Every year in February, ag policy wonks, market followers, and politicians gather in Washington, D.C., for the USDA Outlook Forum. Not only does USDA release its forecasts for acres and production numbers, but the conversations also fill the hallways. Most years, the focus is on the fundamentals, but with so many trade patterns very cloudy… Read More

Grain markets finished their third week of trading in February — one shortened by a day because of national holidays in Canada and the U.S. — on a strong note, namely because of positive announcements from American-Chinese trade war talks. While the week started out rather weak, especially in the wheat complex, Friday’s announcement that China has… Read More

The commodity markets have definitely been in a sideways pattern, with little movement in either direction up or down.  This lack of action makes it difficult on farmers, and challenging for traders, and the broadcasters trying to cover the markets everyday. As people watch the lack of price moves —  stagnated by uncertain trade deals,… Read More

Things are looking up for the barley market. That’s the message from the SaskBarley annual general meeting held recently during CropSphere at Saskatoon, Sask. “I think the industry has never been stronger. We’re seeing huge exports on the feed side going into China, we’re strengthening in the malt side, both domestically and globally, and we’ve… Read More

Chances are, if you like the look of old crop oat prices your neighbours do, too. And while the human consumption oat market is steady to increasing, Lorne Boundy, with Paterson Grain, cautions against counting on that to keep prices where they are. With old crop prices taking off and sitting around $4/bu in southern… Read More

Although the wheat market is often considered a stagnant one, it is in fact growing, says Marlene Boersch, owner of Mercantile Consulting Ventures. The market only seems stagnant because supplies have been growing as fast as demand.  This may be changing, however, as Russia’s — one of  the world’s largest wheat exporters — upward trend in production may… Read More