Latest USDA Report Bumps Soybean Yields – Jon Driedger, FarmLink Marketing

Last week’s USDA report managed to bring one notable surprise to light. Soybean yields were actually much higher than anticipated. While that may have been a welcome surprise to farmers and is overall a good news story, there will be a bit of an adjustment period while a market, that doesn’t really like surprises, adjusts to those numbers.

RealAgriculture.com spoke to Jon Driedger, Market Analyst with FarmLink Marketing Solutions about about the fallout from those numbers, it’s effect on other crops like canola and what we can expect to see as the market adjusts.

If you cannot see the embedded video below click here.

 

Shaun Haney

Shaun grew up on a family seed farm in Southern Alberta. Haney Farms produces, conditions and retails wheat, barley, canola and corn seed. Shaun Haney is the founder of RealAgriculture.com. @shaunhaney

Trending

Tax change answers — Part 3: Capital gains

The federal government wants to clamp down on incorporated business owners who it says are claiming capital gains when they should be reporting taxable income or dividends. A capital gain is essentially the increase in the value of a capital asset, such as farmland, above its purchase price. Under Canada's tax system, only 50 percent…Read more »

Related

Leave a Reply