Rounding out a year full of surprises, the United States Department of Agriculture’s (USDA) took the mostly predictable route with its final World Agricultural Supply and Demand Estimates (WASDE) report of the year on Thursday. The major figures in the December report were largely in line with the trade’s expectations. Soybean ending stocks were down… Read More

Canola production in Western Canada this year dropped to a level not seen since 2015, according to Statistics Canada’s final crop report of the year, published on Thursday (Dec. 3). The agency said national canola production fell from 19.6 million tonnes in 2019 to 18.7 million tonnes in 2020, as the average yield decreased 3.1… Read More

After enjoying a counter-seasonal rally in the grain markets, prices have started to drift lower. Farmers with crop left to price might be wondering — now what? To answer that question, we go to Jon Driedger of Leftfield Commodity Research. While there’s no ruling out a move to the upside, Driedger has a hint of… Read More

Grain markets moved into the second half of November largely in the green, thanks to USDA sharing some bullish data in their November WASDE report. Soybean and canola prices continue to reach new multi-year highs as export demand remains strong, stocks continue to tighten, and weather concerns remain for the South American crop. Wheat prices… Read More

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