FarmLead Update

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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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...

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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.”...

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Searching for silver linings

Cash grain prices in Western Manitoba continue to drive off the harvest lows. Over the past month, we’ve seen canola prices sit in the $11 handles with some $12s trading on the FarmLead Marketplace for spring 2018 movement. The Canadian Loonie has been hovering around...

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Growing more grain

On Thursday, Nov. 9, the USDA came out with their monthly world agricultural supply and demand estimates. Usually, November is a bit of a sleeper month but given the delayed corn harvest in the US, there were some ideas that the USDA might provide the market...

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