FarmLead Update

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...

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Grain markets battle weather, trade risk

While there is undoubtedly some weather issues affecting both South and North American growing seasons, grain markets continue to buck the bullish thoughts. This is mainly attributed to the geopolitical risk, centered mainly around the USA. More specifically, there...

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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...

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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...

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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...

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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...

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