Market Insider

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Brennan Turner

Brennan Turner is the Founder & CEO of FarmLead.com, North America’s Grain Marketplace. He holds a degree in economics from Yale University and spent time on Wall Street in commodity trade and analysis before starting FarmLead. In 2017, Brennan was named to Fast Company’s List of Most Creative People in Business and, in 2018, a Henry Crown Fellow as part of the Aspen Institute. He is originally from Foam Lake, Saskatchewan where his family started farming the land nearly 100 years ago (and still do to this day on more than 50,000 acres!). Brennan’s comments on grain markets are regularly featured in everything from small-town newspapers to large media outlets like CNBC and Bloomberg.

Archives


Year

Harvest Stalled, But Not Exports?

In town for meetings on the 1st and 2nd of October, I left Calgary this week amidst a snow storm – one that put a further damper on Harvest 2018 prospects.

 

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Strong Canadian Wheat Demand?

Last week, StatsCan released its annual September satellite-based production estimates. The agency said that spring wheat yields in Canada will come in at 49.5 bushels per acre (bpa). That is up from the 46.6 reported a few weeks ago.  That figure puts production expectations at 22.91 MMT. In the August report, StatsCan said Canadian…

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Wheat Markets Rebound from Bearish WASDE

The USDA came out on Wednesday, September 12th with one of the most bearish WASDE reports in recent memory, destroying any pre-report expectations, especially for corn and soybeans.

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StatsCan Numbers Don't Ease Harvest Pressure

Grain markets are all in the red as the complex continues to have a losing first week of September.
Wheat prices continue to be the worst-performer of the group as the bullish dynamic in Europe, the Black Sea, and Australia has seemingly been priced in, relative to a decent-sized crop coming off in Canada.

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Diverging Wheat Market Sentiment

Europe continues to garner attention thanks to extreme heat and the ongoing reduction in wheat production estimates. The key factor, however, is quality.

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Russia Eases Wheat Harvest Price Pressures

Nearly a year ago, we wrote a FarmLead Insights piece on the rise of the Russian wheat industry, and how they have been a key factor in the global wheat market.

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Wheat Prices Began Their Rise in July

The month of July started out slow for wheat prices, but as we got into the second half of the month, things started to pick up. We’ve started to see more aggressive moves in this first week of August, thanks to some drier weather in Europe, Australia, as well as North America.

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