There’s a market rally happening, but it’s harvest. What in the tarnation is going on with the grain markets? For that answer, we go to Jonathon Driedger of Leftfield Commodity Research, for this LIVE! Q&A. Don’t miss RealAg LIVE! weekdays at 1 pm M/3 pm E on your favourite social media channel — Facebook, Twitter,… Read More
We have a different kind of Pulse School episode for you — it’s market focused this time, instead of agronomy focused. The export destination of peas is shifting, and some of the patterns in pricing are changing too, which may mean opportunities for farmers when they go to market their pulse crops, especially yellow peas…. Read More
Canadian lentils headed to India are once again facing a steep import tariff after a short reprieve that saw plenty shipped into the massive South Asian market this summer. India’s import levy on lentils from all countries except the U.S. has reverted to 30 per cent, plus a 10 per cent tax on that amount… Read More
The recently released Statistics Canada report projected canola production to decline by 0.4 per cent to 19.4 m tonnes for 2020. Yields are expected to be up, with harvested area down. “In terms of their estimate for production, in our opinion it’s a bit on the light side, our estimate is just shy of 20… Read More
By many accounts, if the sun shines and the creek don’t rise, there’s a monster spring wheat crop coming in the west. But don’t just take our word for it; mounting evidence from several sources points to a rather large spring wheat supply building in Western Canada. Jon Driedger, senior market analyst with LeftField Commodity… Read More
Many Canadian ag exporters may have wished that they had hedged the dollar a bit more. The Canadian dollar has climbed recently, making its way back to pre-COVID levels, around the US$0.755 mark. It’s hard to know what to expect for the second half of 2020. Jon Driedger of LeftField Commodity Research recently joined Shaun… Read More
As June winds down to a close, the United States Department of Agriculture (USDA) rolls out its revised acreage report. The latest report brought some surprises, to say the least, as some numbers were a significant revision from March, 2020. It is safe to say the market was a little shocked, as the USDA came… Read More
Just how important is the European Union canola (rapeseed) market? According to LeftField Commodity Research, the region had more than doubled its year-over-year canola imports up to mid-March of this year, offsetting nearly half of the Canadian tonnage that would have been sold to China. That’s a significant increase, says Jonathan Driedger with LeftField, driven… Read More
This week’s second Q & A LIVE segment features Leftfield Commodity Research analyst Jon Driedger and Shaun Haney discussing all things grain markets. Listen/watch for a full discussion on corn market dynamics, livestock ration swap-out options, why oats may face major over-supply, and the good news story that is pulses. Tune in Tuesday, April 28th,… Read More
We’ve focused a lot lately on what is going on in the protein sector, which hasn’t have a lot of positives as of late. But on the crop side of the fence — oilseeds, coarse grains, pulses — overall, the markets for many crops grown in Western Canada have not been hit as hard by… Read More
When thinking of Canadian pulse exports, most think of India. That thinking needs to evolve, says Chuck Penner, founder and grain market analyst for LeftField Commodity Research. “A number of years ago we were getting all hot and bothered about massive volumes, and it was great business while it was there,” Penner says. “So we… Read More
It has been a very difficult week for Canadians, as conflict in the Middle East between the U.S. and Iran attempts to find calmer ground. In an unbelievable tragedy, 176 people were killed, including 57 Canadians, when a passenger jet was shot down — reportedly by mistake — leaving Tehran. Earlier this week on RealAg… Read More
The pulse harvest in Alberta and Saskatchewan is in its late stages now, and although there are some anecdotal observations of better-than-expected quality, it’s not all ideal. “There is some sprouting, and there is a lot of earth tag,” says Chuck Penner, of Leftfield Commodity Research, adding the visual damage is worst for green lentil… Read More
While harvest delays and yield challenges might typically support a commodity’s price in the markets, Canadian canola has a bigger issue – its large carryout. “It just hangs over like a wet blanket, and it’s something we’ve known was coming, and yet it creates a whole market situation where things just really feel like a… Read More
Less than two weeks are left in August and most if not all have started harvesting the crop. If you need something to listen to while in the combine or grain truck, click here for a list of our past RealAg Radio episodes. On today’s show: RealAgriculture news lead, Jessika Guse and host of the… Read More
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