Farmers and analysts alike will be watching Friday’s USDA report for several reasons, and one of them will be the soybean acreage number. Poor planting weather in many corn-heavy U.S. states has many thinking the shift out of corn and into soybeans puts the total acres somewhere north of 77 million acres. If it’s below… Read More
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Pricing new crop is rarely a low-risk venture — the crop is a long way from made and there’s a mountain of weather information, seeded acreage reports and variable demand to distill down into an opinion on price direction. It’s exactly that type of distilling that Moe Agostino, with Farms.com Risk Management, does on a… Read More
Commodities markets are a very complex ecosystem. On the surface it may seem as simple as supply and demand affecting pricing on any given commodity. That is true, but underneath is a very complex web that ties a number of different commodities together. When it comes to effectively predicting which way prices are going to… Read More
What will the corn market look like as we head into harvest? What are those key factors that will affect the market between now and Christmas? Weather is one of those elements always in play as temperatures threaten to impact quality in areas of the U.S.. Demand is another factor keeping analysts on their toes… Read More
Corn drives the agriculture commodity complex which provides great coffee shop and water cooler fodder. Demand for corn has been strong and supplies have been tight which has made the market strong. One of the scenarios livestock producers were hoping for was for the 2011 crop to produce strong yields and a cushion in the… Read More
Agricultural commodities had a great run in 2010. One has to wonder though if there is any opportunity for things to reverse downward just like it did two years ago as we hit July. Some people like Ron Frost believe that we may have reached a new price plateau. Other market analysts like Moe Agostino… Read More
One of the good news items this fall has been the soybean story. Yields in Ontario this fall were outstanding, reaching record highs in some areas of the province while at the same time off combine prices reached seasonal highs. Demand is strong for soybeans from countries like China. Already everyone is speculating on the… Read More
The question of how bullish is corn is really all the talk right now in coffee shops across the US and Canada. Producers and the industry are focused on this crop staple and what it is going to do through the winter. Will we see $6.00 corn shortly or is this just a short blip… Read More
With harvest in the United States underway and off to a very slow start due to rain, there is a lot of discussion regarding the grain and oilseed market outlook. There has been many factors to consider: Struggling hog and beef sectors could hurt feed grain demand In the US, initial corn yields look very good Ethanol… Read More
Today’s show comes all the way from the FieldView Canada booth at Canada’s Outdoor Farm Show, where we hear: An update on Ontario crop conditions, with Bob Thirlwall, Bayer Crop Science agronomist; About some of Climate FieldView’s new pricing for the Ontario market, with Kerran Clements, regional service manager with the company; Laughs, engineering, re-circulating… Read More
Can corn production on the western side of the U.S. Corn Belt offset the reduced yields due to excess moisture in the east? That’s one of the corn market’s main questions heading into harvest. After visiting fields under knee-deep water in early July, Moe Agostino of Farms.com Risk Management says it was clear corn and soybean yields… Read More
It is amazing how fast things can change. With the corn markets fearing a very large US corn harvest some producers are starting to squirm about their profit margins a year from now. As I talk to corn growers many say, “the market will find a bottom and we will be fine” and some say,… Read More
Few farmers want to hear bearish news, but ignoring the warning signs of an impending price slide may just mean you end up on the wrong side of it. About this time last year, Moe Agostino, of Farms.com Risk Management, was calling for a price slide in both corn and soy, and farmers, begrudgingly, have… Read More
Bin-busting crops are never something to wish away, but the simple laws of supply and demand eventually come in to play when everyone has a lot of crop to sell. While that’s oversimplifying grain markets, the overall message is clear — decent quality wheat, corn and other grains are going to be easy to find… Read More
A cool start delayed corn planting in the U.S., so much so that there’s a rumoured 78 million acres of soybeans in the ground down south. A late start means the critical pollination period of the crop — a huge factor in determining yield — into the typically hot weeks of late July. While the… Read More