Looking back over the past century, economic recessions have more often than not been preceded by a sharp rise in oil prices, as seen in the first half of 2022. Farmers and grain marketers should be looking to the energy market as a leading indicator for where other commodities are headed, according to a market… Read More
Category: Currency Markets
What goes up must come down, but if you’re waiting for deflation to begin any time soon, you may be in for a long wait. Inflation — and the increasing interest rates designed to put a pin in it — is top of mind for every economist right now, and Farm Credit Canada’s chief economist… Read More
One of the conversations in the first few weeks of the new year often ask the question “What should I be paying attention to?” Farm Credit Canada (FCC) has released its list of the top 5 economic trends for Canadian agriculture and food to watch in 2022. J.P. Gervais, chief economist at FCC, joined RealAg… Read More
How about those cattle markets? Everything is on the move and demand is there, but getting the cash back to the producers at the end of the day has been tricky. To break it all down on this RealAg LIVE! host Shaun Haney is joined by Brian Perillat of CanFax. Don’t miss a new RealAg… Read More
If you like acreage outlooks, discussions on the mystery of Chinese intentions, and theoretical interest rate conversations, you’re probably a lot of fun at parties. You’re also totally going to want to get in on today’s RealAg LIVE! Tap below to hear Matthew Pot of Grain Perspectives and host Shaun Haney discuss forward pricing, spreads,… Read More
One year in to navigating a global pandemic, it’s clear that the economic health of consumers is ailing, but it’s difficult to measure by how much; and until COVID-19 passes, any economic recovery in Canada is strained. “It’s interesting, when we think back to a year ago, just before the pandemic really began to bear… Read More
It’s outlook week here at RealAgriculture, and we’re trying to spend the week looking forward, instead of back. We’ve been talking so much about 2020 – it’s time to talk about 2021. However, the key to 2021 really does play off of the year of 2020. Glen Hodgson of the C.D. Howe Institute joined RealAg… Read More
Profitable grain prices can make sticking to a planned crop rotation a little tougher if there’s a clear winner in the bunch, but many farmers are enjoying decent prices across the board for most crops right now. How long these strong prices last is the big unknown, and to unpack where we’re at and where… Read More
In the busyness of the everyday, it stands to reason that some risk management issues fall to the back of your mind. Currency risk is one of those that might seem so out of your control that it’s not worth the brain power, but understanding what direction the Canadian dollar is headed and how that… Read More
On today’s RealAg LIVE! our host Kara Oosterhuis is joined by Brian Voth of IntelliFarm Inc. out of Manitoba. They talk about canola, soybeans, wheat, pulses, and even get a bit into currencies! Don’t miss the LIVE! weekdays at 1 pm M/3 pm E on your favourite social media platform! SUMMARY Brian wears a snazzy… 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
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
The Canadian dollar trended higher through the summer and has returned to the range that a lot of analysts thought it would hover around for the bulk of the year prior to the arrival of the COVID-19 pandemic. While it’s declined slightly since the start of September, the loonie is back to trading around US$0.75… Read More
Many Canadian ag exporters may have wished that they had hedged the dollar a bit more. The Canadian dollar has climbed recently, making its way back to pre-COVID levels, around the US$0.755 mark. It’s hard to know what to expect for the second half of 2020. Jon Driedger of LeftField Commodity Research recently joined Shaun… Read More
Over the past month I’ve been asking commodity analysts and economists to speculate on whether we would see a $0.65 or $0.75 dollar first. All but one analyst replied — generally with great resolve — that $0.65 was the correct bet. That is not looking to be the case at at this point, as the… Read More