After months of anticipation, the grain and oilseed market finally got to see the U.S.D.A.’s acreage estimates for 2015 on Tuesday morning. While traders had braced themselves for some surprises and volatility, most of the numbers in both the Prospective Plantings and Quarterly Grain Stocks reports fell within the range of expectations. However, the numbers… Read More

Grain markets continue to trade a little erratically with analysts mostly focused on acreage estimates and weather forecasts for the northern hemisphere. The wheat complex started the week out strong but lost said strength over the following days as bearish weather and crop condition reports pushed things lower. Also of note though was the U.S…. Read More

Tucked into the federal rail legislation implemented last year was a requirement that’s supposed to hold grain buyers accountable for delivery dates in contracts with farmers. As of August 1, 2014, licensed grain companies in Western Canada that don’t accept grain during the timeframe defined in a contract are required to pay some sort of penalty to the producer…. Read More

Kurtis Peeters, an organic corn grower from Kawartha Lakes has been named as the winner of the “Most Profitable Acre Challenge,” a competition put on by the Agri-food Management Institute and presented in partnership with Grain Farmers of Ontario. The business skills competition looks at input costs, production practices, yield, marketing tactics, and business management… Read More

More chatter about new crop acres continues to help the grain market trade sideways as we move towards the second half of March. Domestic corn-for-ethanol and soybean crush demand remains fairly strong, as does canola crush here in Canada which is up 20 per cent year-over-year last week, but the strength of the U.S. dollar… Read More

The lower Canadian dollar continues to provide support to canola values in the face of large global oilseed supplies. “If you didn’t have this weakness in the value of the Canadian dollar, the price of canola would probably be $30 cheaper,” says Wayne Palmer, senior market coach with Agri-Trend Marketing and former floor trader in Winnipeg, in… Read More

Although prices have retreated from the sky-high levels that followed the quality problems around the world last year, durum acres are expected to rise by up to 20 percent in Western Canada in 2015. “With the prices that we’ve seen this year, we should see an increase for acres,” said Alan Hagemeier, a Minneapolis-based merchandiser with CHS Inc…. Read More

Strong new crop prices for flax are expected to drive acres higher again in 2015. “The economics of flax currently make a lot of sense. There are a number of new crop bids in the $12.50 (per bushel) range. Compared to other crops that’s quite profitable, and compared to history that’s quite profitable, so I… Read More

The wheat market is due for some additional volatility in the weeks leading up to seeding season in North America, says the general manager of FarmLink Marketing Solutions. Sharing the wheat market outlook at Grainworld ’15 in Winnipeg last week, Lawrence Yakielashek (formerly with Toepfer Canada) said he believes the bearish sentiment in the wheat… Read More

Grain prices ended the month of February a little mixed as corn, soybean, and canola prices all got support in the last half of the month through harvest and logistical concerns out of South American. Lower oil prices have helped keep gains in check for those crops related to the biofuels industry, although strong domestic… Read More