Grain markets ended the month of July in the red, albeit, from a monthly performance standpoint, it wasn’t all bad news bears. Chicago wheat prices gained nearly 40 cents, or 8%, while canola and soybean prices both improved by about 2.5%. However, while corn prices lost about a quarter, or 7.5%, in the month of... Read More
Category: Markets
It's the last Friday of July, and the summer is just continuing to roar along. If you're in Western Canada, you know it's hot hot hot. Currently in the beef markets, there is a lot of discussion surrounding where we are at for demand for proteins. We've got some economic headwinds, and we've got issues... Read More
Grain markets were able to squeak out some gains this week, but corn prices were the obvious worst performer as the size of the impending harvest becomes better known. Wheat prices were able to earn a few pennies, thanks to hot weather concerns in North America and Argentina, while soybeans were supported by Chinese buying... Read More
The United States Department of Agriculture (USDA) released its cattle on feed report for July 1st, and it fell closely in line with expectations, limiting any attempt at the market to be shocked. August Live cattle finished the day up at $0.475, and the week down $1.95, to close at $101.325. #Cattle on Feed Report:... Read More
It's not traditionally a time of year where we see big boosts to several crop price complexes, but what about 2020 has been normal? In this grain market Q&A LIVE!, Brian Voth, of IntelliFarm, sits down with sports-starved host Shaun Haney to talk corn, canola, soybeans, ethanol, baseball, spring wheat and more! Don’t miss RealAg... Read More
After a two-week hiatus, I’m back with the weekly recap and this week, grain markets ended things mixed. Wheat prices were weighing weather and production downgrades, while corn and soybean prices remain concerned about demand, albeit these two did climb on Friday. For these 2 crops, China is certainly buying but it doesn’t seem like... Read More
For most of Canada, producers are playing the waiting game. They're keeping an eye on their crops and are getting ready for harvest, but they might be wondering what the markets are doing and how they'll market their commodities. Canola is the go-to crop for profitability on the Prairies. Some areas definitely have enough moisture,... Read More
There were few surprises in the latest United States Department of Agriculture's WASDE report, with yields of principal crops left unchanged from previous reports. The USDA reported new crop corn ending stocks at 2.648 billion, mostly inline with trade expectations. According to Matthew Pot with Grain Perspectives, even China buying more corn on the heels... Read More
While U.S. President Trump and Mexican President Obrador were meeting in Washington D.C. to celebrate the United States-Mexico-Canada Agreement, Prime Minister Trudeau was in Ottawa defending his government's mid-year fiscal update. It is no surprise that the numbers are not pretty, as the Liberals have attempted to rescue the economy with major support payments, just... Read More
This week's Beef Market Update might be the most positive report we've posted in three very long months. In this week's episode, Anne Wasko of the Gateway Livestock Exchange joins Shaun Haney to catch up on the early summer numbers ahead of a holiday weekend. To start off in the green, Canadian slaughter data for... Read More