Quality and consistency. That’s what international buyers expect with Canadian wheat. It’s been said a thousand times already, but if you ask Saskatchewan farmer Gerrid Gust what his take-home message was after visiting customers in North Africa and the Middle East, he can’t help but emphasize the importance of maintaining Canada’s reputation for quality and… Read More

With the U.S. Federal Reserve raising interest rates for the first time in almost a decade and the Bank of Canada suggesting it’s considering negative interest rates, how much lower can the Canadian loonie drop relative to the U.S. dollar? It’s an important question when determining whether to lock in basis levels, as movement in the currency… Read More

Australia’s largest grain company has announced plans to expand its footprint in Western Canada. GrainCorp, through a joint venture with large Japanese agricultural cooperative Zen-Noh Group, says it will spend at least C$90 million over the next two years in setting up grain delivery sites in Alberta and Saskatchewan. “A key part of GrainCorp’s value proposition… Read More

After three record crops around the world, grain prices are under heavy pressure from ample supplies. The impact is probably felt nowhere more than in the U.S., as the strength of the U.S. dollar is also restricting exports. Some analysts are saying it will take a major weather issue — maybe a flip from El Nino to… Read More

The P&H Milling Group, with support from the Ontario government, is building the first flour mill in Ontario in 75 years. Ontario Minister of Agriculture Jeff Leal made the announcement on Monday at Parrish & Heimbecker’s Hamilton Harbour location, where the new bulk mill is expected to commence operation in 2016. The expansion will allow… Read More

While grains ended the month of November with little fanfare, the first trading week of December proved to have some push to the upside despite a number of reports that didn’t really change any fundamentals. Soyoil led the complex with a 10.5% gain for the week, which helped support canola prices (+2.25% for the week)… Read More

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