Tag: FarmLead

FarmLead launches new basis negotiation feature

FarmLead, North America’s Grain Marketplace, announced today the launch of the FarmLead Basis Negotiation feature on its leading trade platform. The new feature allows buyers and sellers to post and negotiate basis contracts in addition to the existing options of cash contracts. The announcement complements the company’s continued expansion across North America. The new feature… Read more »

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 »

FarmLead Launches New Deal-Matching App

FarmLead has launched an all-new mobile app available for iOS and Android platforms. The new app includes an optimized mobile interface, improved negotiation features, and expanded geographic coverage. This version of the FarmLead app also features an improved deal matching tool, allowing users to geo-locate offers. Deal negotiation now includes a chat feature, allowing buyers and sellers to discuss a deal before… 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 »

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 »

Grain Pricing Transparency is Sadly Long Overdue

This past week the PDQ (price and data quotes) website was launched for farmers across Western Canada. As noted by Tom Steve of the Alberta Wheat Commission, “This level of cooperation is encouraging and we look forward to improving the level of price transparency available for farmers and other industry stakeholders via PDQ.” In truth,… Read more »

This Week in Markets — A WASDE Recap, Bullish Acreage Numbers & More

Grain and oilseed prices through the middle of August continue to be depressed by anticipation of a bigger harvest. Specifically, on Tuesday, August 12th we got this month’s version of the USDA’s WASDE report which came in somewhat bullish corn, despite production still being pegged at over 14 billion bushels. Corn prices were supported by… Read more »

Lower Grains and Doubt on Crop Production Estimates

Grains have traded relatively lower this week as a relatively bearish outlook from the U.S.D.A. last Friday but a bit of a damper on the market. Corn and wheat prices have taken the biggest hit week-over-week as positive planting progress across the border in the U.S. pulled back some of the premium built into the… Read more »

Crimea, WASDE and Canada’s Growing Trade Network

Editor’s note: This is the second edition of a new weekly markets column authored by Brennan Turner, founder of FarmLead. Check out www.FarmLead.com for more, and find Brennan on Twitter as @FarmLead. The second week of March saw some wild price swing as the market focused on Monday’s World Agricultural Supply and Demand Estimates (WASDE) report from the… Read more »

TechTour: Post & Negotiate a Grain Deal from Anywhere with FarmLead.com

Selling grain can be as easy as a phone call, but that’s the exception, not the rule. What’s more, getting a deal done usually requires a bit of back and forth to get the terms that work for your farm. The easier it is for grain buyers and grain sellers to connect and negotiate, the… Read more »

RealAg Markets: Mostly Flat Pulse Prices & Giant Heaps of Grain on the Ground

Brennan Turner recently asked farmers if they’d prefer extra bushels but lower prices, or sky high prices but a poor crop. Not surprisingly, farmers would prefer inventory, likely in part because Canadian farmers are quite comfortable with storing grain. Of course, the yields and volumes coming off fields this fall has left many farmers without… Read more »