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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

Thinking New Crop Wheat Sales

Around this time of year, I’m always getting asked by farmers and grain buyers alike about new crop sales sentiment. Usually what results is a conversation about the direction of the market (bearish vs bullish indicators) and reducing some of your exposure to the downside risk. Often, this is the time of year when we start to see…

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Wheat Looks for Next Headline

Wheat markets pulled back last week on decent start to the spring version of Plant 2020 in North America and generally benign conditions across Europe and the Black Sea. That said, we are starting to see some private estimates follow the USDA’s smaller forecast of the wheat crop in the European Union.

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Reports & Planted Acres Abound

As Plant 2020 starts to kick into high gear, we saw some closely watched government reports published lately that tend to have some impact on the markets. Last week, Statistics Canada shared both its asterisked estimates of Plant 2020 acres, as well as what Canadian grain stocks looked like at the end of March. When it comes to the latter,…

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Wheat Waiting on Weather, New Crop Year

Wheat markets pulled back as the calendar flipped into May on benign weather and wavering demand. On a weekly basis, the wheat complex gave back some ground, but for April, things settled quite a bit lower than where we started the month. The good news is that the techincals are suggesting that we could get some reversals to the upside,…

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Wheat Falls on Volatility, Planting

Wheat markets continued their pullback into the last week of April as the complex digests decent Plant 2020 conditions against weaker global trade flows. Last week, wheat prices lost some ground as they were pressured by both farmer and technical selling on the futures board. After Friday’s liquidation, it was rumoured that hedge…

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Wheat Hoarding and Exporting

Wheat markets ended last week mostly in the red, due to some profit-taking and farming selling. However, the fundamentals for a rebound have remained intact and that’s what we saw on Monday, April 20th. More explicitly, there are some frost concerns in the U.S. winter wheat belt, while dryness in central Europe is threatening the…

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Working in a Wheat Sale?

Wheat prices rebounded last week as the complex digested the April WASDE report amid a shortened-week due to Good Friday and some inclement weather in major growing regions. Forecasts calling for drier conditions in Europe and freezing temperatures in the American Southern Plains, namely Kansas, continued to support winter wheat prices.

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