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Grain Markets

The drought just blasted Justin Bell’s wheat crop near Rosebud, northeast of Calgary. Yields of only 40 to 60 per cent of normal are common but taking advantage of soaring prices is a way to mitigate some of the loss, say market experts.
Crops, Grain Markets

Make the best of a bad year with astute grain marketing, say experts

Soaring wheat prices could go higher still, but get advice and be nimble, say market watchers

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Reading Time: 5 minutes Drought conditions across Western Canada and elsewhere have driven wheat yields down — and wheat prices up. “I’m having trouble remembering any time in history where we have seen prices for fall delivery ahead of harvest this high,” said Mike Jubinville, senior market analyst with MarketsFarm. “It’s not the all-time record high for wheat prices […] Read more
Will seasonal grain pricing hold this year?
Grain Markets, News

Will seasonal grain pricing hold this year?

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Reading Time: < 1 minute If you’re expecting history to repeat itself, sell some canola soon or wait until post-harvest.  Prices tend to follow a set pattern over the course of the year, says provincial crops market analyst Neil Blue. A chart using price data from 2011 to 2020 and a baseline of 100 shows prices rise to above 104 […] Read more
Will there be any canola left in bins come fall?
Canola, Grain Markets, Markets

Will there be any canola left in bins come fall?

'Stocks are setting up to be the smallest in years'

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Reading Time: 2 minutes It’s been a time that canola growers won’t soon forget, says a provincial crop analyst. “Producers with unpriced canola remaining after the 2020 harvest have been delighted and amazed by the price increase since harvest,” Neil Blue said in a recent Agri-News article. “New record canola prices have been set for both futures and cash.” […] Read more
Exports of wheat have been strong during the pandemic and while prices aren’t great, there’s a chance they could see an upswing in the winter.
Grain Markets, News

Wheat could be a pleasant surprise on the upside this winter

A lot of grain has moved during the pandemic, analysts are hoping for some ‘fireworks’ in the market

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Reading Time: 4 minutes The market for Canada’s wheat shows promise, even if no one can say that it’s going to be a clear winner. “It’s not like we’re going to see the doubling of prices,” said Brennan Turner, chief executive officer of FarmLead. “There are a number of variables that are likely to push wheat prices higher than […] Read more
Geopolitical forces are overriding supply-and-demand factors in grain and oilseed markets, 
says analyst Mike Jubinville.
Crops, Grain Markets, Markets

Buckle up — grain markets are in for a bumpy ride

Politics, protectionism and the increasing odds of a global recession make for a ‘tough market’

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Reading Time: 5 minutes Trade wars around the globe have created a turbulent marketplace for Canadian farmers — and the wild ride isn’t likely to end any time soon. “Over the past two years, the markets really stand apart from what I’ve seen in the 30 years that I’ve been following the grain markets,” said Mike Jubinville, senior market […] Read more
“But if you don’t know enough to understand what’s going on in the markets, you could start trading in a way that’s not managing risk or capturing higher pricing,” says David Derwin of PI Financial.
Crops, Grain Markets

Grain marketing plans come with a learning curve

Forward contracting is a good way to get started, and a solid plan is needed to lower risk

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Reading Time: 2 minutes Marketing your grain and using your drone have more in common than you might think. “No one just buys a drone, flips the switch, and away it goes. You’ve got to figure out how it works and how it’s going to work for you,” said David Derwin, an investment adviser at PI Financial. “It’s the […] Read more
Grain Markets, Markets

Tips for managing market volatility in 2017

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Reading Time: < 1 minute It’s too soon to say exactly how market volatility in 2017 is going to play out, but Errol Anderson has some tips to manage whatever the markets throw at you in the coming year. Strong Futures-Strong Basis What should you do? “Price it. It’s tough to do because, at that point, everybody is bullish. But […] Read more
A hand about to burst a money bubble with a pin. Metaphor for an economic or financial bubble crisis.
Grain Markets, News

The future looks dangerous, says market watcher

Central banks have created an economic bubble and 
when it bursts, demand 
for everything will 
screech to a halt

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Reading Time: 5 minutes Errol Anderson’s opinion on the global economic downturn isn’t one you’ll read in too many newspapers. “I’m going to make a bold statement: We are at the end of an 80-year capitalistic cycle that has already been prolonged 10 years by central bank manipulation. It has to be refreshed, and it will be,” said Anderson, […] Read more
Crops, Grain Markets

Lethbridge barley prices still looking for a bottom

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Reading Time: 2 minutes It’s been a volatile year for Lethbridge barley with prices moving as high as $300 per tonne in early summer, Jim Beusekom, grain broker at MarketPlace Commodities in Lethbridge, Alberta, said, before noting that a bumper crop sent the market in a steep decline that’s expected to continue into 2014. “Well, we went from a […] Read more
Crops, Grain Markets

ICE canola sets new daily volume record

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Reading Time: < 1 minute Canola contracts on the ICE Futures Canada trading platform posted record daily trade volumes on Tuesday, Dec. 10, far surpassing the previous record which was set only a week earlier. There were 68,962 canola contracts traded on the Winnipeg-based electronic market on December 10, according to preliminary trade data. That’s well above the previous daily […] Read more

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