FarmLead Update

Picking a horse for grain prices

Grain markets continue to be quite volatile through the middle of April as it tried to determine what was more important: geopolitical risk or weather. What certainly was not concerning was most of the USDA numbers, which the market was anticipating with some pretty...

read more

Soybean and Canola fall, while corn stands tall

While the focus going into Thursday’s March WASDE report was all about South America, the attention quickly turned to the American balance sheet for the remainder of the week. Speculators sold off their positions in most crops as prices fell hard on the Friday. Based...

read more

Are wheat markets ready for spring?

As we enter March, the updates to acreage forecasts are almost weekly, questions over the South American crop are less intense and North American weather becomes a great focus for grain markets. While everyone is watching drought conditions in the Americas, we’re also...

read more

2018 grain market outlook . . .

Going into 2018, most farmers have been relatively disappointed by the lack of strength in the grain markets. Be in canola, wheat, malt barley, or pulses, there have been more bearish factors than bullish variables that are keeping the complex at levels below prices...

read more

Thinking about the 2018-2019 U.S. acreage . . .

In 2017, the U.S. planted the least number of acres of principal crops since 2011 at 318 million. In 2017, corn and soybean acres accounted for 56.5 per cent of all principal crop acres or 178.9 million acres. This was the third straight year that this 1-2 punch of...

read more

Looking for Santa already

Grain markets were a bit muted recently as the US Thanksgiving holiday interrupted any sort of momentum the market was finding. JP Morgan is telling its institutional investors not to have a buy and hold strategy in 2018, but rather “take advantage of price swings.”...

read more