Concerns about drought stress in the U.S. wheat growing area may have bumped the slumping wheat market higher for a day or two, but farmers deciding when to sell both old and new crop need to look at the bigger picture, including the overall economic slowdown, global crop production, and higher interest rates, says the… Read More
Author: RealAgriculture Market Team
The road back to profitability for the pork sector is likely long and difficult as Canadian producers continue to face a troublesome combination of declining domestic demand, fewer opportunities in export markets, and the spectre of tougher U.S. animal welfare regulations that could drive prices lower. It all adds up to tough times for pork… Read More
If you look at the commodity markets as of Tuesday, it’s a bit of a mixed bag, but for the most part — there’s no green on the screen. Jim McCormick of AgMarket.Net joined RealAg Radio host Shaun Haney to discuss what is going on, and where this uncertainty is coming from. As you can… Read More
The expulsion from Canada of a Chinese diplomat earlier this week could wreak havoc on grain exports… or not. What could happen with exports is concerning, yes, but there are much more concrete factors set to shape markets in the short term, says one analyst. Ranulf Glanville with GrainFox says getting a better handle on… Read More
If a farm has the capacity to buy land, it’s often stymied by the lack of land for purchase, not an unwillingness to take on the work or the debt. It’s still surprising to learn that about 40 per cent of land being farmed in Canada is being rented, according to Farm Credit Canada (FCC)…. Read More
Wheat. A mainstay of crop rotations globally and a huge part of the Canadian export market, wheat has not had a great run the last few weeks. To unpack all that’s going on with this market, we go to Brian Voth, founder of Intellifarm Inc., based at Manitoba. First, Voth says we need to check… Read More
If ever there was to be an all-good-news edition of the Beef Market Update, it may just be this week. Anne Wasko of the Gateway Livestock Exchange runs through the numbers south of the border, in the finished and feeder markets, and all the way down to grass cattle and the news is good to… Read More
Even though many are looking at the futures market for ’23 new crop prices, and there’s a little more positivity across drought areas in terms of upcoming precipitation, “what’s going in the mouths of cattle today is still old crop.” So, as a result, we’re going to have to wait until the back half of… Read More
The spring wheat market is no exception when it comes to how up in the air the commodity markets have been. Especially when you look at all the intended acres that are planned for the U.S. Chip Flory, of Agritalk, says a main reason for keeping eyes on the spring wheat market, is the terrible… Read More
When looking at the markets, farmers may feel like they are standing in quicksand, as the outlook uncertainty continues. Chip Flory, host of AgriTalk, joined RealAg Radio host Shaun Haney to discuss some of the hesitancy in the markets, and some of the more positive news that we’ve heard as of late, including the positive… Read More
The story for the last couple of weeks in the cattle markets has been the cash market, and how it is responding on both sides of the border. In both the U.S. and Canada, the cash market has been extremely positive, says Anne Wasko of the Gateway Livestock Exchange. In this week’s episode of the… Read More
The calendar says it’s spring, and we’re ramping up quickly towards the seeding season. Although plenty of cropping plans are already completed, it’s that time of the year where last-minute decisions are going to be on the table. Neil Townsend, market analyst with GrainFox, joined Lyndsey Smith on Wednesday’s edition of RealAg Radio to discuss… Read More
There is growing caution among analysts on where markets will land at and after harvest 2023, as some inflation pressures ease and prices drop. Input prices have pulled back, too, but for those who may still need to price product, the clock is ticking. Kevin McNew, vice president of research and chief economist for Farmers… Read More
Anxiety levels have been increasing across the board, as producers have their eyes on the commodity markets. Many people are feeling less assured the markets are on stable ground. Tyler Schau, of AgMarket.net, says we’ve had a pretty good three-year run, and if we follow the cliché, all good things must come to an end… Read More
With changes in production around the world, fertilizer and commodity prices have fluctuated significantly in the last eight to 12 months. Josh Linville, vice president of fertilizer at Stone X, says it depends on the market, but just about everything today has a very bearish slant to it. When you look at the nitrogen market… Read More