Happy New Year! I hope you find this first post of 2019, rested, yet filled with memories from the holiday season. For some of you, including yours truly, might be weighing in a little heavier after some big family meals — one could say that this always happens. That repeatability continues on to the New Year’s… Read More
2018 was a difficult year for soybean markets. The U.S.-China trade war triggered a $2.00-$2.50 per bushel reduction in the futures market and neither side appears willing to relent in their sanction tug-of-war. In RealAgriculture’s final Soybean School episode of the 2018 season, we asked ag economist, market commentator, and farmer Philip Shaw for his take… Read More
As we head into the last full week of the 2018 calendar year, grain markets held a bit of a weaker tone. This past week, no crops on the futures boards were able to make any positive gains despite some positive export activity being noted by the USDA, especially from China! Put another way, grain… Read More
What can corn growers expect from the markets in 2019? In Ontario, will sufficient markets be found for high DON corn? After three years of sideways trade, will world markets finally break the mold and push corn higher? On this edition of RealAgriculture’s Corn School, host Bernard Tobin travels to the ‘Agridome’ at Dresden, Ontario… Read More
Will pulse growers get a great gift of pea export movement in the new year? Will the Canadian dollar get back to tracking crude oil? Will soybeans have another tough year in Western Canada? Chuck Penner, of LeftField Commodity Research, joins RealAg Radio host Shaun Haney for a market melee full of holiday joy and… Read More
On Wednesday, it was announced China would make its first major purchases of U.S. soybeans since the “trade war truce” made between the two countries at the end of the G20 Summit in Argentina. The purchase of over 1.5 MMT of U.S. beans, valued at more than $500 million USD supported soybean prices on Wednesday,… Read More
The recent WASDE report created barely a ripple in the markets, and now traders are trying to figure what’s going on. The November report is often a bit of a snoozer, and this year is no exception, but the underlying political currents make this year a bit harder to decipher. RealAg Radio host Shaun Haney… Read More
Except for oats futures, the entire grain complex enjoyed a week in the green as geopolitical risk and production headlines swirled. On Friday, wheat markets had a big day as market participants responded to a week of strong U.S. export sales. While total export activity is down year-over-year, it’s a positive sign for future sales…. Read More
The days following a successful Donald Trump/Xi Jinping supper meeting were supposed to have been all about the launch of soybean futures. Instead of a drive higher following Saturday’s G20 dinner, the market has been timid at best and perhaps somewhat confusing, at first glance. On Tuesday’s RealAg Radio show, Chip Flory, host of AgriTalk,… Read More
Grain markets ended the month of November mostly in the green as optimism around of the trade war between the U.S. and China ending helped pushing the complex higher. A lot of focus to end the month was down in Argentina, where this week’s G20 Summit is taking place and many meetings between country leaders… Read More
Grain markets traded mostly lower this week as the complex dealt with thin volume on the shortened trading week, due to the U.S. Thanksgiving holiday. More broadly, grain markets are watching for any news on trade negotiations between the U.S. and China. Weather out of South America is usually a catalyst for this time of… Read More
The green light has been given to Parrish & Heimbecker, Limited (P&H) to build and operate a new export facility located at Surrey, B.C. The company received approval from the Vancouver Fraser Port Authority just last week. Construction is expected to start before the end of the year, and once completed — in roughly two years —… Read More
Grain markets trekked through the middle of November fairly mixed as for the week with soybeans making strong gains, but corn and canola losing ground. Similarly, Minneapolis HRS wheat and Kansas City HRW wheat ended the week lower, but SRW wheat and oats futures in Chicago actually made some healthy gains. Most of the week… Read More
Grain markets ended this past week all lower as the complex took note of some larger inventories in this week’s November WASDE report, and not the smaller U.S. yields. Updates from China’s National Bureau of Statistics (NBS) were incorporated into this month’s WASDE report. Basically, if not for China, this might be considered a bit… Read More
When farmers talk about commodity markets, the conversation most often focuses on the fundamentals — everything from supply and demand to crop carryover. Rarely do you stumble upon a conversation where technical market analysis indicators are being hotly contested over coffee. Technical analysis, basically forecasting the direction of prices through the study of past market data,… Read More