December hard red spring wheat has closed higher for the fourth time in five sessions. HRS is nearing a test of resistance as noncommercial traders holding a record net-short futures position grow nervous.
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by Cliff Jamieson , Canadian Grains Analyst
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by Cliff Jamieson , Canadian Grains Analyst
Each month we look at miscellaneous trade data for crops and products as reported by Statistics Canada with a focus on crops where weekly data fails to capture the bulk of activity.
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by Cliff Jamieson , Canadian Grains Analyst
Large green lentil bids continue to push higher, as India reports disappointing summer crop potential and Pulse Canada points to a complicated situation continuing that has not slowed movement overall.
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by Cliff Jamieson , Canadian Grains Analyst
The USDA reports corn exports to Canada have reached a crop year high in the latest week, while this week's barley trade is showing weakness.
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by Cliff Jamieson , Canadian Grains Analyst
The Canadian dollar weakened against the U.S. dollar for a third consecutive month, ending the month of October at its weakest level in over one year while holding barely above support.
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by Cliff Jamieson , Canadian Grains Analyst
Monthly U.S. feedstock use for biofuel production shows canola oil losing share against competing feedstocks.
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by Cliff Jamieson , Canadian Grains Analyst
Noncommercial traders increased their bearish net-short position in canola for a sixth week as of Oct. 24, now holding a record bearish position.
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by Cliff Jamieson , Canadian Grains Analyst
The two sides in the seaway strike are in talks today, with federal government involvement. Movement from Thunder Bay terminals normally totals close to 1 mmt/month over the final months of the year.
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by Cliff Jamieson , Canadian Grains Analyst
Final crop reports from the three prairie provinces shows estimated barley yields higher than the official Statistics Canada estimates, while there are signs that the reliance on imported corn may be below expectations.
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by Cliff Jamieson , Canadian Grains Analyst
Canada's canola crush after two months is seen at the fastest pace on record, while the September soybean crush was the largest September crush seen in seven years.
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by Cliff Jamieson , Canadian Grains Analyst
The cash market spread between the National Spring Wheat Index and the National HRW Index in the U.S. has more than doubled this month and bears watching.
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by Cliff Jamieson , Canadian Grains Analyst
Yield estimates reported in both the Saskatchewan and the Alberta Crop Reports signal the potential for upward revisions when Statistics Canada reports next in December.
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by Cliff Jamieson , Canadian Grains Analyst
Durum bids for Southwest Saskatchewan have retraced to levels last seen in early August, or the first two days of the crop year. This month's International Grains Council report may put a rally in prices even further out of reach.
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by Cliff Jamieson , Canadian Grains Analyst
Canola's forward curve has shown weakness over recent weeks following the bearish close of Oct. 19, while supportive signals remain.
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by Cliff Jamieson , Canadian Grains Analyst
European milling wheat for December delivery is nearing the upper-end of the range traded during the past two months, close to a test of its 100-day moving average.
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by Cliff Jamieson , Canadian Grains Analyst
Canada's inflation rate for all items fell in September, while food inflation fell at faster pace, reported at the lowest pace since January 2022.
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by Cliff Jamieson , Canadian Grains Analyst
CFTC's weekly data shows the combined net-positions for HRW, HRS and SRW moving from a bullish net-long position in late July to a bearish net-short one a week later, with this bearish position growing in size for 10 consecutive weeks.
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by Cliff Jamieson , Canadian Grains Analyst
The Canadian Grain Commission has reported large weekly shipments of wheat from licensed facilities in two of the past three weeks. Cumulative shipments are higher than average, while ahead of the pace needed to reach the current AAFC forecast.
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by Cliff Jamieson , Canadian Grains Analyst
The USDA made few significant changes to their estimates for global canola/rapeseed in October, while their ending stocks estimate remains well above the current International Grains Council estimate and bears watching.
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by Cliff Jamieson , Canadian Grains Analyst
December oat futures closed under pressure for a fourth session, ahead of an expected bearish USDA data release.
DIM[2x3] LBL[blogs-canada-markets-list] SEL[[data-native-ad-target=articleList]] IDX[2] TMPL[news] T[]
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Markets
- Market Matters Blog by DTN Staff
- Technically Speaking by DTN Staff
- Sort & Cull by DTN Staff
- Fundamentally Speaking by Joel Karlin
- Canada Markets by Cliff Jamieson
News
- Production Blog by Pam Smith
- Ethanol Blog by DTN Staff
- Ag Policy Blog by Chris Clayton
- South America Calling by DTN Staff
- An Urban's Rural View by Urban Lehner
- MachineryLink by Dan Miller
- Editors' Notebook by Greg D.Horstmeier