Cargill says it has passed the halfway mark on construction of its new canola processing facility located in the Global Transportation Hub west of Regina, Saskatchewan. The facility, which is designed to process one million tonnes of canola per year, is now expected to open in 2025. “The current construction environment is full of unique… Read More
Category: Grain Markets
All good things must come to an end, unfortunately. It wasn’t that long ago that crop prices ran up to incredible highs, where it seemed the only wrong selling decision was not hitting the *new* high. But this is not 2022, and those high prices did their job of discouraging demand or sending sales elsewhere…. Read More
Big corn acres in the U.S. and dandy looking crops in the west have created a bit of a supply issue for markets, one that could be helped by some serious export demand. Whether or not that demand materializes as prices fall is the billion dollar question. For this early July grain market update, we… Read More
For those following the grain markets, how do you tease out seasonal lows or ticks lower versus bigger issues dragging on prices? It’s not an easy distinction to make, says Chuck Penner, founder of Leftfield Commodity Research. This time of year, as the calendar flips to summer and the crop potential gets measured week by… Read More
The wheat market isn’t usually the exciting one to watch, but as Ranulf Granville, chief market analyst with Grainfox, says over the last six to eight weeks there’s a lot of company that has started to gather on the bullish side making for some excitement. But is wheat really in that much better a fundamental… Read More
It’s like lemon juice on a paper cut for those in the far south of Ontario who haven’t got an acre of corn in the ground yet, but the initial look at the emerged corn crop in the U.S. is looking mighty fine. Ranulf Glanville, chief market analyst with GrainFox, says that this early good… Read More
Farmers across Canada are feeling varying levels of certainty about their ability to market their crops effectively at a time when the market has bounced off of the lows seen through the winter months, according to the latest survey for the Canadian Farmer Sentiment Index, conducted by RealAgristudies. Note: The Canadian Farmer Sentiment Index is… Read More
Wheat markets have rallied this spring, creating some selling opportunities for both old and new crop amidst the busyness of seeding and planting. In this episode of RealAg Markets, host Shaun Haney sits down with Jim McCormick of AgMarket.net to delve into the complexities of the global commodity markets, focusing on wheat and soybean dynamics… Read More
Farmers waiting for a market rally and continued uptick in crop prices could be waiting a very long time. Instead, Brian Voth, founder of IntelliFarm, draws parallels between the current NBA playoffs and grain markets: grab the bounce and don’t miss the free throw, because that’s about as good as it’s going to get. In… Read More
Pulse crop and plant-based food ingredient company Global Food and Ingredients Ltd. (GFI) is winding down its operations while owing its secured lenders at least $21 million. The Toronto, Ont.-based company bought and marketed peas, beans, lentils, chickpeas and other high-protein specialty crops, operating three handling facilities at Lajord, Sedley, and Zealandia, Sask., and a… Read More