ brokerage department. FarmLink, which continues to provide grain market analysis and advisory service to farmers, has partnered with Ag Exchange Group on its CXN360 platform for price discovery, which enables the two to collaborate with clients based on grain prices and strategic objectives. “New technology has… Read More
What carries greater downside risk: having to sell in a down market to generate cash flow, or pre-selling a crop in increments? The short answer is it depends, but the in-depth explanation is that panic or stressed sales by their nature are rarely the most profitable. Pre-selling some crop carries a risk, yes, but there… Read More
At first it seems counterintuitive, since canola values usually follow soybean prices, but reduced demand for soybeans in China as a result of African swine fever (ASF) is contributing to a bullish scenario for canola prices, according to a senior analyst with Oil World. As China’s demand for soy protein has fallen due to the… Read More
Grain markets – and its participants – are likely relieved to see the month of January finish. The first month of 2020 started with much optimism as the trade war deal between China and the U.S. was set to be signed. However, grain markets were impatient and with no increase in buying of U.S. agricultural… Read More