Reading Time: < 1 minute MarketsFarm – The week between Christmas and New Year’s Day is typically a time for the markets to slow down, and at the Chicago Board of Trade (CBOT), that’s certainly the case. At approximately 10:50 a.m. CST, the volumes for both the highly-traded March corn and soybean contracts did not exceed 78,000, while a typical […] Read more
CBOT weekly outlook: All quiet on the CBOT front
Pulse weekly outlook: Transport issues, cold weather may affect prices
Reading Time: < 1 minute MarketsFarm – While significant price movement for pulses has been hard to find as 2022 approaches, major impacts can still be felt when it comes to supply chains. “This time of year, it is very quiet for farmers, processors, exporters, shipping and everything overall,” said Lionel Ector, president of Diefenbaker Spice & Pulse (DSP) in […] Read more
More competition for Canada from Down Under
Australia has learned how to grow its grain exports. Is Canada paying attention?
Reading Time: 5 minutes I remember one Christmas Eve walking in minus 38, and then a week later saw the mercury hit plus 46 on New Year’s Day. Such are the outcomes of a 14-hour plane journey between Canada and Australia. But despite the different weather, I will tell anyone who will listen that Australia and Canada have much […] Read more
Mustard supply crunch fuels price spikes
Reading Time: 2 minutes MarketsFarm – As the world’s largest producer of mustard, a sharp decline in Canadian production has already made a major impact on supply and prices. Despite an increase in seeded acres, Canada’s mustard production dropped 28 per cent to 71,000 tonnes for the 2021-22 marketing year, according to Statistics Canada’s September crop report. Of the […] Read more
Canadian spring wheat bids dip with Minneapolis futures
Reading Time: 2 minutes MarketsFarm – Losses in Minneapolis wheat futures weighed on Canadian spring wheat cash bids during the first week of November, although a softer tone in the Canadian dollar did lend some support. Durum bids across the Prairies were up on the week. Average Canada Western Red Spring (13.5 per cent) wheat prices were down by […] Read more
Canadian canola oil content well below average
Reading Time: < 1 minute Canada’s hot and dry growing season in 2021 cut into the oil content of the country’s canola crop, with preliminary data pointing to the second-lowest oil content of the past two decades. Preliminary sample data compiled by the Canadian Grain Commission shows average oil content for number one quality canola in 2021/22 at 41.9 per […] Read more
Feed weekly outlook: U.S. corn filling Canadian feed shortages
Reading Time: < 1 minute MarketsFarm – As winter approaches, corn is making up a greater appearance in feed channels, supplanting barley and wheat in the process. “In Western Canada, the yields were significantly lower than average. So we’re importing a lot of feed into Western Canada, mostly corn and corn with DDGs (dried distillers’ grains),” said Allen Pirness, manager […] Read more
ICE weekly outlook: Major canola supply issues ahead
Reading Time: 2 minutes MarketsFarm – There’s a looming problem that’s on the verge of surfacing in the Canadian canola market – many growers will be unable to fulfill their contracts due to lower production. The drought across the Prairies dashed canola production estimates from the initially anticipated 20 million tonnes, to something that could be in the range […] Read more
2020 grain market review: The year that felt like a decade
Reading Time: 2 minutes MarketsFarm – The column in this space a year ago led with the line ‘the more things change, the more they stay the same.’ That line was a jumping off point for a decade-in-review piece pointing out some of the through lines of the grain markets during the previous ten years. Well, the pandemic hit […] Read more
Feed weekly outlook: High demand keeps bids strong
Reading Time: < 1 minute MarketsFarm — Feed grain prices in Western Canada have come off of recent highs but remain “higher than what feeders like to see.” That’s according to Brandon Motz of CorNine Commodities ar Lacombe, Alta., who said feed grains are still in a “high-demand market,” with spot prices for feed barley and wheat around $260-$265 per […] Read more
A message from April Stewart, Country Guide's Associate Editor
