Tag: Jon Driedger

Grain World crop tour lifts Prairie yield estimate

If you have heard us say it once, you will hear us say it again: the crop conditions in Western Canada are quite variable. Surprisingly, though, at Ag In Motion last week farmers repeatedly told us that crop conditions were better than you might expect. This week, Farmlink Marketing Solutions staff and third-party field scouts… Read more »

Canola and soybean divergence — one is flat and the other is a falling knife

In a week that featured multiple major commodity market stories, the oilseed complex faced several variables pushing soybeans and canola in opposite directions. In the nearby month (July), canola was up 0.48% while soybeans fell 6.58% to lead all agricultural commodities lower. On Thursday’s edition of RealAg Radio, Shaun Haney and Jon Driedger, FarmLink Marketing… Read more »

Nasty Weather Triggers Short Covering (and a Short Rally) in Wheat Market

The wheat market rallied earlier this week after parts of the U.S. hard red winter wheat crop were pummelled by nasty weather. A blanket of snow fell on ripening wheat in parts of Kansas, Colorado, Oklahoma and Nebraska. Heavy rains have also caused flooding from Oklahoma to Indiana. “There certainly is some damage in the… Read more »

Speculative Support, Pulse Export Uncertainty & NHL Playoff Picks — Jon Driedger

Record production and big supplies continue to weigh on grain markets, and yet, corn and soybean futures have remained relatively strong, and even trended higher, since fall. “There’s definitely been a shift in the narrative, from an outside fund, speculative money perspective,” explains Jon Driedger of FarmLink Marketing Solutions in this market conversation. Driedger joined Shaun… Read more »

From the Field to the Futures — Grinding Through Harvest

Soggy conditions have slowed harvest progress in much of Western Canada, as untimely showers have hampered crop quality and left combines standing still (or stuck). And the days when harvest equipment has been rolling have not been easy in many areas. It’s a similar story in the futures markets, as bearish supplies are making it tough for sustained… Read more »