Philip Shaw of the Grain Farmers of Ontario feels February is often a time of "wait and see" for grain markets.
He says the recent trend of increased prices is obviously a good thing for Ontario farmers, especially after U.S. producers hauled in record harvests last year.
Shaw notes, despite the massive production in North America on top of big yields in South America, the strengthening demand for grains elsewhere has kept the rally going for futures prices.
The rise in wheat prices recently is a perfect example.
The analyst feels Ontario producers should be able to cash in if last fall's good start to the crop holds out over the rest of the growing season.
Last week, March corn closed at it's highest mark in over seven months.
Shaw points out that there is still 2.32 billion bushels hanging around in stocks, and that large an amount will still likely weigh on prices this year.
He also notes soybean prices typically rise in the spring, and this year they have the added juice of President Trump recently agreeing to a policy with China to continue exporting there.
