Canadian grain markets embracing Australia?

Grain markets cruised through the middle of November still deciphering the month’s WASDE report and what might happen between China and US in the lead up to the G20 Summit in Buenos Aires. The two countries are supposedly holding some behind-the-scene talks about...

Grain markets weigh weather vs big supplies

On Thursday, October 11th, the USDA released the October WASDE report, which gave us further insight into global and American production and carryout numbers for 2018/19. Going into the report, the market was a bit bearish, expecting 2018/19 corn, soybean, and wheat...

Record U.S. crops deflate grain markets

On Wednesday, the USDA released the September WASDE report with some very bearish surprises for the corn and soybean markets. Going into the report, the market was already quite bearish on soybeans, expecting to see 2018/19 ending stocks in the US top 800 million...

European heat bolsters grain markets

Hot, dry weather has been a theme being seen in a lot of places around the world these days. Strategie Grains recently cut their EU wheat production estimate by 4.7 million metric tonnes (MMT) to 127.7 MMT, the lowest since 2012. Most of the northern half of Europe...

USDA’s July WASDE sparks run for exits

On Thursday, July 12, 2018, the USDA released its monthly WASDE report. This report stood out mainly because it gave a pretty healthy indication just how the implementation of a trade war are influencing flows of commodities around the world. While grain prices...

June WASDE excitement short-lived

On Tuesday, June 12, we got the USDA’s WASDE report for the month. The biggest changes were seen in the ending stocks, especially for corn. Also, a bit surprising? The situation in South America where the crop continues to be downgraded. Since the USDA rarely touches...