Insights and Stories on Supply And Demand

Sep. 26, 2023 at 7:56 pm CDT

MarketsFarm –– Canadian canola carryout supplies for the current marketing year will likely end up tighter than earlier expectations, according to updated supply/demand balance sheets from Agriculture and Agri-Food Canada (AAFC) that account for recent production and stocks data from Statistics Canada. Canola ending stocks for 2023-24 are now forecast […]

By Phil Franz-Warkentin

Jul. 12, 2023 at 2:53 pm CDT

MarketsFarm — The Chicago Board of Trade (CBOT) saw futures come down after the U.S. Department of Agriculture (USDA) released its monthly world agricultural supply and demand estimates (WASDE) on Wednesday. Corn prices were 18 cents per bushel lower on the day, while soybeans lost 27-33 cents (all figures US$). […]

By Adam Peleshaty

Jul. 5, 2023 at 6:58 pm CDT

MarketsFarm — Surprising acreage estimates released by the U.S. Department of Agriculture last Friday could remain a major feature in soybean and corn markets for the foreseeable future, as traders contemplate a much smaller-than-expected soybean acreage base and larger-than-expected corn area. “You can’t close your eyes on these acreage numbers,” […]

By Phil Franz-Warkentin

Jun. 22, 2023 at 2:09 pm CDT

MarketsFarm — Monthly supply/demand projections from Agriculture and Agri-Food Canada were left mostly unchanged in June, as the department awaits updated acreage estimates from Statistics Canada at the end of the month. Only corn saw any adjustments in the numbers from May, with a 200,000-tonne increase in 2022-23 exports, now […]

By Phil Franz-Warkentin

Jun. 9, 2023 at 5:53 pm CDT

MarketsFarm — Very few major changes were made in the latest edition of the world agriculture supply and demand estimates (WASDE) published Friday by the U.S. Department of Agriculture. For the 2023-24 crop year, USDA pegged total domestic wheat production at 1.665 billion bushels, slightly higher than the 1.659 billion […]

By MarketsFarm