Over the past 30 days, Ontario temperatures have been one to two degrees above normal while precipitation has been quite variable. A large portion of the Ontario growing region, mainly […] Read more
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Tag Archives grain markets
Soy price rises with Chinese demand and deteriorating U.S. crop
Ethanol, feed demand help raise corn prices in North America
Six-month Canadian dollar highs weigh on crop prices
Larger expected corn and soybean crops in the United States affecting prices
Over the past 30 days, the Ontario growing region has received above normal precipitation while temperatures have hovered two to five degrees above average. Quick look Soybeans: U.S. soybeans exports […] Read more
Crop price fundamentals improve based on demand, especially from China
The American dollar has lost value, making U.S. soy and corn more competitive
Ontario farmers had harvested approximately 50 per cent of the winter wheat as of July 26. We’re forecasting an average yield of 78 bushels per acre, down from the five-year […] Read more
Managed money backing out of bearish canola bets
MarketsFarm – Fund traders were backing out of bearish bets in canola while actively putting on new longs during the week ended July 21, according to the latest Commitment of […] Read more
USDA’s July WASDE has little effect on markets
U.S. Midwest weather likely having greater effect
MarketsFarm — There were some notable changes in the carryovers for corn, soybeans and wheat in the July supply and demand report from the U.S. Department of Agriculture released Friday. […] Read more
Brazilian currency drop, China purchase of U.S. soy weighs on Ontario demand
Ethanol production increases again as global economy slowly improves
Ontario farmers had planted 75 per cent of the corn crop and approximately 48 per cent of the soybean crop as of May 17. Over the past 30 days, the […] Read more
More U.S.-China trade spats could hit crop prices
North American crop planting is ahead of normal
We estimate that Ontario farmers will have planted 50 per cent of their corn and 10 per cent of their soybeans by May 10. The crop planting pace is in […] Read more
South American new crop weighs on global markets
Ethanol plant closures in U.S. reduce demand for corn
World corn and soybean markets are under pressure due to favourable spring weather in the United States and strong competition from South America for export business. Weaker energy prices are […] Read more
Grain price slump attracts bargain-hunting by importers
Hamburg | Reuters — The collapse in grain prices caused by concern about the global impact of the COVID-19 coronavirus has generated some bargain-buying by importing countries, traders said on […] Read more
U.S. crop fundamentals change as harvest arrives
A reduction in supply as of early September has improved crop prices
Above normal temperatures over the past month have accelerated development for corn and soybeans. We estimate that 60 per cent of the Ontario soybean crop was dropping leaves and 30 […] Read more
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