The USDA boosted its yield estimates for corn and soybeans in its August World Agricultural Supply and Demand Estimates (WASDE). While the report was generally thought of as bearish, both corn and soybean futures ended the trading day on Wednesday higher. The department’s first survey-based corn yield forecast comes in at a record 181.8 bushels… Read More

Domestically, Canada’s agri-food system is facing a lot of challenges, but the pressures aren’t from just within the country. Many newly-felt pressures are from external forces. A new report from Agri-Food Economy Systems based out of Guelph, Ont., outlines these new pressures on agri-food policy in Canada. The list of those pressures in the report… Read More

Grain markets ended the month of July in the red, albeit, from a monthly performance standpoint, it wasn’t all bad news bears. Chicago wheat prices gained nearly 40 cents, or 8%, while canola and soybean prices both improved by about 2.5%. However, while corn prices lost about a quarter, or 7.5%, in the month of… Read More

Grain markets were able to squeak out some gains this week, but corn prices were the obvious worst performer as the size of the impending harvest becomes better known. Wheat prices were able to earn a few pennies, thanks to hot weather concerns in North America and Argentina, while soybeans were supported by Chinese buying… Read More