Grain marketing app company Combyne Ag has been acquired by Bayer Crop Science, joining Bayer’s suite of digital tools for farmers. Combyne, which was known as FarmLead until 2020, will continue to operate at arms-length to Bayer’s broader business, while benefiting from added resources and association with a partner with a shared vision, says CEO… Read More
Tag: Brennan Turner
There’s a lot of moving pieces going on in agriculture right now, and one of those pieces is the international crop. Just because we are talking international, doesn’t mean the crop doesn’t face one of the number one issues ours does domestically — the weather. As a function of La Niña conditions lingering, Australia has… Read More
On October 26th, the Bank of Canada announced a 50 basis point interest rate hike — marking the sixth raise of the calendar year. Brennan Turner, grain market analyst and founder of Combyne Ag, says because we’re in an environment of high inflation, we’re going to see a few more of these increases over the… Read More
Thanks for tuning in to RealAg Radio. Guest host Kara Oosterhuis is joined by Nate Horner, Alberta Minister of Agriculture and Irrigation, to discuss Alberta agriculture and irrigation, and Brennan Turner, grain market analyst, hops on to talk markets. As well, don’t miss the product spotlight interview with Jessica Young of Sevita International, and the… Read More
Corn prices have reached historic highs, and the outlook for 2021 looks very promising if you are looking to sell. However, if you’re on the buying side, such high feed prices across the market have not made it easy to purchase. When it comes to barley, Brennan Turner of Combyne Ag Trading Network says you… Read More
As the next few weeks progress, many farmers are beginning to look at those new crop prices. In a typical year, these conversations and discussions would normally occur at the various conferences and tradeshows. Many questions are arising without that ability to have face-to-face conversations, so to help us navigate through some of this, Brennan… Read More
Profitable grain prices can make sticking to a planned crop rotation a little tougher if there’s a clear winner in the bunch, but many farmers are enjoying decent prices across the board for most crops right now. How long these strong prices last is the big unknown, and to unpack where we’re at and where… 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
Grain markets were able to find some fresh gains for the first week of November, one which was very much overshadowed by the U.S. election. While Friday saw some selling in the grain markets, it was a still a relative positive week, but it was one that history will likely remember for the controversial words… Read More
Grain markets finished the last week of October in the red, but the pull-back this past week was not enough to keep the complex from having a positive monthly performance for front-month futures contracts. To finish off the month of October, a lot of trading activity circled around a few key factors: La Nina/dryness issues,… Read More
The unexpected bump up in commodity prices going into November begs the question: how long can it last? “A simple rule of thumb: high prices cure high prices,” say Brennan Turner of FarmLead’s Combyne Ag Trading Network. “I think there’s definitely a combination of factors that are kind of driving the markets right now; first… Read More
Let’s all just pause for a second and recognize that it’s already October 27. We’re not quite sure where the time has gone… but we’re happy to have you along for the ride. On today’s episode of RealAg Radio, you’ll hear: The top ag news stories of the day with host Shaun Haney; Torey Hadland… Read More
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
Grain markets had another positive week of momentum on dry weather concerns and continued strong export numbers, albeit traders took profits on Friday, limiting the weekly gains. Corn closed above $4 USD/bushel on the Chicago futures board for the first time since August 2019 as exports (both sales and shipments) to China continue to grow…. 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