Soybeans sink canola prices

South America’s soybean situation has followed two contrasting narratives in the past few months. The first one is dry and hot weather in the northern areas of Brazil, as well as wet weather in the south, that will prevent a second-straight record-breaking crop and raise worldwide soybean prices. The other is that Argentina could potentially[...]

Grain prices still hang on exports

Canada is a country whose main exports are hockey players and cold fronts,” according to a quote attributed to former Prime Minister Pierre Elliot Trudeau who jokingly added “our main imports are baseball players and acid rain.” Looking at the current Winnipeg Jets lineup at least, it’s safe to say the trade balance on hockey[...]






Canola prices higher in rangebound movement

There isn’t much to be overly concerned about now regarding canola futures on the intercontinental exchange. Despite declines, the Canadian oilseed remained a fair bit higher than a week ago. This is pleasant news, given how canola has tumbled downward in recent months. In short, canola can be seen as rangebound. There is a deficit[...]



Survey says... a lot about markets

In the days when everyone had a landline, smartphones were non-existent and call display was rare, I once had a part-time job conducting market research phone surveys. We’d start with numbers in Atlantic Canada and end the shift calling British Columbia, following the time zones to catch people when they were most likely to be[...]


Wheat prices stuck in sideways pattern

North American wheat markets have been treading water for the past few months, with prices struggling to show much life. Minneapolis spring wheat, the most closely related futures contract to the Prairie cash market, has held in a sideways range just above contract lows for the better part of two months, with no indication that[...]