Spring wheat bids in Western Canada climbed higher during the week ended April 25, as a rally in United States futures provided support. Chart-based speculative buying was behind much of […] Read more
Tag Archives grain markets
Prairie wheat bids climb with U.S. futures
Latest USDA report supportive for corn; neutral to bearish for soybeans, wheat
Geopolitical risks, weather issues may create volatile grain and oilseeds markets this summer
Recent weather suggests Ontario planting will occur in line with the five-year average or slightly later. A later planted crop tends to result in lower yields. Quick lookSoybeans: Ontario soybean […] Read more
Volatile world wheat market, conditions bear close watch
Lower wheat production in Europe and dry conditions in Russia and Ukraine will affect prices
Ontario received average precipitation in March, and temperatures were four to six degrees above normal. Soil and weather conditions are favourable for planting corn and soybeans and planting of row […] Read more
Volatile corn market expected from April onward
Market has potential to move higher in summer due to weather, yield predictions
Ontario farmers plan to plant more soybeans this spring while corn acres will be similar to last year. Producers planted less winter wheat during the fall of 2023 and plan […] Read more
Grain export demand slows beyond seasonal expectations
Canada’s second and third largest trading partners continue to struggle while the U.S. economy continues to outperform
Ontario corn, soybean and wheat prices have come under pressure in recent weeks. Export demand during the January through March period has been lower than expected for corn and soybeans. […] Read more
Canada, U.S. soybeans face reduced export demand
Prices are at a premium compared to product from South America
Statistics Canada released its Dec. 31 stocks report on Feb. 8. Ontario on-farm wheat stocks were lower than anticipated. The year-over-year increase in wheat production resulted in larger farmer selling. […] Read more
World wheat supplies may recover in 2024
Some analysts expect a rebound but others aren’t as confident
Glacier FarmMedia – Gro Intelligence is forecasting a rebound in global wheat supplies in 2024 after multi-year declines. World stocks of the crop, excluding China, have declined for four straight […] Read more
Seasonal high corn demand expected in spring
The market is currently functioning to encourage demand; U.S. market will determine price next winter
Ontario wheat, corn and soybean prices consolidated during the first half of February. Export demand for Ontario corn and soybeans moves through a seasonal low during winter. At the same […] Read more
The ripple effects from China’s declaration of self-sufficiency
The country’s decision to limit soybeans in feed rations could be challenging
China has long relied on imported food and feed ingredients for its livestock herds and poultry flocks, but there are signs that could change. A Jan. 3 Feed & Grain […] Read more
Bump in 2023 U.S. corn yields surprises industry
On-farm stocks will be historically tight due to export demand
Ontario wheat, corn and soybean prices dropped 30 to 50 cents a bushel throughout January. Commercial grain companies in Ontario are holding larger stocks of the three main crops and […] Read more
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