Haven’t we seen this before? Traders and analysts were expecting Statistics Canada to peg the 2015 canola crop at around 15.6 million tonnes in the agency’s latest production report released Friday morning. Pre-report guesses ranged between 14.5 and 16.4 million. Most farmers reported better than expected canola yields at harvest, so everybody was expecting the… Read More

The grains market continued to trade through the U.S. Thanksgiving week a bit quieter (par for the course) against a stronger U.S. dollar, but ended the week a bit higher thanks to some decent U.S. export sales for corn and soybeans. All things being equal, global trade continues to be encouraged by low ocean freight… Read More

With no real weather headlines this week except for snow finally hitting the ground in many places across Western Canada and the U.S. Midwest, the market has been relatively mute. Add in a stronger U.S. dollar this week and the market heading into U.S. Thanksgiving week, the grains complex has been quiet, with no real… Read More

When it comes to long term weather outlooks, water temperatures in the Pacific Ocean are often used to predict what’s to come. For grain markets weighed down by large global supplies, the main Pacific indicators are showing no sign of an imminent weather issue reducing grain production, says a meteorologist who spoke at the Cereals North America market outlook conference… Read More

On Tuesday, November 10, 2015, the United States Department of Agriculture (USDA) published its monthly instalment of the world agricultural supply & demand estimates, and things came out a lot more bearish than the market was expecting. Going into the report, average market analysis pegged both corn and soybean yields and production higher than the previous… Read More

Grain markets this week were mostly lower as complex continued to trade sideways. They faltered on Friday with a strong US employment data report and poor US export sales from last week. US corn sales dropped 22% from the week previous, wheat export sales were down 85%, and soybeans were down 69% week-over-week to a… Read More

Wheat futures have been unable to build any upward momentum since the middle of summer, as the market sits on a record-sized world crop waiting for fresh trend-setting news. U.S. currency strength is limiting export demand and the ability of Minneapolis-based futures to move higher, notes Mike Davey of FarmLink Marketing Solutions in the interview below. However,… Read More

The grain market this past week turned its attention to more demand and weather headlines as North American harvest pressures are starting to subside with the large majority of the crop now in the bin. The planting pace down in Brazil of soybeans continues to accelerate, with some of the previously drier regions finally getting… Read More

Grains continue to trade a bit sideways to higher as buyers went out into the market to find some supply with “let’s bring some stuff in” attitude earlier in the week but things pulled back later on. The oilseed complex is being supported by solid US soybean sales and oil prices heading higher. With some… Read More

Canola oil stands to be one of the “big winners” if the Trans-Pacific Partnership deal is ratified. Negotiations on the 12-country deal concluded earlier this month, with Canadian grain and oilseed, beef and pork sectors welcoming the market access in it. Lawrence Yakielashek, general manager of FarmLink Marketing Solutions, explains in the interview above how there… Read More

Grains came through mid-October with corn and wheat staying relatively unchanged-to-lower while the oilseeds complex saw a bit of a tick up. Overall, the market has been weighing in El Nino reports, more North American harvest progression, and the dryness of some areas around the world. Some headlines to watch include scorching temperatures continuing to… Read More