Very strong new-crop corn export sales to date show what is possible with a diversified customer base, something the soybean market should focus on.
Mitch Miller
DTN Contributing Canadian Grains Analyst
Mitch Miller has joined the DTN team as the DTN Contributing Canadian Grains Analyst following a long career in the grain and oilseed sector in south-central Manitoba, Canada. He jokes that he has been a primary producer for almost 40 years by necessity but a market analyst and strategist throughout that by passion.
A bachelor's degree in ag economics from the University of Manitoba initiated a lifelong focus on all things management and marketing. Although the decision was made to downsize the farm significantly in 2019, he proudly claims to still have enough acres to seed and cows to feed to remain grounded.
Too young to quit being productive, he hopes to share some of his experience and insight with readers to help with one of the most challenging tasks on the farm -- marketing the production successfully. A six-year span as a commodity broker and a lifelong career involved in the cash market should provide a unique balance from which to draw.
In an attempt to be transparent, he explains his approach to market analysis. Looking for clues from fundamental analysis, technical analysis and from the market participants themselves through the Commitment of Trader reports, a theory on price direction is developed. The more clues supporting the theory, the more confidence in it. That in turn influences the development of a successful marketing strategy. Through this role, he hopes to be able to share those clues as they are identified on an ongoing basis.Recent Blogs by Author
-
-
Statistics Canada's second model-based production estimates came in stronger than the Aug. 28 projections for the most part. Only oats and corn had minor reductions.
More From This Author
-
Canada Markets
Very strong new-crop corn export sales to date show what is possible with a diversified customer base, something the soybean market should focus on.
-
Canada Markets
Statistics Canada's second model-based production estimates came in stronger than the Aug. 28 projections for the most part. Only oats and corn had minor reductions.
-
Canada Markets
Even though headlines suggest ending stocks of many of the principal field crops fell sharply compared to the previous year, in reality, the totals were above recent estimates, just well-below now-inflated previous years.
-
Canada Markets
Very strong new-crop corn export sales to date, combined with slow farmer sales and disease and late-season drought concerns, may result in the Aug. 12 contract low for December corn marking the seasonal low as well.
-
Canada Markets
Statistics Canada's production estimates came in a bit stronger than other estimates for all wheat and corn while being below others for barley. Canola, soybeans and oats fell within expected ranges.
-
Canada Markets
With the UAE's track record of being an intermediary in canola trade between Canada and China amid official disruptions, they may play a key role again during the anti-dumping duty period.
-
Canada Markets
The soybean market has finally shown signs of concern over the sharp drop in acres and the heightened risk to supply resulting from it.
-
Canada Markets
Amid all the trade tensions throughout the world, it's important for Canadians to recognize who their top grain and oilseed customers are. Without a doubt, China ranks right up there.
-
Canada Markets
With the barley market so heavily relying on corn imports from the U.S. to increase, anything that might alter that outlook should be closely monitored.
-
Canada Markets
Even a 1.611-mmt revision higher to past years' canola production was not enough to offset strong demand, leaving price rationing necessary for the year to come.
-
Canada Markets
The July WASDE report reflected USDA's expectations based on the implementation of the budget bill changes. An unprecedented 7 cent per pound increase in the estimate of the average annual cash price demonstrates how...
-
Canada Markets
With corn export commitments to date only being exceeded once in the last 25 years (and barely), the USDA should be increasing its export estimate again on Friday.
-
Canada Markets
The price you pay for record-high values is the anxiety and volatility that inevitably goes with them. That is one situation where technical analysis helps. With the past outlook being so important to the livestock industry, it's...
-
Canada Markets
Love them or hate them, participants other than those directly involved with a commodity use futures markets for various purposes. In the coming months, commodity index traders could be the best hope there is for higher grain...