This is the third in a series of six articles FarmLink Marketing Solutions is writing for Grainews regarding Canadian Wheat Board (CWB) programs. FarmLink Marketing Solutions was asked to provide ideas on how to interpret and maneuver around the various prices and signals that producers face in marketing board grains. FarmLink has been involved with […] Read more
Should You Be In Or Out Of The Pool?
Upside Potential Limited For Malt Barley
This is the second in a series of six articles FarmLink Marketing Solutions is writing for Grainews regarding Canadian Wheat Board (CWB) programs. FarmLink Marketing Solutions was asked to provide ideas on how to interpret and maneuver around the various prices and signals that farmers face in marketing board grains. FarmLink has been involved with […] Read more
Market Insight: Chickpea production down
Statistics Canada is estimating chickpea production at 108,000 tonnes. As with most other pulse types, this report only lists total chickpea seeded acreage, and Statistics Canada will only give a breakdown by type later in the year. As a result, it is difficult to estimate an accurate production breakdown at this time. Based on reported […] Read more
Market Insight: World waits on Canadian durum
Canadian durum wheat plantings for 2008 exceeded six million acres. Record 2007 prices and improved agronomics seemed enough to encourage farmers to increase seeded area of the crop. The global durum market has been eagerly anticipating a big increase in Canadian production this year. In fact, a large part of the global market outlook hinges […] Read more
Market Insight: StatsCan estimates barley production
The latest Statistics Canada report estimated barley production at 10.88 million metric tonnes, larger than most trade estimates, due to bigger yield and harvested area numbers. The increase in harvested percentage is likely impacted by attractive malt barley returns and struggles in the livestock sector, while the higher predicted yields are consistent with recent reports […] Read more
Markets recover off recent lows
Futures markets have recovered sharply since the lows established in the days leading up to the August 12th United States Department of Agriculture (USDA) report. Corn, canola, wheat and soybean futures prices have moved $1 – $1.50 per bushel higher in less than two weeks. Oats are up a bit as well, although not to […] Read more
Market Insight: India’s pulse plantings delayed
Recent reports out of India hint at some improvement of pulse plantings but still estimate a significant drop in production in the world’s leading pulse producer and consumer. Reports estimated delayed plantings due to sporadic and insufficient rainfall of between 3.7 million and five million acres by late July, though most expect at least half […] Read more
Sunflower planting surprise; markets dragged down by soybeans
Despite a later start to the year and cooler temperatures than ideal, the majority of both confectionary and oil sunflower crops are rated as being in good condition throughout the U.S. The sluggish start to the growing season seems to have worked itself out with the arrival of a few weeks of good weather late […] Read more
Smaller new crop barley supplies partially offset by lower demand
Feed barley prices weakened in sympathy with a corn market that fell sharply through the last half of July on improved growing conditions and speculative selling. The October futures contract traded as high as $280 per metric tonne (MT) before pulling back and stabilizing in the $240/MT range. Conditions for cereal yields have generally improved […] Read more
Market Insight: Markets shed weather premium
A combination of improving crop conditions, negative chart patterns, fund selling and a $20 per barrel drop in crude oil have left buyers content to sit on the sidelines for the time being, leading to a continued grain and oilseed market slide that began in early July. This week’s crop conditions report from the U.S. […] Read more