AMIS adjusts world grain production outlooks

Global supply-demand outlooks released by a market monitoring agency formed by an alliance of 11 international organizations point to lower corn production for 2018-19. The Agricultural Market Information System (AMIS) Market Monitor report for July said the record corn harvest in 2017-18 will by more than four per cent in 2018-19. That’s due mostly to […] Read more

CBOT soy market waiting on trade war

It’s currently a wait and see game for traders who trade corn and soybeans on the Chicago Board of Trade (CBOT). “It looks like we’re going to be concerned a lot about what happens with our friends from China here in the short term,” said Jack Scoville, with Price Futures Group in Chicago, Ill. on […] Read more

Brian Clancey of Stat Publishing said farmers have a front-row seat to what is happening in their fields and that gives them the upper hand in marketing this time of year. | File photo

How farmers can use weather markets to their advantage

With seeding complete and weather now the dominant market force, farmers can take advantage of their unique position, if they know how. Brian Clancey of Stat Publishing said farmers have a front-row seat to what is happening in their fields and that gives them the upper hand in marketing this time of year. “Farmers, when […] Read more


Statistics Canada raised its forecast for this year's canola seeded area to 22.7 million acres, which was well above the 21.383 million forecasted prior to seeding and only slightly below the record 23.0 million planted in 2017. | Paul Yanko photo

Canola seeding up, soybeans down

Winnipeg – ICE Futures Canada canola contracts held within a rather narrow range during the week ended June 29, with only the nearby July contract seeing some wide price swings as traders exited the front month before its expiry. Aside from the month-end spread trade, positioning ahead of a number of key reports kept activity […] Read more

The canola latest acreage report by Statistics Canada failed to surprise most investors in the market, however it still could leave futures looking overpriced, according to a trader. | File photo

Canola prices vulnerable after StatsCan report

WINNIPEG – The latest acreage report by Statistics Canada failed to surprise most investors in the canola market, however it still could leave futures looking overpriced, according to a trader. “It certainly is a negative number,” said Ken Ball, of PI Financial in Winnipeg, referring to the agency’s estimate for canola. Statistics Canada pegged acreage […] Read more



Russia finds creative ways to move wheat to export markets

Russia is turning to smaller ports and ship-to-ship transfers to help deal with its large grain harvests. The usual grain-shipping channels, which involve loading ships at Black Sea ports, especially Novorossiysk, are being used to capacity, so traders are using small ships on the Sea of Azov to keep exports flowing. The grain is loaded […] Read more

Farmers Edge, Nufarm announce strategic alliance

(CNS Canada) — Farmers Edge, a supplier of digital farming tools, and crop protection/seed company Nufarm have announced an alliance. The agreement allows Nufarm in Australia to distribute Farmers Edge digital offerings, including daily satellite imagery from its farm risk management platform FarmCommand, which is designed to provide farmers with quick analytics to help them […] Read more


Wheat bids in Western Canada were down for another week, as trade tensions continued to weigh on American futures markets. | File photo

Prairie wheat bids down with U.S. futures

Winnipeg – Wheat bids in Western Canada were down for another week, as trade tensions continued to weigh on American futures markets. Depending on the location, average Canada Western Red Spring (13.5 percent CWRS) wheat prices were down by C$6 to C$13 per tonne across the Prairie provinces, according to price quotes from a cross-section […] Read more

Canadian farmers likely planted more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on June 29. | Robin Booker photo

Canadian canola area likely above earlier projection

Winnipeg (CNS Canada) – Canadian farmers likely planted more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on June 29. “Our idea is that the canola seeded area number is higher than initially reported,” said Jon Driedger, of FarmLink […] Read more