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
Category: Soybeans
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
Soybean yields in 2010 in Ontario have been outstandings. I have talked to a handful of farmers who have told me that this is the best crop they have ever had on the their farm. With the warm temperatures and timely moisture , the majority of the province has seen the massive benefits right before… Read More
In recent years more and more farmers are looking at the growing season from a systems approach. In the past farmers and and suppliers for the most part considered most inputs independent of one another, working on their own piece of responsibility in the growing cycle. Many researchers, input suppliers and farmers are trying to… Read More
Recently I travelled to Indianapolis, Indiana to visit the global headquarters of Dow Agro Sciences. I had the opportunity along with several other people from the Canadian ag media to entrench ourselves in the company’s strategy and objectives to better understand the company. Much of the presentation had to do with with the opportunities for… Read More
I have always found that many farmers do not fully understand how some of the products that they use are effective. I definitely have some products that I think I understand but am probably making some assumptions. This has become an even bigger issue with the pace that technology is being brought to the… Read More
I have been thumbing through the Ontario Farmer lately and it continues to strike me that there seems to be a lack of contentious issue in Ontario this year. Are the crops to good? Is the newly created GFO doing the perfect job? Are farmers making so much money they cannot stand the pains of… Read More
We have no shortage of farmer led groups in Canada. Almost every crop has a growers association that represents their interests in Ottawa, tries to create demand for the commodity with end users and consumers, supports the agronomics of the crop and provides services to the members. Many times this can feel disjointed and does… Read More
As I mentioned two weeks ago, 2010 is the year of indecision and that continues. On Wednesday the USDA released its 2010 acreage forecast and ending stock report. It is hard to not hear the reports and think that there is a bit of a bearish tone to the all the commodities involved. For example wheat… Read More
In my opinion, inoculants are a very interesting product. Products like Nodulator fix Nitrogen which has benefits for this years soybean or pulse crop but also has extreme benefits for next years cereal crop to. Its one of those amazing innovations in agriculture that we take for granted sometimes until you really sit down and… Read More
With the warmest September on record it is maybe no surprise that October has been a harvesting nightmare. Ontario has been receiving its fair share of rain which has resulted in a late soybean harvest and a corn harvest that is just about to begin. There is a lot of interest in the Ontario corn… 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
At the International Livestock Congress I spoke to Brant Randles, President of Louis Dreyfus Canada regarding his outlook for feed grains and oilseeds in the future. Brant and I also talked about the future of grain handling as it pertains to identity preserved crops and the future of the rail system for handling grain from… Read More
This morning the USDA provided an updated planting report and the market was taken for a ride lower due to above expected corn and wheat acres. The following is commentary from Jon Driedger of FarmLink Marketing Solutions and Stephan Gmehlin of Farms.comBelow is Jon Driedger of FarmLink Marketing Solutions commentary.The corn acres was the big… Read More
On Monday afternoon I had the opportunity to sit down with Jon Driedger, a market analyst with FarmLink Marketing Solutions in Winnipeg. A day before the Canadian StatsCan acreage Report was released, Jon provided great insight into the dynamics facing the grains, oilseeds and pulse markets this summer and fall in North America. A special… Read More