Compared to last year, Ontario farmers will increase soybean acres by two per cent and corn acres will be up 1.7 per cent, according to Statistics Canada. Ontario farmers are […] Read more
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Tag Archives grain markets
Brazil crop uncertainty boosts corn market
Commercial buyers struggle to find old crop supplies of soy
Ontario corn, soybeans hit highs, wheat slides
Markets are now focusing on upcoming North American production
Ontario corn and soybean prices made fresh 52-week highs in early April while elevator wheat bids have dropped 40 cents per bushel from the February peak. Quick look Soybeans: Ontario […] Read more
Market risk in South America erodes, causing limited market upside
Ontario crop exports should increase as Great Lakes shipping opens
The Ontario growing region has received less than 40 per cent of normal precipitation over the past 30 days. Farmers are heading into the spring period with drier conditions and […] Read more
Volatile crop market expected in 2021
There’s little extra supply to endure a weather-related crop event
Glacier FarmMedia – Chip Nellinger has one central piece of advice for grain farmers heading into the 2021-22 crop year — fasten your seatbelts. “It’s going to be a real […] Read more
European demand up for Ontario soybeans
Soybean stocks are tight around the world and poor weather could make them tighter
During the second week of March, Ontario corn, soybean and wheat prices were trading near or at 52-week highs as domestic and export demand continues to exceed year-ago levels. Quick […] Read more
Dissecting China’s hunger for corn
Surprising volumes of corn were bought by China in 2020, supporting prices
Analysts are debating whether China’s huge 2020-21 corn and wheat purchases are an anomaly. Dan Basse, president of AgResource Company, is firmly in the camp that they are not a […] Read more
North American soybean planting expected to rise
Prices and low stocks encouraging increased acres
During the final week of February, Ontario soybean prices were hovering around $17 per bushel, while elevator corn bids were slightly below $7 per bushel. Quick look Soybeans: Canadian soybean […] Read more
Rains in Brazil delay soy harvest, support markets
The country is still expected to have a record soybean crop
According to Statistics Canada, total Canadian corn stocks as of Dec. 31 were 11 million tonnes, up from 10.7 million tonnes on Dec. 31, 2019. Total soybean stocks at the […] Read more
Market sends signals for more soybean acres
U.S. corn exports are running 131 per cent above last year
Earlier in January, the corn and soybean futures market incorporated a risk premium due to the uncertainty in South American production. This risk premium in the market is eroding due […] Read more
Soybeans, corn, wheat continue strong runs
Soybean demand remains firm in midst of heavy farmer selling
Ontario soybean stocks are expected to drop to historical lows at the end of the 2020-21 crop year due to the year-over-year increase in export and domestic demand. Quick look […] Read more
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