Statistics Canada’s June acreage survey held no surprises. Corn, soybean and wheat acreage was similar to March data. There was some yield drag on corn and soybeans in the dryer […] Read more
Tag Archives grain markets
Corn, soybean, wheat basis holds firm
Demand for old crop soybeans coming in below expectations
Less demand means soybeans to hit seasonal low from now to October
Chinese demand for corn will be a large and unknown factor for the 2021 crop
Ontario farmers were in the final stage of planting corn and soybeans during the last week of May. The region between Toronto and Windsor has received less than 40 per […] Read more
How hot can prices get?
High prices can skew cost of production, making farmers vulnerable
Commodity prices have been strong for the past eight months. It’s been a boon for growers, though prolonged periods of decent returns can skew cost of production. Canadian growers could […] Read more
Timely rains needed to sustain yields in Canada and U.S.
Dry fields have pushed planting progress ahead of normal rate
Over the past 30 days, most of Ontario has received 60-85 per cent of normal precipitation. However, the region from Toronto south to Windsor is relatively dry. Quick lookSoybeans: The […] Read more
Brazil crop uncertainty boosts corn market
Commercial buyers struggle to find old crop supplies of soy
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
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