The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Big changes unlikely in next USDA report

MarketsFarm — Ahead of the next supply and demand report from the U.S. Department of Agriculture, several firms have issued estimates for U.S. corn and soybean yields. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) Thursday at 11 a.m. CT. The report will help set the tone for commodities […] Read more




Photo: File/Greg Berg

ICE weekly outlook: Canola bids not moving much

Winnipeg | MarketsFarm – So far this summer, canola prices have continued to remain range-bound, said David Derwin of PI Financial in Winnipeg, Man. “On a week to week basis, we’re kind of at the low end of the range,” Derwin commented, noting C$450 per tonne has been near the low end of that range. […] Read more


(Photo courtesy United Soybean Board)

CBOT weekly outlook: Soybeans and corn watching weather, waiting on acreage numbers

MarketsFarm – Shifting weather forecasts and trade talk rumours should keep the soybean and corn markets at the Chicago Board of Trade on edge over the next few weeks, as participants wait on updated acreage numbers from the United States Department of Agriculture. The USDA’s August 12 report will include results of an acreage resurvey […] Read more

(Elenaphotos/iStock/Getty Images)

Federal report expects canola output down, wheat up

MarketsFarm — Expectations for canola production in Canada were revised downward Friday by Agriculture and Agri-Food Canada (AAFC). AAFC has now estimated Canadian farmers will produce 18.575 million tonnes of canola in 2019, down about 8.7 per cent from its previous estimate. Earlier this week, MarketsFarm analyst Bruce Burnett predicted canola production would be down […] Read more


(Dave Bedard photo)

StatsCan confirms smaller canola acres, more wheat

MarketsFarm — Canadian farmers intend to seed more spring wheat and less canola in 2019, according to Statistics Canada survey results released Wednesday. Additional shifts are also likely in subsequent reports, as dry conditions in southern Alberta and Saskatchewan may alter some intentions. Statistics Canada forecast canola area for 2019 at 21.3 million acres, which […] Read more

Mike Jubinville (r) and Bruce Burnett at the Ag in Motion 2018 farm show. (Gord Gilmour photo)

ProFarmer Canada joins Glacier FarmMedia

Glacier FarmMedia, Canada’s largest farm publisher and the operator of this website, has just boosted its long position in grain and oilseed market analysis. The Winnipeg company announced Tuesday it has acquired ProFarmer Canada, the marketing information service owned and operated by Mike Jubinville, whose analyses of Prairie crop commodity markets are well known to […] Read more