Canola oil stands to be one of the “big winners” if the Trans-Pacific Partnership deal is ratified. Negotiations on the 12-country deal concluded earlier this month, with Canadian grain and oilseed, beef and pork sectors welcoming the market access in it. Lawrence Yakielashek, general manager of FarmLink Marketing Solutions, explains in the interview above how... Read More
Category: Markets
Grains came through mid-October with corn and wheat staying relatively unchanged-to-lower while the oilseeds complex saw a bit of a tick up. Overall, the market has been weighing in El Nino reports, more North American harvest progression, and the dryness of some areas around the world. Some headlines to watch include scorching temperatures continuing to... Read More
G3 Canada — the grain company formed with Bunge and SALIC's acquisition of the former Canadian Wheat Board — is building a new grain terminal in Hamilton to source grains and oilseeds from Ontario. "Grain exports from southern Ontario have been increasing for some time now. We look forward to expanding our relationship with farmers... Read More
Grain prices this week flopped around a bit as the market dealt with some currency moves. Relatively decent harvest weather has greeted western Canada and, though dryness concerns are still hitting other parts of the world, it's time to turn the bushel number counter on for corn and beans across the U.S. and eastern Canada.... Read More
We’re not entirely sure how the Beef Market Update started and ended with turkey and the Jays, but the real meat of this week’s podcast centres around how fed cattle prices have dropped, with both the feeder and calf markets following suit. On what we can expect for the rest of the year in the... Read More
Grains this week were mixed as the market was chasing weather, export trade data, and harvest headlines. We ended the trading quarter this week, and oats was the biggest loser, dropping 15% over the course of it, followed by Chicago wheat (-12.8%), soybeans (-12.1%), canola (-10.6%), and corn (-10.5%). From a currency perspective, the Canadian... Read More
Protein premiums or discounts can be a major factor in marketing wheat. In some years there's plenty of high protein wheat (as looks to be the case for 2015-16) and in other years millers are left scrounging for wheat with high enough protein. We asked earlier this week whether yield or protein is a higher... Read More
Statistics Canada has raised its production estimates for wheat and canola, but there’s a good chance the final numbers after harvest will be higher, according to the head of ProFarmer Canada. The September StatsCan estimates, based on a survey of 9,300 farms conducted between September 3 and 13, were released on Friday morning. The all-wheat... Read More
Grains finished the last full week of trading in September in the green thanks to some unfavourable weather conditions in Europe and Asia, and better-expected-export numbers for U.S. sales. While crop progress reports in North America continue to show that things are ahead of schedule & crop quality is relatively decent, some good buying strength... Read More
Can corn production on the western side of the U.S. Corn Belt offset the reduced yields due to excess moisture in the east? That’s one of the corn market’s main questions heading into harvest. After visiting fields under knee-deep water in early July, Moe Agostino of Farms.com Risk Management says it was clear corn and... Read More