China bans imports. Demand suddenly drops for a commodity found on Canadian farms. Supplies build up and prices drop in the rest of the world. No, we're not talking about soybeans or canola. That all-too-familiar market scenario is playing out in the global plastic recycling industry. "The world is in a recycling crisis right now,"... Read More
Category: Markets
The Ag Exchange Group has acquired FarmLink Marketing Solutions' brokerage department. FarmLink, which continues to provide grain market analysis and advisory service to farmers, has partnered with Ag Exchange Group on its CXN360 platform for price discovery, which enables the two to collaborate with clients based on grain prices and strategic objectives. "New technology has... Read More
What carries greater downside risk: having to sell in a down market to generate cash flow, or pre-selling a crop in increments? The short answer is it depends, but the in-depth explanation is that panic or stressed sales by their nature are rarely the most profitable. Pre-selling some crop carries a risk, yes, but there... Read More
At first it seems counterintuitive, since canola values usually follow soybean prices, but reduced demand for soybeans in China as a result of African swine fever (ASF) is contributing to a bullish scenario for canola prices, according to a senior analyst with Oil World. As China's demand for soy protein has fallen due to the... Read More
Grain markets – and its participants – are likely relieved to see the month of January finish. The first month of 2020 started with much optimism as the trade war deal between China and the U.S. was set to be signed. However, grain markets were impatient and with no increase in buying of U.S. agricultural... Read More
It has not been a great two weeks for the agricultural commodity market, as selling pressure has dominated the grain complex. Although corn found positive territory on Tuesday, the rest of the grain commodities were in the red again. "The market had a high expectation of China purchases post-trade deal signing and that has not... Read More
Grain markets saw some heavy selling on Friday, January 24th, putting the complex in the red for the week as bullish factors seem to disappearing faster than patrons at a open bar that’s run out of booze. Adding on is the worrisome coronavirus, whose quick spread through China (and elsewhere, including the U.S.) is pushing... Read More
In a world market where volatility is the name of the game, "steady" is probably more positive than negative. And that's about where we are for this first full month of 2020, says Anne Wasko of Gateway Livestock Exchange. Nearly across the board — and across the border — prices are steady, cut out is... Read More
With the 2020 seeding season around the corner, one grain trader and marketing manager says oat volumes are larger than normal and there's a good chance it will "throw the balance sheet out of whack" for quite some time. "Right now you're looking at production numbers that are probably the fourth highest in the last... Read More
Grain prices ended one of the most hyped-up weeks in recent memory very mixed as the Phase One trade deal between the U.S. and China was signed. Put simply, the trade deal signed between China and the U.S. on Wednesday should’ve been a positive for grain and commodity prices in general, but the complex has... Read More