Insights and Stories on Supply And Demand

Jan. 4, 2023 at 8:20 pm CST

MarketsFarm — ICE Futures canola contracts remain stuck in a sideways trading range to start the New Year, with bearish outside forces countered by relatively supportive fundamentals. From a chart standpoint, March canola is stuck in a sideways range between $800 and $900, with little to suggest a break one […]

By Phil Franz-Warkentin

Dec. 16, 2022 at 7:24 pm CST

MarketsFarm — Canadian canola ending stocks for 2022-23 were revised higher by Agriculture and Agri-Food Canada in its latest supply/demand estimates, released Friday. The larger carryout projection came despite a downward revision to production, as both exports and domestic usage were also down from the November report. The government agency […]

By Phil Franz-Warkentin

Dec. 9, 2022 at 2:38 pm CST

MarketsFarm — Updated supply-and-demand (WASDE) tables from the U.S. Department of Agriculture included only minimal adjustments to the U.S. and world numbers, with larger revisions likely in the New Year. U.S. soybean and wheat ending stocks projections for the current marketing year were left unchanged, while the corn number was […]

By Phil Franz-Warkentin

Nov. 21, 2022 at 5:40 pm CST

MarketsFarm — As expected, Agriculture and Agri-Food Canada (AAFC) avoided making any major revisions to its November supply and demand estimates, waiting until Statistics Canada issues its next production report on Dec. 2. AAFC released its latest monthly report late Friday afternoon. While AAFC tweaked its November supply and demand […]

By Glen Hallick - MarketsFarm

Nov. 9, 2022 at 7:22 pm CST

MarketsFarm — Updated estimates in the U.S. Department of Agriculture’s monthly supply/demand report, released Wednesday, saw larger than expected increases to soybean and corn yield estimates in the country. However, that data did little to move the markets, with the commodities likely stuck in a sideways range for the time […]

By Phil Franz-Warkentin