Category: Markets

On October 26th, the Bank of Canada announced a 50 basis point interest rate hike — marking the sixth raise of the calendar year. Brennan Turner, grain market analyst and founder of Combyne Ag, says because we're in an environment of high inflation, we're going to see a few more of these increases over the... Read More

The cure for high prices is high prices, but the world has to eat. Depending on which adage you subscribe to right now, the global grain markets are either bucking the trend or proving the point. Neil Townsend, senior market analyst with FarmLink Marketing Solutions and GrainFox, agrees that the current commodity price strength is... Read More

Not for the first time this year, the Canadian and U.S. cattle market are out of sync. As Anne Wasko explains in this week's episode of the Beef Market Update, it's becoming a bit of a frustrating topic, as she had hoped we wouldn't still be talking about it in October. Check out the full... Read More

The U.S. Department of Agriculture released its WASDE report for October on Wednesday, and soybeans definitely received the bulk of the market reaction. Although corn and wheat yield projections were relatively in-line with analyst expectations, it was the soybean yield that made the market go...hmm. Arlan Suderman, of StoneX tweeted, "USDA pegged the #soybean yield... Read More

Viterra has officially completed its acquisition of Nebraska-based Gavilon, giving the grain company with roots in Canada a much larger footprint in the U.S. As part of the stock purchase agreement, which was announced in January and closed on October 3, Viterra is paying Japan-based Marubeni US$1.125 billion, plus working capital and other adjustments, for... Read More

The percentage of hopper cars ordered by grain elevators in Western Canada that are not showing up on time has started to climb rapidly, according to the latest data from the Ag Transportation Coalition. CP Rail only supplied 61 per cent of the hopper cars that were ordered in week 8 of the grain year,... Read More

This weeks' episode of the Beef Market Update is coming to you from the back of a horse, which is likely as authentic as we can get while we're talking cattle markets. Anne Wasko of the Gateway Livestock Exchange is moving cattle, as yes, we approach October. In the U.S., Wasko says this week is... Read More

Pricing and sourcing nitrogen and other fertilizer for the 2022 season was difficult and expensive. While many assumed the events and situations that caused much of the problem — Russia's invasion of Ukraine, pandemic-affected ports, etc. — would have subsided by now, the opposite seems more likely. With a natural gas crisis in the EU... Read More

Since the middle of August, the corn market has experienced a bit of a holding pattern, with trade sticking mostly sideways. Joe Vaclavik, founder and president of Standard Grain, says a big part of what is playing into this pattern is the uncertainty surrounding the size of the crop in the U.S. "I think there's... Read More

With harvest well underway, or even finished for some, markets continue to be susceptible to global events, but focus is now turning to what the actual yield numbers are as crops come off. Weighing in on the topic is Brian Voth, president of intetlliFARM, and he says he's skeptical of the demand that is being... Read More