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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.

Archives


Year

Wheat Pops on Russia Export Tax, Record Chinese Use

Wheat markets pushed higher through the middle of January on a bullish WASDE report from the USDA and expectations of a Russian wheat tax being implemented sooner than later. Supporting the wheat complex is ongoing dryness concerns in the U.S. Southern Plains, as well as in South America, which has pushed corn prices higher, and in turn,…

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New Crop Pricing Opportunities

As we push into the middle of January, amidst all the COVID-19 and politicking, pencil farming is hitting full tilt and producers and buyers alike try to secure some contracts and a sense of what Plant 2021 acres will look like.

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What 2021Will Bring for Wheat Markets

A reflection on the past year can be a guide as to where we go next and that’s certainly something to consider right now as it relates to grain markets. The end of 2020 came with some relief but we woke up the next day with the reality that we’re still dealing with the COVID-19 pandemic. And this pandemic, coupled with some…

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A New Wheat Export Tax Rallies Wheat

Wheat markets had a very strong finish to the second week of trading in December as the monthly WASDE report, combined with rumours of a wheat export tax out of Russia, provided the foundation for the bulls to have a run.

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Canada, Australia Wheat Crops Get Bigger

Last week, both Canadian and Australian government agencies raised their outlook for their respective nation’s wheat harvest. Combined with a bigger export quota from Russia, this extra supply put some heaving pressure on the wheat complex, dropping the futures boards by as little as a dime and as much as a quarter last week. It…

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Rangebound Wheat Markets?

Wheat markets finished the month of November on a topsy-turvy note, as the futures board showed a net decline over the past 30 days, while the cash markets continue to be largely rangebound. More broadly, wheat markets were the anomaly in a largely positive month, especially compared to other futures-traded crops, including corn (+5.3%),…

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Settling in for Winter

Wheat markets pushed towards the U.S. Thanksgiving holiday with some technical and farmer selling keeping a lid on any further movement to the upside, contrasting some solid gains in corn and soybean futures. Also pressuring the wheat complex was some healthy moisture events across North America, with some rain falling in the Southern…

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