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
Tag Archives grain markets
North American soybean planting expected to rise
Prices and low stocks encouraging increased acres
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
Drier South American conditions supporting soybean prices
Russia planning tariffs on grains as of February
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 […] Read more
2020 grain market review: The year that felt like a decade
MarketsFarm – The column in this space a year ago led with the line ‘the more things change, the more they stay the same.’ That line was a jumping off […] Read more
The top is likely in for soybean markets
Analyst predicts there is still more room for growth in corn prices
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. […] Read more
Increased soybean prices drive farmer sales
Ontario corn values are competitive with the global market, which should encourage sales
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 […] Read more
Feed weekly outlook: High demand keeps bids strong
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 […] Read more
Strong yields and prices make for good Ontario harvest
Global buyers look to build larger ending stocks
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 […] Read more