(Dave Bedard photo)

AAFC lowers canola ending stocks forecast

MarketsFarm — Canadian canola ending stocks will be much tighter than earlier thought, according to updated supply/demand tables which were released late Thursday by Agriculture and Agri-Food Canada and account for the latest production numbers from Statistics Canada. AAFC’s projected canola ending stocks for 2019-20 were lowered to 3.5 million tonnes, which compares with the […] Read more

(File photo)

Feed weekly outlook: Prairie market stable heading into New Year

MarketsFarm — Western Canadian feed grain markets are showing some stability heading into the New Year, as buyers have generally booked coverage over the holiday season. “Everybody is just waiting to see what will happen,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. While large amounts of tough grain were moving, he said there was […] Read more


CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Prices slip after rallying on trade deal

Chicago | Reuters — U.S. grain and soybean futures eased on Wednesday as the markets paused after rallying this week on demand hopes fuelled by a U.S.-China trade agreement. The long-awaited agreement included a Chinese commitment to expand purchases of U.S. farm products. However, traders are cautious about projections from Washington that deals will reach […] Read more







CBOT January 2020 soybeans (candlesticks) with January 2020 soymeal (yellow line). (Barchart)

U.S. grains: Soy futures follow rally in soymeal

Chicago | Reuters — U.S. soybean futures rose on Thursday for the third straight day, led higher by strength in the soymeal market stemming from news that an Argentine soy crusher was experiencing financial stress, traders said. Corn futures ended lower after trading close to unchanged for much of the day, while wheat dropped on […] Read more


(Dave Bedard photo)

Trade’s crop estimates vary ahead of StatsCan report

MarketsFarm — Barley and canola production expectations vary ahead of Statistics Canada’s production of principal field crops report, due out Friday. In September, the federal agency estimated Canada’s barley production to total just less than 10 million tonnes, two million higher than the final count for the 2018-19 growing year. However, some trade estimates are […] Read more

CBOT January 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy rises on trade hopes

Chicago | Reuters — U.S. soybean futures rose on Wednesday, buoyed by renewed optimism about a U.S.-China trade deal as well as some bargain buying, traders said. Corn futures were lower, giving up early gains on technical selling, while wheat futures firmed after two days of sharp declines. Investors were reassured by a Bloomberg report […] Read more