With soybean oil used in biofuel production expected to soar in 2026-27, there is no room for exports to be anything more than token amounts for the foreseeable future.
Crude prices tumbled about 3% Friday to near two-month lows after U.S. President Donald Trump called off planned retaliatory airstrikes on Iran...
This week we'll host a Beef Industry Exchange webinar while we monitor crop and rangeland conditions and outcomes from the U.S.-Iran memorandum.
Father's Day and full-tilt farming season collide every year. DTN View From the Cab farmers take time to reflect on family and working relationships.
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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.
With soybean oil used in biofuel production expected to soar in 2026-27, there is no room for exports to be anything more than token amounts for the foreseeable future.
China has played a critical role as an export destination for Canadian grains and oilseeds during the 2025-26 marketing year.
With soybean oil used in biofuel production expected to soar in 2026-27, there is no room for exports to be anything more than token amounts for the foreseeable future.
Amid drought, El Nino and crop input concerns, ABARES gave a pessimistic June outlook for the 2026-27 winter crop potential.
The soybean/corn price ratio continues to support a shift in area from corn to soybean planting as the season wraps up, backing ideas that corn acres are likely to decline further in the June...
The soybean/corn price ratio continues to support a shift in area from corn to soybean planting as the season wraps up, backing ideas that corn acres are likely to decline further in the June report.
Should China fulfill its commitment to purchase additional U.S. ag products as announced following Trump's visit, corn would certainly be a sensible option.
Nothing cures low prices like low prices. Producers had enough of poor returns from wheat and reduced area, then Mother Nature helped cut production even further.
Although they are not nearly the tightest seen during the past 25 years, barley stocks as of March 31 were certainly snug enough to warrant keeping an eye on.
Funds have been building a significant net-long position ahead of a potential corn market rally. Whether it turns out to be like the 2020 version is yet to be seen but does need to be on the radar.
Given canola is such an expensive, input-intensive crop to grow, a reduction in seeded area would make sense given the elevated risks facing producers. But that may be a mistake.
Canola crush margins have reached record levels, something producers should be aware of while working on marketing strategies.
Regardless of whether the ceasefire holds or not, the break in price that it caused presents an opportunity to manage harvest diesel price risk.
Nothing cures low prices like low prices and it appears producers have had enough of the poor returns from spring wheat. But will that create opportunity?
The soybean/corn price ratio certainly supports a shift in area from corn to soybean planting this spring, but it will need to be monitored for signs of that transition being too great.