A recent update from the Energy Information Administration shows that the biofuel enthusiasm is picking up steam as 403 million pounds of canola oil was used for biofuel production in March, the most since December 2024. A total of 1.28 billion pounds of soybean oil was used, the most since …
The start of the 2026 durum growing season in the region hasn’t been as smooth as hoped, and prospects of potentially large durum crops elsewhere have kept durum prices from moving higher.
As the month of June began, U.S. sunflower producers were making excellent planting progress, and sunflower prices for both old and new crop were unchanged to up 25 cents per hundredweight.
As May turned over into June and spring wheat planting was closing in on completion, the wheat market was looking at more volatility, which is not atypical.
Corn planting is nearing completion, and so far, the crop is looking good, which is positive for producers, but a good-looking crop along with geopolitical issues are putting pressure on the market and prices.
Canola planting progress has been near average in North Dakota and Montana, while progress in Canada is behind last year. Weekly crop progress reports show that canola planting progress in North Dakota was at 37 percent as of May 17, the same as last year but above the 5-year average of 28 p…
There are a lot of unknowns in the current durum market and that’s contributing to prices being somewhat stagnant and even losing the premium to spring wheat in some locations.
The World Agricultural Supply and Demand Estimates (WASDE) reports released by USDA in mid-May gave the market the first look at global production, supply, and demand forecasts for the 2026-27 marketing year for several crops.
The weather, a bullish report from USDA in mid-May, and news that China may commit to significant purchases of agricultural products have combined to give the wheat market a little spark and some added strength.
Corn prices have been rising of late, but not because of anything happening in the corn market in particular. It’s because other commodities have been rising and corn has been tagging along.
Canola prices have strengthened in the past two weeks, although recent prices have eased back in conjunction with the drop in crude oil prices. Private analysts continue to confirm their view of long-term support in the oilseed markets. Canola crush margins are at record levels with the oil …
While other wheat and grain markets have seen some price volatility due to weather, planting progress and geopolitical issues, the durum market and prices have remained relatively flat.
While ongoing supply disruptions due to the war in Iran and the closing of the Strait of Hormuz has caused crude oil and wheat prices to rise, the conflict has had less impact on the sunflower market comparatively.
Volatile weather conditions have been making for some volatile swings in the wheat market this spring.
As the 2026 corn crop is being planted, improving new crop corn futures prices are creating marketing opportunities for producers.
The canola market continues to show strength recently as the market is said to be supported by higher crude oil prices and higher soybean oil prices, according to analysts. The current situation in the canola industry is increasing crush capacity along with record crush margins, increasing e…
It’s been a relatively slow period for the durum market, which remains in pretty much the same position it’s been for the past several weeks. One change, however, is that durum prices and spring wheat prices are now nearly on equal footing as durum no longer enjoys much of a premium over spr…
While other grain markets have been impacted by volatile world events, notably rising fuel and fertilizer costs, the U.S. sunflower market has been able to sidestep some of the turmoil in part because it is not as dependent on exports. The fact there’s less volatility for sunflower may entic…
There are plenty of factors influencing the wheat market lately as evidenced by prices moving up, down, and back up again. The result is that prices are back to where they were earlier in April. The question is how will these factors continue to influence the market and for how long?
The corn market is keeping an eye on a number of factors that can shift price movement quickly and that’s likely to continue, at least for the near term, and those are planting progress, the weather, and the war in Iran.
The EPA’s recent release of strong Renewable Fuel Standard (RFS) volume requirements for 2026 and 2027 is expected to drive renewed demand for canola oil and was welcome news from the canola industry, as well as the entire oilseed sector.
Although USDA’s Prospective Planting Report indicated U.S. durum acreage would decline slightly this year, there wasn’t much price reaction within the market.
There’s going to be more sunflowers planted in the Northern Plains in 2026, providing farmers follow through with their planned intentions as projected in the Prospective Planting Report, which was released on March 31.
With the start of the Iran conflict in March, spring wheat, and a number of other commodities saw prices rally. Since then, however, prices have seen a slight correction lower.
As anticipated, U.S. corn acreage in 2026 was projected lower when USDA released its Prospective Planting Report on March 31. But the bigger issue among many in the industry are rising fertilizer costs.
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