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

Acres that were penciled in for wheat back in December might get switched to canola in spring, depending on how much weight farmers put into the price relationship between wheat and canola, says the vice-president for oilseeds with Louis Dreyfus Commodities. Brian Conn says back in November and December, they were expecting a decline in Canadian canola acres… Read More

Prices for wheat, corn, soybeans and canola all declined on Tuesday following the release of the USDA’s February supply/demand report. “(The report) confirmed what the markets were thinking,” says Neil Townsend, director of market research with CWB in the interview posted below. “U.S. numbers were pretty firm — they’re not going to change the production… Read More

Grain and oilseed markets showed little reaction to the latest stocks estimates from Statistics Canada released on Wednesday. The agency’s December 31st, 2014 stocks numbers were generally in line with trade expectations, with all-wheat pegged at 24.8 million tonnes and canola at 11.1 million (see all the numbers here.) Traders were expecting 25 million tonnes of… Read More

Grain markets ended the month of January well below where they started, despite volatile currencies, weather, and geo-political risk keeping prices off the lows. Managed money continue to drop their net long positions in the agricultural complex recently to its lowest levels since October, mainly thanks to the strength of the U.S. dollar. Investors in… Read More

Grain markets started 2015 out on a bad foot as the first trading day of the year on Friday, January 2nd was all red. But the complex rebounded in the following days thanks to weather concerns and managed-money changing positions. Oats, corn, (Chicago) wheat, and soybeans continue to hover over some nice even numbers of… Read More