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China’s battle against Canadian canola looms over soy

MarketsFarm — As headlines are transfixed with China’s ongoing dispute with Canada, some are concerned soybeans will receive the same treatment as canola. “We’ll still use quite a few soybeans in this country as it is,” said Dale McManus, a grain broker with Johnston’s Grain at Welwyn, Sask. However, he clarified, “everything you’re watching about […] Read more



CBOT May 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy, wheat close strong

Chicago | Reuters — U.S. wheat futures rose 1.7 per cent on Friday as traders unwound bearish bets they placed on the grain when the market spiraled to a 14-month low earlier this week. The most-active Chicago Board of Trade soft red winter wheat contract hit its highest since March 6 as investment funds were […] Read more

CBOT May 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat falls on profit-taking

Chicago | Reuters — U.S. wheat futures eased 1.2 per cent on Wednesday, setting back on a mild round of profit taking after prices posted their biggest rally since last summer on Tuesday. Corn and soybeans ended higher after weakening overnight and early in the day session as traders moved to cover short positions amid […] Read more


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Little excitement seen in mustard market

The bounce-back in Canadian mustard production in 2018 is unlikely to see any follow-through in 2019 as spot prices aren’t generating much excitement for producers despite tightening supplies. Yellow mustard is currently topping out at around 36 cents/lb., while brown mustard bids are in the 30- to 31-cent range, according to Prairie Ag Hotwire data. […] Read more



The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT weekly outlook: Soybeans trend up, but trade off headlines

CNS Canada — Speculative short-covering and optimism over trade with China helped soybean and corn futures at the Chicago Board of Trade move higher over the week ended Wednesday. While additional gains are possible, both markets will take more short-term direction from the day-to-day headlines. Conflicting headlines, tweets and other commentary lead to a choppy […] Read more

Farmer Brian Derksen seeds wheat on May 2, 2017 near Miami, Man., about 80 km south of Portage la Prairie. (Screengrab from Allan Dawson video)

Trade, weather top of mind for 2019 acres

CNS Canada — As Canadian farmers start thinking about what to plant next spring, global trade patterns and weather will play into decision making. “It’s very difficult to decide where this all is going. That obviously also has implications on where the futures prices go and what signals the farmers are taking from that,” said […] Read more