Grains ended the month of January making up some gains from the tough losses that they started the year off with. Some bullish acreage and weather news helped get some of shorts in the wheat market covered, pushing the complex actually up almost 2% on the futures boards! Rounding out the complex, corn continued to... Read More
Category: Markets
With planting season around the corner, markets are starting to focus on acreage expectations, looking for answers to questions like "how high will lentil acres actually be in Western Canada and the northern US?" But while there's plenty of talk about pulses, there are also questions to be answered about 2016 wheat and canola production,... Read More
As we head into the last week of January, commodity prices started to finally rebound a bit, led by Brent and WTI crude oil jumping 11% and 6% from where they closed last Friday! This helped net-resource-exporting currencies like the Russian ruble, Australian dollar, and the Canadian dollar gain some ground to end the week... Read More
We're talking about everything from the state of the US and Canadian economies to SaskCanola's effort to share how many farmers view modern ag technology through the "License to Farm" film. After spending most of the week at Ag Days in Brandon, Kelvin Heppner host of this week's news podcast and is joined by a... Read More
Agriculture is poised to play a much larger role in the Canadian economy thanks to impacts of climate change and declining revenues from oil extraction, says well-known author and economist Jeff Rubin. "Climate change has fatal implications for our previous ambitions of becoming an energy superpower, but it's going to make other assets and resources... Read More
Commodity prices continue to trade flat to lower as Chinese stock market losses continue to weigh heavy on broader markets, including commodities, forcing broader optimism for global economic growth to fade. All grain values are lower in the first few weeks of 2016 but with some notables being the front month contracts for oats below... Read More
The Canadian Grain Commission is moving ahead with its proposal to realign the wheat classification system for Western Canada. Two new classes will be created while three others will be eliminated on August 1st, 2016. The Canada Northern Hard Red class will be established to address concerns about lower gluten strength in some milling wheat... Read More
For the better part of the last two decades, commodity markets have become accustomed to demand growth from China supporting prices. Whether it was iron ore from Australia or soybeans from the U.S., sales to China grew year-over-year. However, it's becoming increasingly likely that those days are over. Headlines over the last few week to... Read More
While U.S. farmers are adjusting to significantly lower grain prices, declining currency values have buffered growers in Canada and many other parts of the world. U.S. futures have dropped off, but cash values in Canada have maintained their value, and in some cases, have risen, thanks to the weakness with the Canadian dollar. "The devaluing... Read More
Markets across the board started 2016 a little rough as fresh Chinese economic concerns continue to show contraction which led to not one, but two halts to trading in their stock markets this week! While the Chinese government moved to support the market immediately by flooding it with fresh capital, the broader market still isn’t... Read More