Grains started to trek higher this week as we head towards the end of the month, mostly due to international market prices picking up pace. However, by Friday, October 24th, it appeared that the rally was short-lived as the market dropped well below its monthly highs. Specifically, canola almost made it up to $420 per... Read More
Category: Economy & Financial Markets
Grain prices are in that seasonal rut thanks to #harvest14 selling pressure and favourable planting conditions as South America starts its seeding season. On the speculation side, hedge funds are starting to increase their optimism that grain and oilseed prices will begin to rise. That being said, in the last four decades, an ounce of... Read More
Coming off the long weekend in North America, the grains market started the month of September trying to hold onto higher levels on varying weather affecting crop development and the situation continuing to unfold in eastern Europe. While reports vary on a proposed ceasefire between the Ukrainian army and pro-Russian separatists, the latest rumour to... Read More
There's certainly a lot going on in the world economy, with ongoing discussions around the Comprehensive Economic Trade Agreement (CETA), mandatory Country of Origin Labelling (mCOOL), and Russia's response to recently imposed sanctions. But what does the future look like for global growth, in general? For next year, it looks good. At least according to... Read More
The grain market continues to stagnate as traders, managed money, commercials, and producers alike are trying to determine if a bottom has finally been found. Grains have traded lower this week but wheat has rallied to close much higher than earlier in the week. Ultimately, July was an ugly month for the grains complex: canola... Read More
Listen to this week's market wrap-up on Soundcloud: Grains are mostly lower this week as the market chews through a bearish report from the USDA on Friday, July 11th. The only place you would’ve seen bulls roaming around was at the Calgary Stampede, I'm afraid. Managed money continues to be net sold of all grains,... Read More
Good planting conditions and favourable weather in the U.S. has led to corn prices dipping slightly over the last week. Corn joins wheat prices on the downtrend all thanks to a bearish global picture. Old crop soybean prices have popped recently, hitting 11-month highs as crush margins and meat prices in China are improving while... Read More
If you cannot see the embedded player, click here. Late April has some farmers in Western Canada dusting off the seeding equipment, and there have even been reports of elusive railcars sighted at elevators. This is the backdrop to which grains continue to trade off of weather and the geopolitical situation in Eastern Europe. Concerns... Read More
It's always a treat to find an economist whose insights and discussions don't bore you to tears or leave you feeling a wee bit deflated (sorry, economists!). That's why RealAgriculture.com is always glad to cross paths with Glen Hodgson, senior vice president & chief economist with the Conference Board of Canada, as he's not just... Read More
What's your risk management plan for your cattle business? If you don't have one or would like to step up your understanding of price risk, managing returns and use of contracts, this free workshop may be for you. Beginning next week, Linus7, Agriculture Financial Services Corporation’s Cattle Price Insurance Program (CPIP) and RealAgriculture.com's cattle market... Read More