Tag: Brennan Turner

FarmLead Announces Major Fund Investment

FarmLead, a Canadian-based and now global online grain marketplace, has announced a six-point-five million dollar (US) Series A raise led by Monsanto Growth Ventures (MGV), the venture capital arm of Monsanto, with additional investments from Avrio Ventures, the MaRS Innovation Accelerator Fund and Serra Ventures. The close supports FarmLead’s expansion into the U.S. market and the opening of… Read more »

Ugly Experience in ’16 Muddying Acreage Forecasts for ’17 — FarmTech Market Panel

Bad experiences with high disease levels in last year’s crop are making acreage projections for Western Canada in 2017 a tad more complicated than normal. “This year has been a lot more guess work. We have things we’re just not sure about because the price signals on durum are actually looking pretty favourable, the price… Read more »

Crop Week Market Panel: Winter Selling Opportunities, Acreage Expectations, and the Evolution of Grain Marketing

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 »

RealAg Market Update: What Goes Up Must Come Down…Or Maybe Not

Moisture is finally scattering across the prairies, and yield potential is looking good, but what is behind the agricultural commodity complex rising? Can this rally sustain itself over the rest of 2016? Or is it just an imposter rally sucking in the unsophisticated longs? At Canada’s Farm Progress Show in Regina Saskatchewan, Shaun Haney caught… Read more »

Spring Weather Volatility Escalated by South American Crop Concerns

There have been some significant rallies in the grain and oilseed market over the last week or two, but as they’ve trended higher, we’re also seeing more volatility. Soybean futures have recently rallied more than a dollar a bushel in U.S. terms and have traded in range of more than 40 cents in the last week…. Read more »

FarmTech ’16 — Loonie Moves, Lentil Acres & Best Sports Movies — Brennan “George” Turner

With planting season around the corner, markets are starting to focus on acreage expectations, looking for answers to questions like “how high will lentil acres actually be in Western Canada and the northern US?” But while there’s plenty of talk about pulses, there are also questions to be answered about 2016 wheat and canola production,… Read more »

Weak Loonie Offering Up Basis Pricing Opportunities

With the U.S. Federal Reserve raising interest rates for the first time in almost a decade and the Bank of Canada suggesting it’s considering negative interest rates, how much lower can the Canadian loonie drop relative to the U.S. dollar? It’s an important question when determining whether to lock in basis levels, as movement in the currency… Read more »

Chasing Headlines — This Week in the Markets

Grains this week were mixed as the market was chasing weather, export trade data, and harvest headlines. We ended the trading quarter this week, and oats was the biggest loser, dropping 15% over the course of it, followed by Chicago wheat (-12.8%), soybeans (-12.1%), canola (-10.6%), and corn (-10.5%). From a currency perspective, the Canadian… Read more »

Which Way is the Tide Moving? — This Week in the Markets

Grains finished the last full week of trading in September in the green thanks to some unfavourable weather conditions in Europe and Asia, and better-expected-export numbers for U.S. sales. While crop progress reports in North America continue to show that things are ahead of schedule & crop quality is relatively decent, some good buying strength… Read more »

Flip-Flopping Trade, Fed Decision and a Focus on Risk Still On the Table — This Week in the Markets

Grains this week were relatively mixed as a combination of various weather forecasts and new production reports had the trade flip-flopping all over the place. Corn and soybeans were lower with good growing conditions and South American planting starting up. The strength of the U.S. dollar has been waning a bit as expectations were confirmed… Read more »

Fireworks and Tears — This Week in the Grain Markets

Grains had a big week in the markets with everything ending in the green thanks to wet weather in the U.S. Midwest, and drier weather in Western Canada and Europe. November canola on the Winnipeg exchange nearly touched $12/bu, winter corn and soybean contracts pushed above $4/bu and $10/bu (respectively) in Chicago, and we’re starting… Read more »

Fireworks Likely as Market Awaits U.S. Acreage and Stocks Estimates

Grain markets continue to trade a little erratically with analysts mostly focused on acreage estimates and weather forecasts for the northern hemisphere. The wheat complex started the week out strong but lost said strength over the following days as bearish weather and crop condition reports pushed things lower. Also of note though was the U.S…. Read more »

This Week’s Market Recap: Lower U.S. Corn Yields, South American Soybean Planting & Poor Weather Down Undaa

This just in — it’s winter. Snow is starting to fall across most areas around and above the 49th parallel, which will limit the ability to take off the remaining U.S. corn and soybean fields (some might have to wait until spring!). The cold could also have a negative effect on the winter wheat which… Read more »

RealAg Hockey Podcast — Ep. 3: Early Season Surprises, Smack Talk & Scottish Accents

The 2014-15 NHL season is into its second month, with Tampa Bay leading the Eastern Conference standings and Anaheim leading the West. Offensive leaders Sydney Crosby and Tyler Seguin (for goals and points, respectively) are sitting pretty, while Jake Allen and Craig Anderson are stopping pucks left, right and centre, making them current goalie leaders (in goals… Read more »

This Week in Markets — Truth Behind the Numbers

As we close the month of August, the harvest itch was replaced in most areas with frustration as most of the U.S. Midwest and Canadian Prairies got hit with some untimely, heavy rains. The recent rains were seen as positive for both sides of the cornbelt with Iowa, Illinois, Indiana, & Nebraska all getting a… Read more »