Excessive rain in parts of the Midwestern U.S. has put the brakes on many farmers' planting plans.

Comment: ‘A lick and a promise’ aren’t enough

It’s one of the worst seeding seasons in memory for Midwestern U.S. farmers and their government isn’t helping

Most American farmers spent the last week of May and the first week of June either driving through mud or stuck in it. Their two farming partners, Mother Nature and Uncle Sam, were little help; one brought threats of more rain and mud, the other threats of more tariffs and bailouts. Farmers in my neighbourhood,


As American farmers head into the 2019 growing season, a trade deal between the U.S. and China can’t come soon enough.

Comment: Spring needs to bring thaw in agricultural trade

U.S. farmers and ranchers need their markets back

For those of us who have slid, shovelled, and skated through the wildest up-and-down winter weather in years, here’s a warm thought: planting is well underway in parts of North America, with more to come soon. After that brief pleasantness, however, the outlook gets pretty cold pretty fast. Early February reports from the U.S. Department

The USDA reports the 2018 average five-area fed steer price was $117.26. That’s less than what cattle producers received six years ago in 2012.

Comment: U.S. beef exports up, producer revenue down

What good are growing exports to producers who are starting to struggle to pay the bills?

The breaking news is that 2018 U.S. beef exports hit new records. The U.S. Meat Export Federation (USMEF) wrote that 2018 beef exports “shattered the previous value record and achieved a new high for volume,” and, “Export value soared to $8.33 billion, breaking the 2017 record by $1.06 billion — an increase of 15 per


Cheaper wheat export prices out of the Black Sea have been increasingly sidelining competitors.

Market bears continue to nibble on wheat as large crops loom

It’s going to take something significant to spark a meaningful price rally at this point

Wheat traders breathed a sigh of relief in early March as Chicago futures rose, possibly signalling that the market is at least temporarily satisfied with recent contract lows. Speculators have piled into the short side of the wheat market in recent weeks, likely limiting further price falls. But bigger global crops on tap for 2019

Canola remains rangebound against various pressures

Canola remains rangebound against various pressures

Market watchers await upcoming data dumps from USDA

ICE Futures canola contracts trended lower for most of the week ended Feb. 1 as a number of factors conspired against them. However, prices remain rangebound overall and the market managed to end the week on a minor positive note. The nearby March contract lost roughly $6 per tonne during the last week of January,


ICE Futures canola contracts trended higher over the course of the week ended Jan. 25, but canola is seen sluggish overall due to outside influences.

Export uncertainties keep canola trading rangebound

New estimates call for a one per cent rise in canola acres

ICE Futures canola contracts trended higher over the course of the week ended Jan. 25, as the market saw a chart-based recovery off of the yearly lows hit the previous week. However, canola remains rangebound and sluggish overall, largely taking its influence from activity in outside commodity and financial markets. Trade uncertainty kept a cautious

Dry spell pares Brazil soybean estimates as crop ratings slide

Dry spell pares Brazil soybean estimates as crop ratings slide

This could cause concern for China that is doubly dependent on the country as trade relations with the U.S. have been frosty

Brazil has harvested two enormous soybean crops in a row and will likely make it a third straight in 2019, but the volume might not be as big as market participants were initially expecting and this could be of particular concern for the top customer. Brazil has helped pad supplies in No. 1 buyer, China,


The U.S. government shutdown had markets mostly quiet over the holiday season.

Canadian dollar’s holiday rally lifts ICE canola futures

A lack of USDA data leaves traders ‘buying the rumour’

The ICE canola futures market spent the holiday season like it usually does, paying attention to goings-on south of the border. However, near the end of the two-week holiday period, canola broke out on its own due to a rally in the Canadian dollar. The holidays were kicked off by a partial U.S. government shutdown,

Looking out to the next decade, the USDA’s trend assumptions don't have soybean yields making comparable strides alongside corn.

What will U.S. corn and soybeans yield in 2019?

USDA long-range reports can give us an inkling of what to expect even before the seed is booked

It might be comically early to start debating yield scenarios for a crop that is still several months away from planting, but the U.S. government’s early projections for 2019 and beyond hold some interesting ideas for the years ahead. Each February, the U.S. Department of Agriculture publishes its long-term projections that provide a single representative