Grain markets ended the week mixed as a stronger U.S. Dollar led to some profit-taking on Friday, somewhat capping the substantial gains made in soybean prices. Conversely, wheat prices were set to close positive for the week but Friday’s strength in the U.S. Dollar, profit-taking, and increasing winter wheat harvest activity turned the complex red…. Read More

Over the past month I’ve been asking commodity analysts and economists to speculate on whether we would see a $0.65 or $0.75 dollar first. All but one analyst replied — generally with great resolve — that $0.65 was the correct bet. That is not looking to be the case at at this point, as the… Read More

Live cattle futures have been slowly chipping way at the drastic declines experienced earlier this year due to COVID-19. In the last 30 days, the June cattle future has climbed $15.45 to just under $100. At its lowest point, in early April, the June future was $76.60. With U.S. cash trading between $115 and $120… Read More

Grain markets saw a bit of a sell-off on the last Friday of May with mostly lower as the traders booked profits before the end of the month amidst growing uncertainty in U.S.-China trade relations. This week, China moved with a heavy hand to take full control of Hong Kong, the city-state given up by… Read More

Durum wheat has historically been a profitable crop, for drier parts of the country and especially for farmers in the Palliser Triangle. Farmers are moving into durum cropping and the projected tonnage may increase to as high as six million tonnes, contrary to the projected drop in tonnage according to Statistics Canada. Neil Townsend, Senior… Read More

Grain markets headed into the U.S. Memorial Day long weekend with a bit of a limp as traders watched technicals for direction amidst some benign crop conditions and a firmer U.S. Dollar. Wheat prices on Friday pared their gains made over three straight positive sessions, despite a smaller crop in Kansas expected and some short-covering… Read More