Final production totals from Statistics Canada confirmed yields rose dramatically from the September estimates for most Western Canadian crops while row-crop yields declined thanks to an...
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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.
Final production totals from Statistics Canada confirmed yields rose dramatically from the September estimates for most Western Canadian crops while row-crop yields declined thanks to an...
With corn export commitments to date at a record pace already, what would happen if China returned to the market?
Final production totals from Statistics Canada confirmed yields rose dramatically from the September estimates for most Western Canadian crops while row-crop yields declined thanks to an Eastern Canadian drought.
With corn export commitments to date at a record pace already, what would happen if China returned to the market?
With the help of surging heating oil (ultra-low sulfur diesel) prices, soybean oil appears to be breaking higher from support.
A combination of technical and fundamental clues suggests the worst should be behind the cattle market with it now time to try to rebuild confidence along with price.
The multiple bullish technical signs that have developed in soybeans are sure to attract additional trader attention.
Amid the debate over the level of U.S. government debt, could inflation exceeding the 2% target be part of the solution?
Amid the debate over the level of U.S. government debt, could inflation exceeding the 2% target be part of the solution?
Is it time for money to flow out of the overbought stock market and into cheap commodity markets as valid concerns about the former increase?
With the attention that gold is receiving lately, it may be making the trade question what fair value of the various crops should be, regardless of crop size.
With soybean oil used in biofuel production set to soar in 2025-26 (assuming a short government shutdown), there is no room for exports to see a repeat of last year's surge. Yet the market may be allowing it.
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.
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.
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.