As seeding begins in Western Canada, where are we at with canola acres, pulse prices, and the feed wheat outlook? In this week’s LIVE! Q&A, Brennan Turner, founder of Farmlead and the Combyne marketplace, joins Shaun Haney to discuss markets, take questions, and compare (a lack of) haircuts. From acres moving out of canola, to… Read More
Category: Markets
Grain markets started the month of May on a downer as the combination of good weather and renewed trade fears between the U.S. and China stoked increased pessimism in the complex. Despite the latter sentiment, China did buy a lot of U.S. soybeans this week, which helped the oilseed close in the green; this helped… Read More
This is an unforgettable time in the cattle markets for ranchers and feedyards. The United States Department of Agriculture released its Cattle on Feed report for April 1, and the results are close to expectations and would be considered bullish in a “normal” market. In the United States, total cattle on feed is down 5… Read More
Grain markets had a topsy-turvy week before closing in the red as traders exited positions amidst growing concern of demand for agricultural commodities. The combined uncertainty about demand fundamentals for food – namely from the food services and hospitality industry -as well as oil markets pushed grain prices lower this week. While China and Mexico… Read More
The value of beef cutouts has reached record highs over the last few days, as packing plant capacity has been reduced by shutdowns in the U.S. and Canada. At the same time, those shutdowns have put immense pressure on cash cattle prices. “In the U.S. for the cash cattle that are trading, they are going… Read More
This week’s second Q & A LIVE segment features Leftfield Commodity Research analyst Jon Driedger and Shaun Haney discussing all things grain markets.Listen/watch for a full discussion on corn market dynamics, livestock ration swap-out options, why oats may face major over-supply, and the good news story that is pulses.Tune in Tuesday, April 28th, at 1… Read More
There are always psychological lows and highs in markets. For corn, prices in the three-dollar range happen, but an analyst with some experience will tell you to watch for $3.01. That’s because if we dip below $3.01, there’s no telling where it goes next. As Marlin Bohling, markets editor with RFD-TV explains, that $3.01 mark… Read More
U.S. President Donald Trump has unveiled his three-step plan to re-open the economy, entitled “Opening up America Again.” Along with the announcement, the president has started encouraging political allies to “liberate” certain states that have shelter-in-place (social distancing) measures currently in effect. There’s no question, the economic impact of social distancing is very evident in… Read More
Despite a positive performance on Friday, grain markets ended the past week in the red as traders booked profits and farmers made sales, amidst different supply and demand signals. Buzz around how economies are going to start up is shaking up this panic-buying demand that have hung over markets. Also complicating things this past week… Read More
It’s safe to say there is a tonne of focus on what is going on in the grocery market right now — from toilet paper, to flour, to ribeyes. As restaurants have closed or shut down due to COVID-19, there has been a huge shift to food purchases at the grocery store. Kevin Grier, with… Read More