Insights and Stories of MarketsFarm

Jun. 9, 2021 at 5:54 pm CDT

MarketsFarm — Significant precipitation through May relieved drought conditions across parts of the Prairies, while other areas remained significantly dry, according to the latest assessment from the Canadian Drought Monitor as of May 31. This precipitation improved soil moisture conditions for the short-term, decreasing the area of moderate (D1) and […]

By MarketsFarm

May. 28, 2021 at 4:12 am CDT

MarketsFarm — World grain production is forecast to hit a new record in 2021-22, but increasing demand should still cause ending stocks to tighten to their lowest level in seven years, according to updated projections from the International Grains Council. Total grain production — which includes wheat, corn and other […]

By MarketsFarm

May. 12, 2021 at 5:01 pm CDT

MarketsFarm — The latest U.S. forecast puts world wheat production at a new record in 2021-22, with bigger crops in a number of countries more than offsetting expected decreases in Canada and Australia. According to the first outlook for the marketing year from the U.S. Department of Agriculture, total world […]

By MarketsFarm

May. 7, 2021 at 9:11 pm CDT

MarketsFarm — Statistics Canada’s grain stocks report leaves no question that canola stocks have been tight for some time in Canada and will continue to be unless demand is slashed, according to independent trader Jerry Klassen in Winnipeg. “You can’t find canola anywhere in the country and the stocks that […]

By MarketsFarm