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Tag Archives grain markets — page 18

Ontario winter wheat planting was up in fall 2020 over 2019 acreage totals.
Markets, Markets/Business

Market sends signals for more soybean acres

U.S. corn exports are running 131 per cent above last year

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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 to recent precipitation and favourable weather forecasts. Quick look Soybeans: Farmers were regular sellers throughout the price rally. Corn: Ethanol demand for corn has declined […] Read more
Soybean stocks in Ontario and in the United States are expected to reach historical lows this year.
Markets, Markets/Business

Soybeans, corn, wheat continue strong runs

Soybean demand remains firm in midst of heavy farmer selling

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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 Soybeans: South American crop will have an impact on prices after March. Corn: Earlier-than-usual export holding Ontario corn prices. Wheat: Russian, Ukraine wheat limits supportive […] Read more
Soybeans have continued to climb in value at the end of 2020.
Markets, Markets/Business

Drier South American conditions supporting soybean prices

Russia planning tariffs on grains as of February

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Statistics Canada’s final crop survey confirmed above-average yields for Ontario corn and soybeans; however, winter wheat yields came in similar to the five-year average. Quick look Soybeans: Ontario 2020 production was higher than the five-year average. Corn: Corn production in Ontario is up .3 million tonnes over the five-year average. Wheat: Canadian non-durum wheat stocks […] Read more
Ontario soybean exports have jumped as has domestic usage.
Markets, Markets/Business

The top is likely in for soybean markets

Analyst predicts there is still more room for growth in corn prices

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At the beginning of December, Ontario elevator spot soybean bids were hovering around $15 per bushel, up 40 cents per bushel from mid-November and the highest levels since June 2016. Quick look Soybeans: Exports and domestic usage both up from 2019. Corn: Ontario corn exports are 10 times greater than last year. Wheat: Russian government […] Read more
Soy and corn markets are focused on the future South American crop.
Markets, Markets/Business

Increased soybean prices drive farmer sales

Ontario corn values are competitive with the global market, which should encourage sales

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Ontario corn and soybean prices have been percolating higher over the past month. Domestic demand is moving through seasonal highs while exports are running above year-ago levels. Farmers harvested the crop in a timely fashion, however, year-to-date deliveries into the commercial system have been similar to year-ago levels. Recently, we’ve seen an increase in farmer […] Read more
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Crops, Markets

Feed weekly outlook: High demand keeps bids strong

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MarketsFarm — Feed grain prices in Western Canada have come off of recent highs but remain “higher than what feeders like to see.” That’s according to Brandon Motz of CorNine Commodities ar Lacombe, Alta., who said feed grains are still in a “high-demand market,” with spot prices for feed barley and wheat around $260-$265 per […] Read more
Corn harvest yield is coming in above expectations in Ontario.
Markets, Markets/Business

Strong yields and prices make for good Ontario harvest

Global buyers look to build larger ending stocks

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At the time of writing this article, Ontario corn and soybean harvests were in the final stages. Most of the growing region had received 60 to 80 per cent of normal precipitation from Sept. 15 through Oct. 15, providing optimal harvest conditions. Quick look Soybeans: Ontario prices increasing despite high yield harvest. Corn: Ontario corn […] Read more
Soybean harvest is well underway in Ontario, with prices continuing to rise.
Crops, Markets

Take advantage of rising grain prices, farmers urged

Corn, soybeans stick at prices that haven’t been seen much in the past five years

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Glacier FarmMedia – Market analysts think grain markets are at the beginning of a sustained rally that could see strong prices for two years. A bull and a maybe-bear both agree that now is a good time to make sales on main crops. After a strong recent rally, today’s prices are worth picking up for […] Read more
The speed of corn dry down has been variable in Ontario, based on planting date.
Markets, Markets/Business

Corn basis under pressure with strong harvest yields

Soy prices continue to be buoyed by global factors

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The Ontario corn and soybean harvests are well underway and yield reports confirm earlier crop estimates from the trade. We’re not hearing of any major fusarium or disease issues. Quick look Soybeans: Soybeans appear competitive in European markets for the rest of the year. Corn: Ontario yield coming in better than expected. Wheat: Increased wheat […] Read more

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