When market volatility is not the motivating factor for growers to sell, how do marketers avoid selling complacency setting in? Jonathon Driedger of Leftfield Commodity Research says that the markets could test new highs in the year ahead, but that small moves over time may be more likely in the year ahead. At the top… Read More
Tag: LeftField Commodity Research
Thanks for tuning in to this Tuesday edition of RealAg Radio, with host Shaun Haney. Haney is joined by Jon Driedger, of Leftfield Commodity Research, to discuss the 2023 commodity complex and the three key things to be watching in the markets. We will also hear a clip from Canola Week with Kelvin Heppner and… Read More
Now is an interesting time to be making decisions on old crop marketing or pulling the trigger on new crop pricing. Some farmers are well set for new crop, but market analyst Jonathon Driedger of Leftfield Commodity Research says there are three key factors that bear watching early in the new year. Looking very big… Read More
Seasonal movement off the lows of the pea and lentil markets hasn’t resulted in much beyond sideways movement, says Chuck Penner, founder of Leftfield Commodity Research, based at Winnipeg, Manitoba. But there are some differences between red and green lentils and yellow and green peas. The challenging harvest weather in Australia is playing a significant… Read More
If you’re tired of hearing words such as “unprecedented” and “new normal,” you’re not alone. That said, over time, what is average or normal or expected does change and evolve. Take commodity prices, for example. Over the very long term, the bottom level resistance for wheat futures at one time was $2/bushel. Eventually, that rose… Read More
Thanks for tuning in to RealAg Radio. Today’s show is brought to you by CanolaMaster! On this episode, host Shaun Haney is joined by Chuck Penner of LeftField Commodity Research, on the broader market and a discussion on if we have reached a new normal in commodity prices, as well as Jay Whetter, editor with… Read More
Thanks for tuning in to RealAg Radio! On today’s show we will hear from Jon Driedger of Leftfield Commodity Research, for a grain market outlook and discussion on the USDA WASDE report. As well, Heather Watson with Farm Management Canada, hops on to talk about the upcoming Agriculture Excellence conference. Don’t miss our spotlight interview… Read More
The U.S. Department of Agriculture released its WASDE report for October on Wednesday, and soybeans definitely received the bulk of the market reaction. Although corn and wheat yield projections were relatively in-line with analyst expectations, it was the soybean yield that made the market go…hmm. Arlan Suderman, of StoneX tweeted, “USDA pegged the #soybean yield… Read More
Jon Driedger of LeftField Commodity Research recently took a tour across Western Canada with LeftField Commodity Research and Argus Media to analyze the yield potential of the Prairie crop. Like any year, there are extremely variable pockets, but Driedger says for the most part, yields are looking average. The summary for cereals — with the exception… Read More
Welcome to Wednesday’s edition of RealAg Radio! On today’s show, you’ll hear: Jon Driedger of LeftField Commodity Research, on the crop markets; Olly Peoples of Yield10 BioScience, on the potential for camelina as a fit on the Prairies and Plains; Kevin Grier of Kevin Grier Market Analysis and Consulting, with an update on the pork… Read More
It’s been a wild week in the wheat markets, with lots of trading action and news stories driving the markets. Chaos, says Jon Driedger of Leftfield Commodities Research, is one way to describe it — starting off with last week’s United States Department of Agriculture report. “That was a friendly report for wheat. We go… Read More
It’s been a wild ride for the commodity markets in light of what’s happening with Russia’s invasion of Ukraine. Chuck Penner of Leftfield Commodities Research joined RealAg Radio on Wednesday to help interpret a bit of what is happening, in what is a very fluid situation. As Penner explains, it’s tough to even talk about… Read More
Regina is on its way to becoming the canola crush hub of the country. The most recent canola crush announcement, made last week, includes a 1.1 million metric ton capacity plant, funded by AGT Foods and Federated Co-operatives Limited. While announcements have been fast and furious the last few years, Chuck Penner of LeftField Commodities… Read More
When we think about how farmers market their crop, there are two significant events that have occurred in 2021 that may drive people to think a little different going forward. One of those is the market run-up last fall, when prices really began to escalate.The second factor is farmers in the western half of North… Read More
Many crops grown in Canada are traded on an active futures market: corn, soybeans, canola, and wheat being the most common. But plenty of other crops don’t trade on futures, instead relying on cash prices, actual deliveries, and contracts for price discovery and risk management. Jon Driedger of LeftField Commodity Research says that when market… Read More