Insights and Stories on Grain Markets

Sep. 6, 2024 at 9:50 am CDT

Western Canadian wheat bids were mostly higher during the week ended Sept. 5, following the lead of United States wheat futures. The U.S. Department of Agriculture reported the country’s spring wheat harvest to be 70 per cent complete as of the start of September, matching the five-year average and being […]

By Adam Peleshaty - MarketsFarm

Sep. 5, 2024 at 12:11 pm CDT

Feed barley and feed wheat are in no short supply on the Prairies, according to Jim Beusekom, president of Market Place Commodities in Lethbridge, Alta. He has recently seen light test-weight barley and wheat coming from various places in Western Canada being shipped to feedlots. Beusekom added the feed grains […]

By Adam Peleshaty - MarketsFarm

Sep. 4, 2024 at 4:11 pm CDT

China caused a great deal of turmoil in the canola market on Sept. 3, leading prices to tumble on the Intercontinental Exchange. To senior market analyst Mike Jubinville of MarketsFarm, China dramatically changed canola’s outlook in fell swoop. The Chinese government announced that it was launching an investigation into alleged […]

By Glen Hallick - MarketsFarm

Sep. 4, 2024 at 2:04 pm CDT

Soybean, corn and wheat futures in the United States were all showing modest strength in early September, recovering off their August lows as speculators bought back previously sold positions. “We’re seeing a little bit of short covering in these markets and the contract lows, at least over the short term, […]

By Phil Franz-Warkentin

Sep. 3, 2024 at 2:45 pm CDT

Australian wheat and barley production in 2024/25 is expected to be larger than earlier estimates and well above what was grown the previous crop year, according to updated estimates from the Australia’s agriculture department (ABARES). Wheat production was forecast at 31.8 million tonnes in the September ABARES report, which would […]

By Phil Franz-Warkentin