D'arce McMillan
Freelance Markets Columnist at The Western Producer
I am a freelance markets columnist for The Western Producer, Canada's largest agricultural newspaper. I have covered agriculture for 30 years. Posts are my own.
Articles
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1 week ago |
producer.com | D'arce McMillan
Canada has the potential to post a new record for wheat exports this crop year, and the outlook for next year might look a little brighter as crop problems develop in other countries. However, there is no guarantee that the emerging problems will continue and, as always, it comes down to weather. Chicago wheat futures turned higher May 13-21, breaking a general downward trend since hitting a 2025 high in February.
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2 weeks ago |
producer.com | D'arce McMillan
Recent American trade and biofuel policy developments are moving agricultural markets, while producers on both sides of the 49th parallel hope forecasts for rain this week prove accurate. I’ll first summarize recent developments and later touch on an approach Ottawa might take in negotiating with China to end the tariffs on Canadian canola meal and oil, peas and pork.
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1 month ago |
producer.com | D'arce McMillan
Uncertainty caused by tariffs remains the dominant force in global markets, but the initial shock and price gyrations are settling down. Further shake ups could be around the corner, but let’s look at how markets have reacted in the past few weeks since the tariff wars began.
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Feb 26, 2025 |
producer.com | D'arce McMillan
Crop futures prices are rising, supported by ideas that supply might turn out tighter than expected. The gains provide welcome optimism to offset the worries generated by all the tariff and trade war talk coming out of the mouth of American president Donald Trump. From Jan. 1 to Feb. 21, Chicago May corn futures and Minneapolis spring wheat futures both rose slightly more than eight per cent.
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Dec 11, 2024 |
producer.com | D'arce McMillan
A disappointing canola harvest is in the bin, judging by the November Statistics Canada crop survey released last week, setting up a potential supply squeeze later this crop year. However, with the Chinese anti-dumping investigation hanging over the market as well as the many worries associated with the incoming Trump administration, it is impossible to make predictions. The November production report issued Dec.
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Before this, talk was that Russian would have smaller crop than recent years. Now even smaller?
Some interesting weather taking place in Russia’s wheat growing regions right now, including snow, frost, strong winds, rain, and even sandstorms. Full update and our take on the implications for crops, in tomorrow’s Black Sea Grain News report. https://t.co/JhlfgwwHtE
RT @MaryCKenn: Companies plan to mine phosphate in Quebec, Ontario https://t.co/e0eb9qlV2b
Calendar year 24 China tariff on canola oil & meal, NOT seed Oil exports kg World 3,487,454———100% To US 3,342,927——95.9% of total To China. 644——0.019% meal exports World. 5,779,882———100% To US. 3,768,702———65% of total To China. 2,010,323——35%