Grain markets through the middle of January continue to be driven by South American weather challenges, namely flooding in parts of Argentina just as the soybean crop down there is starting to emerge. However, geopolitical factors like the U.K. Brexit and Donald Trump’s inauguration as the 45th U.S. President also weighed on markets. While soybeans... Read More
Category: Markets
We're kicking off the Beef Market Update with likely the most positive-sounding Anne Wasko we've heard since last spring (it's not her fault, dem cattle markets, you guys). Kelvin Heppner steps in for Shaun Haney in this latest look at beef and cattle prices across Canada and into the U.S., and Wasko can't help but... Read More
As Donald Trump takes office in the United States, questions abound regarding the impact of his promised economic, environmental, foreign, and trade policies. There's optimism in the agricultural regions of the U.S, as the president-elect has promised a major reduction of government agency regulation. The American people wanted something different in Washington and that is... Read More
Food companies and millers are knocking on grain buyers' doors looking for oats that have been grown without an application of glyphosate. Demand for "glyphosate free" oats has ramped up over the last few months, says Kenric Exner, merchandising manager with Viterra. "We're starting to see more end-users in the U.S. ask if it's possible.... Read More
Grain markets ended the second week of January a little higher than they started things, mainly thanks to a relatively bullish WASDE report from the USDA, on Thursday, January 12. The January report tends to provide some fireworks, and it did not disappoint this year, helping guide futures values higher. Soymeal, up 7.1% for the... Read More
Having turned the page on the calendar and last year's crop, the Western Canadian Crop Production Show in Saskatoon in early January provides an opportunity each year to get a read on crop plans and sentiment heading into another growing season on the prairies. As part of our radio coverage in Saskatoon this week, we... Read More
FarmLink and Farm At Hand have announced the return of Grain World for 2017. The revamped conference will be held at the RBC Convention Centre in Winnipeg November 14 and 15, 2017. The two-day conference will feature keynote addresses from journalists Andrew Coyne and Michael Landsberg along with industry experts covering outlooks on major Canadian... Read More
After starting 2017 in the red, the grains market rallied quite well this week, however, corn and oilseeds are still below their highs seen in October and November. A couple of headlines that gained traction over the holidays were the South American weather (especially in Argentina), Egyptian wheat tenders, Black Sea winterkill risks, and continued... Read More
China could potentially come looking for more soybeans and canola from Canada if Donald Trump's policies jeopardize U.S. sales to the world's largest soybean importing country. The president-elect has clearly shown a willingness to challenge China, whether by it's by phoning Taiwan's president, airing his grievances on Twitter, or promising to label China as a... Read More
The wet weather during the 2016 growing season and harvest took a toll on lentil crop quality in Western Canada, but more than half the crop samples submitted to the Canadian Grain Commission's harvest survey still fell in the top two grades. "For green lentils, we're seeing 11.2 percent grading number one and 49.2 percent... Read More