(File photo)

Feed weekly outlook: Market not bottomed yet

MarketsFarm — Falling feed grain prices in Western Canada have not hit the bottom just yet, especially as harvest delays lead to quality downgrades. “I would say it’s coming down quite a bit more,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. The barley and wheat harvests are running behind normal in both Saskatchewan and […] Read more



Weather co-operates to see Sask. harvest resume

Saskatchewan Crop Report for the week ending September 16

Warm weather and wind has allowed combining to resume, according to Saskatchewan Agriculture’s Weekly Crop Report.  Twenty-three per cent of the crop is now in the bin, up from 18 per cent last week, still well behind the five-year (2014-2018) average of 50 per cent for this time of year. Thirty-six per cent of the […] Read more


If world crop conditions look good and the weather behaves, commodity buyers will likely wait to see how the crop progresses before pre-buying.

World grain production, weather markets and trade disputes

Production and weather concerns and bullish, but trade patterns are not on our side

In April the International Grains Council (ICG) estimated world grain production in 2019-20 would increase two per cent over last year to 2.18 billion tonnes. Their estimate for total consumption (food, feed and industrial use) is 2.20 billion tonnes. The math suggests that demand will outpace production, meaning the supply carried forward will be drawn down for a third consecutive year. The ICG estimates world carry out […] Read more

CBOT December 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

CBOT weekly outlook: Corn, soy steady, watching harvest

MarketsFarm — Chicago Board of Trade soybean and corn futures moved off of nearby lows and generally trended higher following the U.S. Department of Agriculture’s supply/demand data released Thursday. However, attention has shifted to the looming harvest, with rangebound activity expected barring a fresh outside influence. “For this market to really move up, it will […] Read more