The Northern Hemisphere wheat harvest is in the early stages. Corn and soybean markets are factoring in a risk premium due to uncertainty in U.S. production. Quick lookSoybeans: Brazil and […] Read more
Tag Archives grain markets
Wheat futures market remains volatile
Early U.S. yields better than expected; Russian wheat not dominating like last year
Prairie Wheat Weekly: Prairie wheat bids trend lower with U.S. futures
Spring wheat bids in Western Canada fell sharply lower during the week ended June 13, seeing a continuation of the previous week’s declines as losses in the United States futures […] Read more
Feed weekly: Prairie barley market steady with good new crop projections
Feed barley bids are holding relatively steady in Western Canada, showing little movement over the past month as end users await the new crop amid relatively favourable growing conditions. Drought […] Read more
June Supply and Demand report has little effect on grain markets
To broker Ryan Ettner of Allendale Inc. the June supply and demand reports from the United States Department of Agriculture has little impact on the markets for June 12. “Given […] Read more
ICE weekly: Canola futures volatile amidst selling, rainy weather
Intercontinental Exchange (ICE) canola futures went on a rollercoaster ride during the week ended June 12. The July contract failed to record consecutive gains or losses during the week, with […] Read more
Fund short position grows in canola
Fund traders were back on the sell side of the canola market in early June, putting on fresh bearish bets and growing their net short position, according to the latest […] Read more
Grain traders forecasting big U.S. soybean crop
World will contend with a sharp year-over-year increase in soybean production for 2024/25
Ontario corn and soybean prices are at six-month highs. Farmers should sell the final 20 per cent increment of their 2023 corn and soybean production. Quick lookSoybeans: Traders are factoring […] Read more
Latest USDA report bullish for corn
Lower than expected yields could occur due to late planting, insect pressure
Ontario corn and soybean planting progress is running seven to 14 days behind normal. A later planting period generally results in lower yields. Winter wheat is rated 70 per cent […] Read more
North American soybean prices soften
The U.S. will need to carry the world in corn until late June and July
This month, traders will be focused on the U.S. planting pace and North American weather. Last month, a large portion of Ontario received over 150 per cent of normal precipitation. […] Read more
Start the conversation on hard red winter wheat
Nitrogen price and availability led to a drop in Ontario hard red wheat acres
Wheat harvest is roughly three months away, and the industry value chain is assessing its needs for hard red winter wheat. Although no one defines the situation as critical, there […] Read more
Cyber-Savvy Farmer
