Green lentils. (Savany/iStock/Getty Images)

Expert’s Radar: Competition and retribution in view

Questions on export demand await wane of harvest pressures

Harvest operations are in their final stages across Western Canada, with all of that newly harvested grain looking for a home. Seasonal trends in grain markets weigh on most crops at this time of year as the supply/demand balance is flush with new supplies, but the long-range price direction will soon refocus on demand. Exports


File photo of barley being loaded off the combine. (Collab Media/iStock/Getty Images)

Feed weekly outlook: Barley bids near bottom post-harvest

Feed corn values narrowing against barley

MarketsFarm — After a better-than-expected harvest across the Canadian Prairies, feed grain prices on the region either have bottomed out or soon will, according to Evan Peterson of JGL Commodities in Saskatoon. “They’ve dropped significantly in the past three to four weeks as harvest pressure kicked off,” he said, citing feed barley going into feedlot

ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola ‘due for a bounce’

Weather co-operating, mostly, for Prairie harvesting

MarketsFarm — A month-long decline of ICE Futures canola prices, which saw the oilseed lose $110 per tonne, came to an end and was followed by a bounce-back. While the price of the November canola contract still declined by $10/tonne to $726.10 during the week ended Wednesday, it hit its lowest price since the end


File photo of a Wyoming corn crop. (RiverNorthPhotography/iStock/Getty Images)

CBOT weekly outlook: Soy, corn trade watch harvest weather

USDA to publish quarterly stocks data Friday

MarketsFarm — Harvest operations for soybeans and corn are in their early stages, with seasonal selling pressure likely to limit any upside potential in the futures markets over the next few weeks. However, both commodities have found nearby support on the other side keeping values rangebound overall. The U.S. soybean harvest was 12 per cent

Canola goes down in central Manitoba in early September. A tall crop causes problems for some producers.

Growers struggle with high-biomass canola

Although the reason isn’t clear, Manitoba’s canola fields got tall and that’s been a headache for harvest 2023

Manitoba canola growers face some frustration on the swather this year. Many have had trouble getting the crop through the machine. “In Manitoba this year, our canola is very tall,” said Courtney Boyachek, agronomist with both the Manitoba Canola Growers and the Canola Council of Canada. “I’m not a very tall person, but when I can walk into the field and


Barley. (Doug Wilson photo courtesy ARS/USDA)

Feed weekly outlook: Harvest pressure, looming corn imports weigh on barley bids

Some yields turn out 'better than expected'

MarketsFarm — Seasonal harvest pressure and expectations for large corn deliveries from the United States should limit any upside potential in feed barley bids in Western Canada for the foreseeable future despite this year’s smaller crop. “We’re getting some better-than-expected yields (in central Alberta), so there is some harvest pressure with guys needing to move



A soybean field north of St. Adolphe, Man. on Sept. 17, 2023. (Dave Bedard photo)

CBOT weekly outlook: Funds getting out of soybeans

Potential for U.S. government shutdown a concern

MarketsFarm — While corn and wheat prices on the Chicago Board of Trade (CBOT) stayed fairly steady during the week ended Wednesday, soybean prices steadily declined. The November soybean contract dropped 30 cents per bushel from one week ago to close Wednesday at $13.1975/bu. (all figures US$). During the same week, December corn only lost