Producers are urged to consider put and call options as well as seasonal averaging products for all their crops this year
SASKATOON — The grain and oilseed market outlook for 2024-25 boils down to one simple factor. “It’s really a case of big supplies versus big demand,” said Rhett Montgomery, DTN’s lead analyst. Related stories: “It’s really going to be an arm wrestle to see what side of that equation wins out.” Corn traded in the […] Read moreTag Archives market outlook
Global grain demand continues to match supply
Producers are urged to consider put and call options as well as seasonal averaging products for all their crops this year
SASKATOON — The grain and oilseed market outlook for 2024-25 boils down to one simple factor. “It’s really a case of big supplies versus big demand,” said Rhett Montgomery, DTN’s lead analyst. “It’s really going to be an arm wrestle to see what side of that equation wins out.” Corn traded in the range of […] Read more
Plentiful barley supplies may pressure prices
SASKATOON — Canadian barley supplies are likely to be burdensome in 2024-25, according to a market outlook published by the Saskatchewan Barley Development Commission. Supplies are forecast to be in the range of 10.7 to 11.7 million tonnes. Related stories: “This is well above the 2023-24 supplies at 9.65 million tonnes and the five-year average […] Read more
Slowing lentil exports raise questions about carryout
There is little doubt that 2016-17 lentil carryout will rise, but analysts disagree over how much it will increase or if it even matters. Agriculture Canada sees 425,000 tonnes of carryout at the end of the year, up from 73,000 tonnes last year. The February estimate is down substantially from the department’s January estimate of […] Read more
Lock in canola for best price
Farmers who want to achieve $500 per tonne canola for their 2017-18 crop should consider locking in prices before June, says the publisher of Oil World magazine. A short-term squeeze on global oilseed stocks will probably begin disappearing by early summer. Supply should grow through the rest of 2017 leading to a surplus in 2018, […] Read more
Fabas may not be worth hill of beans
Fababean growers should not expect to sell much of their crop into export markets this year, say analysts. Egypt is by far the largest importer of the crop. Buyers in that country are having a difficult time getting letters of credit due to Egypt’s economic woes, said Marlene Boersch, managing partner with Mercantile Consulting Venture. […] Read more
Barley price may be as good as it gets
Even near-drought conditions haven’t given the feed barley market a rally, and farmers are having trouble moving the last of their 2015-16 crop. However, marketers warn that bearish factors are looming in the future, so farmers shouldn’t assume a rally is inevitable. “With the lack of rain, guys just aren’t willing to pull the trigger […] Read more
