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Grain Markets, Markets

Grain traders turn gaze southward

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Most of the Canadian Prairies were blanketed with snow during the last week of October, which likely had many people dreaming of vacations to warmer climates to the south. With the Canadian harvest all but wrapped up, and the United States in its final stages, the grain markets are also shifting their attention southward. Argentina[...]
Grain Markets, Markets

Reading the roadmaps of the grain market

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I recently drove back and forth from Winnipeg to the Turtle Mountains in southwestern Manitoba. It’s about a three-hour drive, or three-and-a-half with the required ice cream stop. There are a few routes that head in the same general direction, so after running into construction on Highway 2 on the way down, we opted for[...]
Grain Markets, Markets

Soybean prices may remain unsettled

By
After the U.S. Department of Agriculture cut its projections for U.S. soybean production (by 70 million bushels, to 4.276 billion) and carryout (by 10 million bushels, to 210 million) on Jan. 12, the March soybean contract lifted above the US$15 per bushel mark. Only six days later, the psychological $15.50/bu. level proved too much for[...]
Grain Markets, Markets

Wheat market breaks dormancy

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After a long winter, plants are starting to shoot up. Similar activity can be seen in the wheat market. Values broke dormancy during the week ended April 26. Charts: Minneapolis spring wheat gained 55 cents per bushel in the span of a week, while Kansas City hard red winter wheat was up by 65 cents.[...]
Grain Markets, Markets

Canada’s grain exports remain brisk

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Harvest operations are wrapping up across the Prairies and attention in grain markets is turning to outside influences. Exports Canadian canola exports were running at a solid pace through the first 10 weeks of the 2023-24 marketing year, but that pace will be hard to maintain. Production was down on the year and more of[...]
Grain Markets, Markets

Price trenches remain despite weather, projected plantings

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North American grain and oilseed markets were up and down during the last full week of February, holding relatively rangebound overall. News of a frost in Argentina sent soybean, corn and canola values climbing higher on Feb. 21, as crop estimates out of the drought-stricken country continue to be revised lower. However, the immediate bullish reaction quickly subsided, and most[...]

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