As June winds down to a close, the United States Department of Agriculture (USDA) rolls out its revised acreage report. The latest report brought some surprises, to say the least, as some numbers were a significant revision from March, 2020. It is safe to say the market was a little shocked, as the USDA came... Read More
Category: Markets
Grain markets took a pretty serious tumble to end the last full week of trading in June as beneficial rains fell, or are forecasted to fall on the large majority of North American growing regions. Thanks to said precipitation, the bearish players pushed corn and soybeans to fall every single trading session this past week,... Read More
Is canaryseed the itchiest of the crops? Will StatsCan find more canola? Why are Amercian farmers so reactive to incentives but Canadian farmers less so? These are just some of the questions posed during this RealAg LIVE! Q&A with Neil Townsend, of FarmLink Marketing Solutions. Listen/watch here, and check out the summary below: There are... Read More
Grain markets ended this past week rather mixed as demand and weather are supporting some crops, but not others. Winter wheat prices continues to pressured by harvest accelerating, while spring wheat and canola found strength on some technical factors and dryness in Western Canada. Despite some favourable long-term temperature & rainfall forecasts for most of... Read More
Looking back even just six weeks ago, few would have thought it would be possible to be back at the cattle processing levels that we currently are in Canada and the U.S. Anne Wasko, of the Gateway Livestock Exchange, says that many changes have occurred over the past few weeks during the face of COVID-19.... Read More
If there are any outliers in the rather bearish grain complex right now, Brennan Turner, founder of FarmLead and the Combyne marketplace, says wheat and maybe even soybeans deserve the title. Even though the latest WASDE says we're set for record global ending stocks for the yea, the COVID-19 pandemic has meant a boost in... Read More
Fusarium head blight (FHB), caused by the fungus Fusarium graminearum, is a major concern for wheat growers across the Prairies. The fungus affects grain yield and produces mycotoxins such as deoxynivalenol, or DON, that accumulate in grain. The presence of DON leads to a downgrade in quality when that grain enters the market. Victoria Linden,... Read More
Grain markets closed mixed this past week as demand interest from China supported soybeans (and canola followed) while all other crop prices fell on expectations of bigger crops. In the June WASDE report, released on Thursday, the USDA showed the market weaker ethanol demand and a bigger U.S. winter wheat harvest. Supporting grain markets before... Read More
We hear from Anne Wasko of the Gateway Livestock Exchange every other Friday in our Beef Market Update, but today we're going in depth in this Thursday edition of RealAg LIVE! Anne joins host Shaun Haney to talk prices, markets, volatility, and so much more. (Summary available below the video) The boxed beef price has... Read More
Corn is king in the commodity markets, and right now there's probably more than a few farmers who wish the king would abdicate the throne. If fund buying is an indicator of upside potential, there's most certainly not much reason to be bullish with corn, says Wendy White, manager of grain marketing for Viterra's central... Read More