What is it about farmers in Quebec that makes them so effective at lobbying? Solidarity, for one, says our guest for this LIVE! episode. Guest host Kelvin Heppner of RealAgiculture is joined by Phil Shaw, grain farmer from Dresden, Ont., and markets columnist for DTN for 34 years, where they talk a little basketball, a… Read More
Guess what? We have another great RealAg LIVE! episode for you and today’s focus is Farm Credit Canada’s latest trade report. Joining host Shaun Haney is J.P. Gervais, chief economist with Farm Credit Canada (FCC). RealAg hosts a LIVE! Q&A on a timely topic each weekday on social media at 1 pm M/3 pm E!… Read More
It’s time for another episode of RealAg LIVE! Host Shaun Haney has two exciting guests on today’s show: Carlo Dade, director of the Trade and Investment Centre at Canada West Foundation (CWF), and Sharon Zhengyang Sun, trade policy economist with CWF. RealAg hosts a LIVE! Q&A on a timely topic each weekday on social media… Read More
September beef export trade data is in, and, following a good July and August, the numbers are a bit disappointing. “We’ve been talking about trade a lot because we know both the U.S. and Canada have a pile of beef that we need to get through, and obviously export markets are an important piece of… Read More
Grain markets moved into the second half of November largely in the green, thanks to USDA sharing some bullish data in their November WASDE report. Soybean and canola prices continue to reach new multi-year highs as export demand remains strong, stocks continue to tighten, and weather concerns remain for the South American crop. Wheat prices… Read More
The grain markets offered farmers a gift this fall with a harvest rally. While highs may have been locked in for some crops already, there is still plenty to talk about ahead of the busy shipping season. For this episode of RealAg LIVE!, stand-in host Kara Oosterhuis is joined by Chuck Penner, founder of LeftField… Read More
The November WASDE report from the United States Department of Agriculture led to some green on the screen on Tuesday as markets reacted positively to the news of higher corn exports and lower than predicted production. For U.S corn, production is pegged at 14.507 billion bushels, down 215 million from the last report, following a… Read More
Grain markets were able to find some fresh gains for the first week of November, one which was very much overshadowed by the U.S. election. While Friday saw some selling in the grain markets, it was a still a relative positive week, but it was one that history will likely remember for the controversial words… Read More
The Canadian Grain Commission (CGC) has suspended the licenses for three related companies that purchase pulse and specialty crops from farmers in Western Canada. The grain industry regulator has temporarily revoked the licences for Canpulse Foods Ltd. and Global Grain Canada Ltd, as well as their parent company, Mississauga, Ont.-based Globeways Canada Inc., as of… Read More
Grain markets finished the last week of October in the red, but the pull-back this past week was not enough to keep the complex from having a positive monthly performance for front-month futures contracts. To finish off the month of October, a lot of trading activity circled around a few key factors: La Nina/dryness issues,… Read More
To say the futures market took a bit of a nosedive this week would not be an exaggeration. It has, however, been doing its best to try to recover some of those losses. Anne Wasko of the Gateway Livestock Exchange says in the latest Beef Market Update that the moves have been very volatile lately…. Read More
The unexpected bump up in commodity prices going into November begs the question: how long can it last? “A simple rule of thumb: high prices cure high prices,” say Brennan Turner of FarmLead’s Combyne Ag Trading Network. “I think there’s definitely a combination of factors that are kind of driving the markets right now; first… Read More
The Bank of Canada has announced it will hold firm at a 0.25 per cent interest rate for now; and, given the commentary around the announcement, likely for some time. According to J.P. Gervais, chief economist with Farm Credit Canada, it’s not an unexpected outcome. “When you comb through the [Bank of Canada] statement, what… Read More
Grain markets continued their march higher again this past week, as weather concerns, strong demand, and speculative buying continue to support the bulls. Wheat prices have been on a tear, with Chicago SRW values continuing to sit at 6-year highs on La Nina concerns. Meanwhile continued healthy Chinese demand for American corn and soybeans supported… Read More
Fall is often a time when farmers think about pre-purchasing or putting down some fertilizer in order to save a buck and some time in advance of the coming year. For late 2020, fertilizer tariffs on imports into the U.S. is changing the price dynamic and causing some uncertainty. Russian and Moroccan fertilizer companies have… Read More
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