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
Author: RealAgriculture Market Team
The problem with war is that there’s no way to know, really, what is going to happen. Jacob Shapiro, geopolitical analyst with Cognitive Investments, calls this the “fog of war,” and it creates uncertainty, volatility, and quick shifts in direction that are difficult to plan for. In the podcast and video below, RealAg Radio host… Read More
Looking at current grain prices, it might seem markets remain largely unchanged by the impacts of an entire year of Russia’s war on Ukraine. But the truth is, says Arlan Suderman, at StoneX, is that global markets have been “dynamically changed” in a great way that impacts all commodities. “First of all, we had become… Read More
The oat market is somehow managing to garner positive attention, even as “burdensome, massive oat supplies” weigh on the market. Randy Strychar, president of Oatinformation, presented at CropConnect in Winnipeg, Man., this week and says barring a major weather event, it will take 18-24 months to chew through the current large oat supply. But despite… Read More
Wheat markets tend to err on the side of boring, as its one crop that is grown in essentially every region of the world. That said, ignoring what’s ahead for the market could leave real dollars on the table if growers aren’t paying attention to market moves. Neil Townsend, of FarmLink Marketing Solutions and GrainFox,… Read More
We’ve got some supply issues in the cow/calf sector, and we need to rebuild the U.S. cow herd. This is the message that Kevin Good, vice president of CattleFax, is sharing this week at the National Cattlemen’s Beef Association Conference (NCBA) at New Orleans, Louisiana. After four years of massive liquidation across parts of North… Read More
There are convincing arguments to be made on grain markets moving to the up and to the down side. Right now, the bulls seem to have a slight edge, but all that could change quickly, says Neil Townsend of FarmLink Marketing Solutions and Grainfox. A general lack of big news has kept markets in a… Read More
It’s been a mild January so far in Saskatchewan, where star of the Beef Market Update, Anne Wasko of the Gateway Livestock Exchange, is reporting from today. Wasko joins guest host Lyndsey Smith this week to discuss cattle prices in the U.S., Western Canada, cattle-on-feed numbers, Canadian kill prices, and more. Check out the full… Read More
The announcement in late November that Health Canada is moving forward with a label change for lamba-cy insecticide products, ie. Matador and Silencer, effective April 2023, immediately set off alarms across Western Canada regarding problems with flea beetle control in canola. Ontario agronomists and growers then began to ask if they too would have access… Read More
When market volatility is not the motivating factor for growers to sell, how do marketers avoid selling complacency setting in? Jonathon Driedger of Leftfield Commodity Research says that the markets could test new highs in the year ahead, but that small moves over time may be more likely in the year ahead. At the top… Read More
Now is an interesting time to be making decisions on old crop marketing or pulling the trigger on new crop pricing. Some farmers are well set for new crop, but market analyst Jonathon Driedger of Leftfield Commodity Research says there are three key factors that bear watching early in the new year. Looking very big… Read More
As much as the 2023 growing season and following marketing year are highly unlikely to be as wild as 2022, there’s still plenty of unknowns and volatility ahead. Neil Townsend, analyst with FarmLink Marketing Solutions, says there were definitely head-scratchers in the 2022 season — like when wheat prices shot up, then dropped, then settled… Read More
The full brunt of the 35 per cent tariff on Russian-sourced nitrogen in 2022 didn’t just equal millions of dollars paid by Canadian farmers, it also put a spotlight on the challenges of some global trade flows. Grain Farmers of Ontario (GFO) commissioned StoneX to explore the issue, and author of “Farmers Need Fertilizer,” Josh… Read More
Some fertilizer pricing decisions and applications for the 2023 crop have already been made, but there’s plenty to be priced between now and April. For a look at current and future fertilizer markets, we go to Josh Linville of StoneX, and start with the apparent lull in prices — is this a temporary reprieve from… Read More
The Bank of Canada raised its overnight rate by 0.50 per cent earlier this week, but signalled this may be the beginning of the end for rate hikes. What does this, a tight labour market, and high commodity prices have in store for 2023? J.P. Gervais, chief economist with Farm Credit Canada, spoke this week… Read More