Grain markets continued their march higher again this past week, as weather concerns, strong demand, and speculative buying continue to support the bulls. Wheat prices have been on a tear, with Chicago SRW values continuing to sit at 6-year highs on La Nina concerns. Meanwhile continued healthy Chinese demand for American corn and soybeans supported… Read More

Statistics Canada’s recent September job market data is reassuring. Overall, employment in the country increased in September, creating 378,000 jobs, the majority of which were full-time jobs. This increase in September brought our total employment to 720,000, shy of the level we had before the pandemic. Obviously, children being back to school has helped bring some… Read More

Grain markets headed into the October long weekend on a high note after the USDA published a fairly bullish October WASDE report on Friday, October 9th, 2020. In it, the UDSA dramatically lowered soybean ending stocks, which helped propel the oilseed complex higher, including canola and soybean futures getting back up to levels not seen… Read More

Grain markets flipped the calendar this week on not only a new month, but also a new quarter, and there was plenty to digest. It really started in Tuesday’s wild U.S. Presidential debate, then was followed by Wednesday’s quarterly stocks and annual small grains production report from the USDA, and then finally, the news early… Read More

Grain markets pulled back this past week, something that many market participants, including yours truly, were expecting to see. Corn prices fell as harvest 2020 speeds up and the market is starting to consider the impact to ethanol demand, should a second wave of COVID-19 rage across the world this fall/winter. From a headline standpoint,… Read More

It’s official, we’re likely entering the twilight zone for grain markets. This week, we moved through the middle of September and grain futures are sitting at multi-year highs, yet it’s the time of year when we usually are seeing seasonal lows. The rally that we’ve seen since July has gone beyond just fundamental supply and demand factors, and… Read More

With the appointment of Lianne Rood as the shadow minister of agriculture this week, I think there will be a change in approach regarding agricultural issues between now and an election. Like her predecessor John Barlow, Rood has a strong background in agriculture and an eye on eventually being the minister of Agriculture and Agri-Food… Read More

It was an idea with the best of intentions — to bring the five major Canadian seed-related member organizations together under the banner of Seeds Canada. The idea was to address government and stakeholders with one voice, lower delivery costs for programming, and ensure farmers have access to the world-class genetics they deserve and expect…. Read More

 

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