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Brennan Turner

Brennan Turner is the Founder & CEO of FarmLead, the global leader in digital cash grain marketplaces, including its newest trust-based tool, Combyne. 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.

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Year

Wheat Continues Its March Rise

Wheat prices were the leader of grain markets for the second straight week as global demand for the cereal remains strong amidst COVID-19 lockdowns in dozens of countries. Canadian cash wheat prices didn’t mirror the rise in futures as much though last week as the Canadian Loonie rebounded back above 71.5 cents USD after toying with…

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Food Staples Demand Help Wheat Rebound

Wheat markets continue to be the leader in grain markets as investors flee to more less volatile asset classes (i.e. agriculture) and recognize the increased demand for food staples. This is especially true for wheat as it has a wide varied of coveted by-products like flour, bread, crackers, and pasta. The move also confirms my timestamped…

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Wheat Markets Poised to Rebound?

Before we get into some of the craziness that’s been the markets/world, I want to first look at some of the fundamentals for the wheat markets outside North America. Australia has been getting some good moisture lately and while still not enough, more private forecasters are increasing their estimate for the Aussie Harvest 2020 wheat…

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Wheat Markets Fall Flat with Oil, Equities

Wheat markets hit fresh multi-month lows to start the second week of trading in March, as agricultural commodities fell hard alongside oil and broader markets. The rout on oil prices started on Friday as Russia and OPEC failed to agree on how much to reduce their combined oil production by, leaving the relationship between two countries…

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Wheat Sinks on Supply Updates

Wheat markets had a tough close to the month of February as Chicago, Kansas City, and Minneapolis all skidded alongside the rest of the grains complex, as well as outside equity markets. Last Friday, the Dow Jones stock market officially wrapped up its worst week since 2008, losing 12%, including Thursday’s loss of nearly 1,200…

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Wheat Rebounds on Demand Optimism

Wheat markets tried to rebound last week as the complex continued to digest the potential implications of Australia’s smaller wheat crop as well as news that China would cut import tariffs on U.S. agricultural goods.

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Wheat Eyes WASDE, Smaller Aussie Harvest

Last week, the USDA presented its February edition of their World Agricultural Supply and Demand tables but wheat markets were reminded yet again by the U.S. government that there’s still a lot of wheat in the world. Accordingly, wheat markets pulled back for a red weekly performance.

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