Food companies and millers are knocking on grain buyers’ doors looking for oats that have been grown without an application of glyphosate. Demand for “glyphosate free” oats has ramped up over the last few months, says Kenric Exner, merchandising manager with Viterra. “We’re starting to see more end-users in the U.S. ask if it’s possible…. Read More
Category: Markets
Grain markets ended the second week of January a little higher than they started things, mainly thanks to a relatively bullish WASDE report from the USDA, on Thursday, January 12. The January report tends to provide some fireworks, and it did not disappoint this year, helping guide futures values higher. Soymeal, up 7.1% for the… Read More
Having turned the page on the calendar and last year’s crop, the Western Canadian Crop Production Show in Saskatoon in early January provides an opportunity each year to get a read on crop plans and sentiment heading into another growing season on the prairies. As part of our radio coverage in Saskatoon this week, we hosted a… Read More
FarmLink and Farm At Hand have announced the return of Grain World for 2017. The revamped conference will be held at the RBC Convention Centre in Winnipeg November 14 and 15, 2017. The two-day conference will feature keynote addresses from journalists Andrew Coyne and Michael Landsberg along with industry experts covering outlooks on major Canadian crops, and… Read More
After starting 2017 in the red, the grains market rallied quite well this week, however, corn and oilseeds are still below their highs seen in October and November. A couple of headlines that gained traction over the holidays were the South American weather (especially in Argentina), Egyptian wheat tenders, Black Sea winterkill risks, and continued… Read More
China could potentially come looking for more soybeans and canola from Canada if Donald Trump’s policies jeopardize U.S. sales to the world’s largest soybean importing country. The president-elect has clearly shown a willingness to challenge China, whether by it’s by phoning Taiwan’s president, airing his grievances on Twitter, or promising to label China as a… Read More
The wet weather during the 2016 growing season and harvest took a toll on lentil crop quality in Western Canada, but more than half the crop samples submitted to the Canadian Grain Commission’s harvest survey still fell in the top two grades.“For green lentils, we’re seeing 11.2 percent grading number one and 49.2 percent number two,”… Read More
Grain markets headed lower this week as the market dealt with lower volume and profit-taking ahead of the winter holidays. Since last Friday, the Canadian Loonie lost 1.4% to head into the Christmas weekend below 74 cents USD as Trump economic policies that are trickling out continue to support the U.S. economy more than they… Read More
Grains markets cruised through the middle of December slightly lower to unchanged as export and domestic demand numbers tried to offset some changing monetary policy from the U.S. Federal Reserve. The U.S. Dollar climbed 1.3% for the week, making U.S.-based grains more expensive relative other origins. Oats was the only thing that made the green… Read More
There’s going to be a pile of low quality durum left in Western Canada that, for lack of better words, will need to disappear from the market. According to the StatsCan report out earlier this week, durum production totalled 7.8 million tonnes in 2016 — up over 40 percent versus 2015. With maybe half of it qualifying… Read More