May 23

How to be Best in Class in an Economic Downturn: Follow this 10-Point Action Plan

Dr. Mike Boehlje is a Distinguished Professor in the Department of Agricultural Economics and the Center for Food and Agricultural Business at Purdue University. Check out his easy-to-implement 10 steps to keeping your farm financially strong during an economic downturn.

Jan 04

Grain Markets Update: Funds Quite Active

Major grains & oilseeds markets

There is very little going on; it was a featureless week with futures closing a little weaker on Friday following a generally positive week. It will remain like this until the New Year.

Nov 10

Grain Market Insights: Strong Chinese Demand for Soybeans

Major grains & oilseeds markets

Nov 04

Grain Market Insights: Futures markets find strength

Major grains & oilseeds markets

The futures markets were a little stronger by the end of the week (particularly CBOT wheat) - despite the lack of participation by the fund elements and also the strong dollar.

Oct 26

Grain Market Insights: Soybean Exports Still Strong

Major Grains and Oilseeds Markets

Cash trading was almost absent from the market last week although we did see some durum traded to Tunisia at a parity of C$11.00/bu FOB St. Lawrence or about C$9.35/bu ex elevator Saskatchewan. Export sales of soybeans were very good with the Chinese continuing to buy, as crush margins are good. The market is starting to feel like it believes Mercantile’s view that the WASDE estimates of Chinese imports are too low and is cautious about shorting soybeans.
Harvest in the EU and US is progressing well although we have no reports of damage done following Hurricane Patricia’s landfall.
The futures markets traded in a narrow range last week despite very heavy selling by speculative funds. Speculative funds sold nearly 15 myn tonnes of futures following reports of better weather and increased winter sowings in the FSU. This was the heaviest week of selling we have seen from funds for a number of weeks and would suggest that they are prepared to start new short positions at current levels. One surprising element was that they left oilseeds alone.

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