Canada Markets

Is it time for money to flow out of the overbought stock market and into cheap commodity markets once the new year rolls around?

Money managers seem reluctant to abandon their heavily net-short canola position, according to recent data from the Commodity Futures Trading Commission.

Money managers seem reluctant to abandon their heavily net-short canola position, according to recent data from the Commodity Futures Trading Commission.

U.S. Treasury markets suggesting evidence of inflation turning higher at a time when central banks around the world are cutting interest rates could make for difficult times ahead. Nothing so far indicates a derailment or a repeat of the 1970s inflation cycle.

Love them or hate them, participants other than those directly involved with a commodity use futures markets for various purposes. I believe it's better to know as much as you can about the elephants you're dancing with.

A final canola production estimate from Statistics Canada of 17.845 mmt should put the unsustainable pace of canola exports and domestic use back into focus. Other crops have increased breathing room.

Soybean oil export commitments in the first eight weeks of the marketing year now total 146% of the annual projection. Something clearly needs to change.

Barley ending stocks are flirting with 25-year lows, based on a production level that will likely be revised lower in December and an export estimate that should be increased given the current pace.

The unsustainable pace of canola exports and domestic use continues unabated -- yet Agriculture and Agri-Food Canada chose to ignore the situation. We better have a closer look.

Soybean oil with export commitments in the first month of the marketing year totaling 86% of the annual projection certainly justifies further investigation, especially given the implications for canola.

The message U.S. Treasury markets are trying to send us is still not certain, but the field of likely possibilities has narrowed. Recent developments suggest we better brush up on our 1970s inflation cycle history lesson.

Although yet another labor disruption is not necessarily acceptable, the spread between Canadian canola and European rapeseed suggests no meaningful supply disruption is expected.

U.S. treasury markets are trying to tell us something and the most likely possibilities have vastly different implications. The uncomfortable alternative is the one that we should be concerned about.

A case could be made for crude oil costing either $50 or $100-plus per barrel. Here's a closer look at why and its possible impact on the farm.

Canola's export pace makes you look forward to the Canadian Grain Commission's Grain Statistics weekly release. Didn't see that coming.

The October release of the Agriculture and Agri-Food Canada's (AAFC) October Supply and Disposition update contained relatively minor adjustments, but looking through it, there are some very interesting details.

The October release of the Agriculture and Agri-Food Canada's (AAFC) October Supply and Disposition update contained relatively minor adjustments, but looking through it, there are some very interesting details.

As one Canadian union ends a strike in the Port of Vancouver, another union went on strike in the Port of Montreal.

After failed contract negotiations, Grain Workers Local Union 333 went on strike, stopping work at five grain terminals in Vancouver.

For Alberta, in the provincial early yield estimates, regional dryland crop yield estimates are at or below the 5- and 10-year averages, with the exception of a higher-than-average yield expectation reported for the South Region as of July 30. In Saskatchewan, as of July 29, the...