Statistics Canada released its final crop survey Dec. 2 for 2022 showing corn and soybean yields were lower than expected. Ontario farmers harvested 9.44 million tonnes of corn, which was […] Read more
Tag Archives grain markets
2022 corn, soybean yields lower than expected
The amount of winter wheat harvested in Ontario, however, was above expectations
Soybean price strengthens, corn and wheat flat
South American production, extension to Black Sea Grain Deal and lower Chinese demand are factors
Ontario soybean prices have been percolating higher over the past two weeks. Farmer selling has eased. At the same time, domestic and export demand has improved, resulting in the firmer […] Read more
Grain traders keeping a close eye on Black Sea safety corridor
Russian wheat will saturate world demand if Western sanctions are lifted
Ontario soybean prices have been relatively flat over the past month but corn prices are down 40 to 50 cents per bushel from October highs. Harvest selling pressure is ending […] Read more
Grain prices under pressure
High elevator supplies and other market factors encouraging export demand
Ontario corn and soybean prices have come under pressure as farmers continue to be aggressive sellers. Weather conditions have been optimal for harvest and off-farm movement. Supplies of corn and […] Read more
ICE weekly outlook: Watch for canola to climb higher
MarketsFarm – There’s the possibility of the nearby January canola contract reaching upwards to C$1,000 per tonne, according Winnipeg-based analyst Wayne Palmer of Exceed Grain. “I think you got canola […] Read more
Ukraine grain export deal back on as Russia resumes participation
Ankara/Kyiv | Reuters – Russia said on Wednesday it would resume its participation in a deal freeing up grain exports from war-torn Ukraine, reversing a move that world leaders had […] Read more
Green peas regain premium over yellows
MarketsFarm – Solid demand and tighter supplies have seen green pea bids regain a premium over yellow peas in Western Canada, although the market for both varieties remains solid overall. […] Read more
Ontario soybean yields vary widely from field to field
Some growers in dry regions saw lower yields, but overall provincial yield is likely to be average
Drought conditions this summer lowered soybean yields in much of the province, but they were far from uniformly poor. Some growers harvested their best soybean crop ever. “Dry conditions have […] Read more
Ontario crop production estimates in line with field observations
USDA forecast remains bullish on corn, wheat
The Ontario corn and soybean harvests are in the final stages. Yield reports continue to confirm Statistics Canada’s production estimates. Farmers have been aggressive sellers off the combine. At the […] Read more
ICE weekly outlook: Sideways canola market due for a move
MarketsFarm – The ICE Futures canola market largely held within its well-established sideways trading range during the week ended Oct. 26, with only the nearby November contract breaking higher as […] Read more