grain markets Archives | Page 15 of 22

The winter wheat crop in Ontario experienced less winterkill than expected and a harvested crop of 2.1 million tonnes is expected this year, down from the 2021 output of 2.7 million tonnes.

Uncertainty continues to drive grain prices

High energy prices, inflation and export demand all supportive but weather woes could increase volatility

By Jerry Klassen May 2, 2022

Ontario elevator bids for corn and soybeans made fresh 52-week highs during mid-April for both old and new crop positions. Ontario farm stocks of corn and soybean will drop to […] Read more

The USDA Prospective Plantings report said that soybean acreage intentions were larger than anticipated, and U.S. corn acres were much lower than traders’ expectations.

Markets, Markets/Business

USDA crop reports surprise analysts

Despite export ban from Ukraine, there hasn’t been an increase in export demand for U.S. corn and wheat

By Jerry Klassen April 14, 2022

The markets are in a transition stage. Earlier in March, the focus was on nearby tight fundamentals due to the limited export potential from Russia and Ukraine. The “war premium” […] Read more

Ontario corn is seeing more export demand as the price of corn rises in Europe due to the drop in exports from Ukraine.

Markets, Markets/Business

Global instability drives crop price effects in Ontario

Potential large crop in Brazil could limit Ukraine export impact

By Jerry Klassen April 1, 2022

Ontario grain and oilseed markets continue to digest uncertainty in world production and trade due to the Russian invasion of Ukraine. The longer the conflict continues, the less likely that […] Read more

Markets, News

China’s soybean imports beat market expectations

By Dominique Patton, Hallie Gu March 28, 2022

Reuters – China’s soybean imports in the first two months of 2022 rose from the previous year, beating market expectations, according to March 7 customs data. China, the world’s top […] Read more

More than 95 per cent of Ukraine’s crop is winter wheat and it was already in the ground before the conflict began. The fate of that crop is more likely to be determined by spring rains than war, according to Rich Nelson, Allendale Inc.’s chief strategist.

Markets, News

Fate of Ukrainian wheat crop uncertain

Winter wheat will be more dependent on rains but war will affect spring-planted crops

By Sean Pratt March 22, 2022

Glacier FarmMedia – Ukraine’s Maritime Administration has announced that the country’s ports will remain closed until the Russian invasion is over, putting a halt to old crop exports. That is […] Read more

The Russia/Ukraine conflict will have the greatest effect on wheat, because these two countries account for 14 to 17 per cent of global production.

Markets, Markets/Business

Grain markets reach historic highs in March

Russia’s invasion of Ukraine will affect wheat prices the most moving forward

By Jerry Klassen March 18, 2022

World grain and oilseed markets have incorporated a risk premium due to the Russian invasion of Ukraine. Ontario corn, soybean and wheat prices have made fresh historical highs during the […] Read more

Markets, Markets/Business

Soybean markets poised to respond based on war footing

Corn and soy supplies expect to hit historical lows at end of crop year

By Jerry Klassen March 4, 2022

Editor’s note: This market analysis was mostly-prepared before the impact of the Russian invasion into Ukraine. As a result, many global commodities are in sway due to a multitude of […] Read more

Larger than initially anticipated corn and soybean exports will likely occur due to lowered South American production estimates.

Markets, Markets/Business

Risk premium factors in futures market for corn, soybeans

U.S. supply also tighter than anticipated

By Jerry Klassen February 18, 2022

Two main factors are influencing Ontario corn and soybean prices. First, the futures markets are incorporating a risk premium due to uncertainty in South American production. Drier conditions in Argentina […] Read more

Demand for U.S. corn will keep the market strong until Brazil’s second corn crop is available for export in late May.

Markets, Markets/Business

South American soybean production may cause market volatility

Corn prices remain high due to feed demand, wheat in seasonal low

By Jerry Klassen February 7, 2022

Ontario corn prices are relatively unchanged from last month. All three pillars of corn demand are at seasonal highs. Ontario corn exports are running ahead of year-ago levels while strong […] Read more

In January elevator bids for corn were the highest they’ve been since August 2021 and bids from ethanol processors were at a 20 to 30 cent per bushel premium.

Markets, Markets/Business

Strong energy prices support increased corn, soybean market values

Domestic market demand and uncertainty surrounding South American crops also contributing factors

By Jerry Klassen January 21, 2022

Ontario soybean prices have risen $1 per bushel over the past month. The domestic market is being pulled higher by the energy complex and stronger meal values. Soybean exports are […] Read more