Interesting details can be found in the Canadian grain and oilseed export details, including how performance compares to estimates and who the best customers have been.
Crude oil and product futures tumbled in volatile trade Monday, with Brent settling below $100 bbl, after an Iranian official disputed U.S. President...
Parts of the country will see above-normal temperatures, while bombing continues to be active in the Middle East. Tuesday is National Ag Day...
A Kansan son returns to the farm to share wheat harvest and family traditions with the next generation.
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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.
Interesting details can be found in the Canadian grain and oilseed export details, including how performance compares to estimates and who the best customers have been.
A serious uptick expected in future CPI and PPI readings thanks to the Middle East conflict suggests the inflation relief seen over the last few years is over and a turn higher will be eerily...
Interesting details can be found in the Canadian grain and oilseed export details, including how performance compares to estimates and who the best customers have been.
A serious uptick expected in future CPI and PPI readings thanks to the Middle East conflict suggests the inflation relief seen over the last few years is over and a turn higher will be eerily similar to what occurred in the 1970s.
With a quick resolution to the Middle East conflict and associated risk unlikely, the initial spike higher could be just the beginning of a more significant rally.
A mutually beneficial relationship involving trade in canola oil and renewable diesel or biodiesel should help minimize tariff risks in the upcoming USMCA negotiations.
USDA's Ag Outlook Forum soybean oil supply and demand estimates for biofuel use should underpin vegetable oil markets for the year to come.
Record domestic use despite high prices has resulted in the need for increased supplies (including record imports) and limited exports.
Record crush in South America is required to help the U.S. meet world demand for soybean oil and meal.
The end results will somehow differ, but the trends found in AAFC's first look at 2026-27 canola should provide comfort with the implication being demand rationing will again be required.
The fact that China's canola oil import tariffs remain in place should not be a concern, given the relatively insignificant trade compared to that of canola seed and meal.
Now that USDA has weighed in on crop-specific factors impacting price, it's worth considering macro-economic factors.
Soybean oil yield can have a dramatic impact on total production, with early indications suggesting tighter supplies could be on the horizon.
It's always a worthwhile exercise to prepare a watch list of the factors that need to be monitored while keeping an eye out for the unknown.