With unharvested crop still in the field and saturated soils in many areas, some helpful weather could be on the way for Western Canada this spring, says Drew Lerner of World Weather Inc. “The spring bias is tilted toward a little less precipitation and a slight warmer bias,” he says in the video below, filmed after… Read More

After four consecutive years of record wheat production in the world, we’ve become accustomed to adjectives like “burdensome” and “massive” describing wheat supplies. However, it’s looking like 2017 could break that trend, according to Mike Krueger of The Money Farm. “That pattern is starting to change,” he says in the interview below, filmed at CropConnect in Winnipeg… Read More

Grain markets saw a correction this week as more supply and demand numbers out of South American became known, with less focus on the weather on the southern half of the equator. Everything ended the week in the red, with soybean oil being the biggest loser, down 4.85% while soybeans and canola lost 2.2% and 2.05%… Read More

Grain markets through the first full week of February swayed a bit on geopolitical risk and the market digesting the February WASDE report from the USDA. Wheat was the biggest winner of the week, thanks to smaller-than-expected global stocks in the report, up 4% for the week while, on the flipside, oats was the worst… Read More

Grain markets ended the month of January on the downtrend thanks to more geopolitical (aka President Trump) risk after reaching new highs the week before on continued weather concerns out of South America. Oats was again the main winner, up 2.55% for the week while wheat wasn’t farm behind, gaining 2.15%. With the Canadian Loonie… Read More

Pope Gregory I probably didn’t foresee his list being used as guidance for grain farmers managing market risk when he defined what became known as the seven cardinal sins in 590 AD. But whether we’re talking morality or grain marketing, these behaviours and habits can be costly. Brian Voth, president of IntelliFarm Inc., presented the “seven… Read More

Grain markets are closing out the month of January with not a lot of love as weather stabilizes in South American and President Donald Trump following through on a lot of campaign promises (first politician to ever do so?), which is creating more doubts about international demand and/or markets for U.S. agricultural products. From a performance… Read More

The announcement last week of a $400 million pea processing plant in central Manitoba caught many in the farm community by surprise. “Peas? Don’t you mean soybeans?” was the most common response. By far. With another 20-plus percent increase in soybean acres expected, there will likely be north of two million acres grown on the… Read More

Grain markets through the middle of January continue to be driven by South American weather challenges, namely flooding in parts of Argentina just as the soybean crop down there is starting to emerge. However, geopolitical factors like the U.K. Brexit and Donald Trump’s inauguration as the 45th U.S. President also weighed on markets. While soybeans… Read More

Food companies and millers are knocking on grain buyers’ doors looking for oats that have been grown without an application of glyphosate. Demand for “glyphosate free” oats has ramped up over the last few months, says Kenric Exner, merchandising manager with Viterra. “We’re starting to see more end-users in the U.S. ask if it’s possible…. Read More

Having turned the page on the calendar and last year’s crop, the Western Canadian Crop Production Show in Saskatoon in early January provides an opportunity each year to get a read on crop plans and sentiment heading into another growing season on the prairies. As part of our radio coverage in Saskatoon this week, we hosted a… Read More

FarmLink and Farm At Hand have announced the return of Grain World for 2017. The revamped conference will be held at the RBC Convention Centre in Winnipeg November 14 and 15, 2017. The two-day conference will feature keynote addresses from journalists Andrew Coyne and Michael Landsberg along with industry experts covering outlooks on major Canadian crops, and… Read More

After starting 2017 in the red, the grains market rallied quite well this week, however, corn and oilseeds are still below their highs seen in October and November. A couple of headlines that gained traction over the holidays were the South American weather (especially in Argentina), Egyptian wheat tenders, Black Sea winterkill risks, and continued… Read More

China could potentially come looking for more soybeans and canola from Canada if Donald Trump’s policies jeopardize U.S. sales to the world’s largest soybean importing country. The president-elect has clearly shown a willingness to challenge China, whether by it’s by phoning Taiwan’s president, airing his grievances on Twitter, or promising to label China as a… Read More

 

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