North Dakota planted a record 2.25 million acres of canola this year, according to the most recent Farm Service Agency data, yet the USDA’s Oct. 9 crop production report indicated acres were 2.33 million, a difference of 80,000 acres. The USDA forecasts 5.4 billion pounds of canola productio…
One could look back over the past several weeks and read about the durum market and it wouldn’t look much different week to week … and neither would prices.
Good weather conditions this month have provided producers with an opportunity to make good progress on the 2026 sunflower harvest.
The middle part of October continued to be a “tough sledding period” for the spring wheat market as price gains from earlier in September slipped.
In the October World Agricultural Supply and Demand Estimates (WASDE) report, the U.S. Department of Agriculture (USDA) raised the estimated yield and production of the 2026 U.S. corn crop, which increased supplies and brought a bearish tone to the market. That’s something the market continu…
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…
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.
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.
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.
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.
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…
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.
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.
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.
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.
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…
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…
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.
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.
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.
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…
Unlike other grain commodities that have seen a lot of volatility in recent weeks, durum prices continue on a steady flat line.
The development of the 2026 sunflower crop in the Northern Plains is being pushed to maturity, which could be beneficial for producers.
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.
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.
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