ICE July 2019 canola (candlestick chart) compared to CBOT July 2019 corn (line). (Barchart)

ICE weekly outlook: All eyes on King Corn

MarketsFarm — ICE Futures canola contracts trended lower over the past two weeks and could have some more room to the downside before eventually returning higher with summer weather markets and expected strength in Chicago corn futures. The November canola contract settled at $450.40 per tonne on Wednesday. The contract could have another $5-$10 to […] Read more


Planting progress made in most areas of Ontario

Ontario Field Crop Report for the week of June 10

[UPDATED: June 14, 2019] Significant planting progress was made the end of last week and through the weekend as sunshine and warm temperatures dominated for a string of days. Despite the calendar date and reduced yield potential of later planting, many continued to plant corn noting the competitiveness of returns relative to soybeans. Many areas […] Read more



Weather window sees significant planting progress in parts of Ontario

Ontario Field Crop Report for the week of June 3

There has been considerable progress across the area in the last few days. Some areas of the province continue to struggle such as south Huron and Perth and further southwest into the heavier soils of Lambton, Chatham, Essex and Niagara. These areas with the heaviest soils have continued to receive more rain than other areas […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Weather buoys grain prices

MarketsFarm –– A dry spring on the Prairies, coupled with intensely wet weather south of the border, has frustrated producers and supported higher feed grain prices. Barley prices have rallied “quite strongly” due to dry weather observed across most of the Prairies, combined with tight supplies from previous years, said Nelson Neumann of Agfinity in […] Read more

CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy futures extend rally

Chicago | Reuters — U.S. soybean futures rose 1.6 per cent on Wednesday, hitting their highest since mid-April on support from concerns that planting delays in the U.S. Midwest will lead to a sharp cutback in acreage as well as harvest yields, traders said. The jump followed a U.S. Agriculture Department report after the market […] Read more


Precipitation percentiles on the Prairies for the period of April 1 to May 23, 2019. (Agriculture and Agri-Food Canada Drought Watch)

Prairie dryness concerns to persist

MarketsFarm — Large areas of Western Canada remain on the dry side, with little moisture in the immediate forecasts. And while it’s still early in the growing season, the interplay of conflicting patterns from the south and north will determine whether the dry areas receive timely precipitation during the growing season. “We are looking at […] Read more