It’s estimated 70 to 80 percent of the barley grown in Western Canada was affected by heavy rains and snow in early-to-mid September. Factor in the 31 percent decrease in overall barley production estimated by Statistics Canada in its report out Friday morning, and the math is simple; barley that qualifies for malt will be harder to… Read More

After trading at a significant discount to soybeans last year, contrasting production scenarios have resulted in canola gaining value relative to soybeans over the last few months. “Historically canola futures have traded $80, sometimes even $100 higher than soybeans. Last year was exactly the opposite,” explains Chuck Penner of LeftField Commodity Research. “What we’re starting… Read More

With no major production challenges anywhere in the world, grain and oilseed prices have fallen to levels we haven’t seen since 2010. So how low can they go? That’s the question Frayne Olson, crops economist and marketing specialist at North Dakota State University, tries to answer in the interview below. Looking at historical charts for… Read More

Grains this week fell significantly as harvest pressure starts to hit full tilt in the North American markets. Most of the northern half of North America and parts of Australia are experiencing some cold weather, which has the bulls frothing to see prices move higher, but the trend continues to head lower as bears are… Read More

Snow and freezing temperatures arrived earlier than welcomed in parts of Western Canada this week. We also saw a bearish market report from the USDA and some new developments surrounding the privatization of the Canadian Wheat Board. It was also a week on the road for the RealAg team, as Shaun, Lyndsey and Bern attended… Read More

Keeping with the bearish trend in the grain markets, the USDA reported higher than expected corn and soybean yields and production in its monthly supply/demand report released on Thursday morning. The average U.S. corn yield was pegged at a record 171.7 bushels per acre, with total production of 14.4 billion bushels. For soybeans, the average yield for… Read More

In a move that might be seen as a good ideological fit, Farmers of North America has launched a campaign asking its members whether they would be willing to invest in purchasing a majority interest in the former Canadian Wheat Board (now known as CWB.) The farmer alliance says a producer-owned grain handling company would… Read More

While the majority of the Western Canadian crop is no longer vulnerable to frost, there are still areas where wheat and canola, as well as longer-season soybeans and corn, are not ready for the freezing temperatures that are expected over the next few nights. According to Bruce Burnett, weather and crop specialist with CWB, between five and 10 percent… Read More

Coming off the long weekend in North America, the grains market started the month of September trying to hold onto higher levels on varying weather affecting crop development and the situation continuing to unfold in eastern Europe. While reports vary on a proposed ceasefire between the Ukrainian army and pro-Russian separatists, the latest rumour to… Read More

ICE Futures Canada has made some small changes to its canola, durum, milling wheat and barley contracts following the challenges with rail service over the last year. A notice sent to market participants on Thursday outlined several amendments regarding shipping that apply in instances where there could be physical delivery against a contract. President and Chief Operating… Read More