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U.S. crop planting on schedule, but corn carry-out could still be tight

China-U.S. trade threats are causing uncertainty in global grains and oilseed trade

Grain and oilseed markets continue to digest northern hemisphere weather and crop conditions. Australia remains dry as farmers begin winter grain sowing. Precipitation levels have improved in Argentina for winter wheat seeding but have delayed the corn and soybean harvests. The Brazilian soybean harvest is in the final stages; however, drier conditions have plagued the […] Read more

Organic commodity prices still hard to track

Solid information on organic crop pricing remains elusive, especially for the Canadian market. There are similar problems in the rest of the world where fraud and a lack of data have made it challenging for organic farmers and marketers to set prices. Ryan Koory of Mecaris, an organic trading company, however, says that there’s little […] Read more

Eastern Canadian dairy quota cut

The amount of underproduction credits held by producers is causing concern and could result in more cuts

Dairy quota is being cut by 1.5 per cent in an effort to slow down growing milk production. The committee that manages quota in Canada’s five eastern provinces has cut quota effective May 1, 2018 by 1.5 per cent and reduced fall 2018 incentive days for conventional producers to zero in August and two days […] Read more

For China corn farmers, prices trump policy ahead of planting

Beijing | Reuters – China’s farmers are expected to plant more corn this year, eyeing higher prices and profits despite a push to reduce acreage devoted to the cereal under the government’s latest five-year plan. Corn planting has fallen for the past two years, while soybean acreage has risen, as Beijing looks to whittle down […] Read more

Soy drinks drive Taiwan IP-soybean imports

Canada is now the leading supplier to the country

Canada’s exports to Taiwan continue to increase to a 60 per cent market share in non-genetically modified (GM) soybeans in 2017. Exports of non-GM and commodity soybeans increased 416 per cent from 2012 to 2017, totaling 46,000 tonnes. Taiwan’s market is still dwarfed by Canada’s export of soybeans to Japan, which last year totaled 340,000 […] Read more

COMMENTARY: Exporting country weather means market variability

Stronger soymeal values due to Argentine drought has strengthened Ontario soy basis

Welcome to the first market commentary on corn, soybeans and wheat markets in Ontario for Farmtario. Quick look: Drought in Argentina moving soymeal prices. Ongoing rains in Safrinha region in Brazil means delays in soybean harvest and corn planting. Drought in U.S. Southern Plains means trader concern over an expected corn acre decrease. The recent […] Read more