Canola harvest has nearly wrapped up across North Dakota with some areas of the northern part of the state remaining to be harvested before colder weather sets in. The USDA issued its first production estimate for major crops on Oct. 9, and average canola yields in the state are significantl…
- Mark Conlon
Although there were no big announcements of extended U.S. soybean export sales when President Trump and President Xi of China met in September, demand for U.S. soybeans remains good, as do prices.
- Mark Conlon
With the northern U.S. durum harvest complete, the market now awaits to see what the final production and quality of the Canadian durum crop will be to provide more direction. In the meantime, durum prices continue to hold steady with where they were in late September.
- Mark Conlon
The U.S. Department of Agriculture’s (USDA) recent Quarterly Stocks Report showed that sunflower stocks have risen substantially. The report didn’t have a huge impact on prices though, as they remained unchanged to up 50 cents and new crop contracts were also unchanged.
- Mark Conlon
Spring wheat prices have continued to drift down from the highs in September due in large part to a lack of new news related to geopolitical issues and the fact that any production issues have been accounted for already in the markets.
- Mark Conlon
U.S. corn prices felt the pressure from USDA’s September Quarterly Stocks Report, which shocked the corn market when it was released on Sept. 30.
- By BARRY COLEMAN, Northern Canola Growers Association
USDA Farm Service Agency acreage data reported recently shows an additional 135,000 acres were reported in states that do not show up in USDA data. Canola was planted in 365 counties this year in 29 states this year, an all-time record with acres topping 3 million. Six states that exceeded 1…
- Mark Conlon
Although the costs for oil, gas, and diesel fuel remain high and have had a negative impact on many producers’ bottom line, the high energy prices have helped give a boost to soybean prices, which may help alleviate some of the pain.
- Mark Conlon
There was good news in the durum market recently as prices rose after months of remaining in a steady trading range, but there remained some challenges for the market as harvest results are analyzed.
- Mark Conlon
Earlier in August, conditions for the 2026 sunflower crop in the Northern Plains were dry and producers were considering desiccating the crop early to push for an early start to harvest, but after some rains in late August and into September, producers may be re-evaluating those plans.
- Mark Conlon
Although wheat prices have come down some after rallying into early September, the market is still supported by some strong variables that have kept prices in a trading range of $6.40 to $6.95 for local cash prices for 14-protein spring wheat.
- Mark Conlon
Lower production estimates, rain delays for this year’s harvest, and geopolitical issues have all helped corn prices reach the highest they’ve been in three years.
- By BARRY COLEMAN, Northern Canola Growers Association
The canola market has gained ground recently in the futures market, with nearby basis levels weakening and deferred levels remaining steady. A potentially more bullish EPA announcement on biofuels and increased long positions from traders in the entire commodity sector has been the main driv…
- Mark Conlon
Whereas yield projections for this year’s U.S. corn crop differed from USDA and private analysts, which gave a boost to corn prices, projections for this year’s U.S. soybean crop are not that different. Still, soybean prices, like corn, have seen a nice improvement.
- Mark Conlon
For the past few months, unlike other grain commodities that have seen prices fluctuate up or down depending in part on what’s happening in other markets, durum prices have continued to be stuck in a trading range with prices between $5.25 to $5.50 catching most bids for top-end milling qual…
- Mark Conlon
All commodity markets under the watch of the U.S. Department of Agriculture (USDA), including the sunflower market, were waiting for new data ahead of the department’s supply and demand and crop progress reports on Sept. 11, looking for some direction.
- Mark Conlon
Harvest of the 2026 spring wheat crop is wrapping up, which continues to put pressure on the market, but geopolitical issues are also having an impact.
- Mark Conlon
In late August, conflicting yield estimates for this year’s U.S. corn crop caused a positive reaction in corn prices. Since then, prices have come down slightly but are still at a nice level.
- By BARRY COLEMAN, Northern Canola Growers Association
Uncertainty crept into the canola market recently, as an escalating U.S.-Canada trade war and a looming EPA decision on small refinery exemptions both threaten to reshape canola demand just as harvest gets underway across the region. Neither issue has been resolved, and the outcome of either…
- Mark Conlon
As soybean harvest gets a little closer, the market is dealing with some volatility that may carry on for the next few weeks.
- Mark Conlon
Unlike other grain commodities that have seen a lot of volatility in recent weeks, durum prices continue on a steady flat line.
- Mark Conlon
The development of the 2026 sunflower crop in the Northern Plains is being pushed to maturity, which could be beneficial for producers.
- Mark Conlon
With spring wheat harvest in full swing across the Northern Plains, the market has been experiencing some volatility, but there’s also been a bit of strength in the market since harvest began.
- Mark Conlon
Although early estimates indicate lower yields for the 2026 U.S. corn crop, there appears to be more support and better prices in the corn market at this time.
- By BARRY COLEMAN, Northern Canola Growers Association
Canola harvest has begun in North Dakota as the USDA reports that two percent of the crop has been harvested as of Aug. 9. Initial yield reports from growers are much lower than last year due to the intense heat over the entire region in the past month. The heat is widely reported to have ta…
