Ceres Global Ag Corp. has suspended plans to build a canola crush plant and refinery along the Canada-U.S. border at Northgate, Saskatchewan. The publicly-traded company says it has decided to halt the project “due to a variety of factors, including but not limited to, inflationary pressures resulting in higher costs than initially projected and shifting… Read More
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
Grain markets are losing some steam as summer starts to heat up, but it’s not the dry corn crop that’s driving the sell-off. Joe Vaclavik, founder and president of Standard Grain based in Tennessee, says that yes, weather is front and centre for those with plenty of experience trading agriculture commodities, but there’s far more… Read More
Commodity prices this spring has made watching the markets an exciting part of nearly every day, especially for farmers who are anticipating a satisfactory yield and who are biding their time locking in prices. However, with many volatile factors contributing to those prices, experts are saying to weigh options carefully and take assurances where you… Read More
The challenges of shipping through the Port of Vancouver in 2021 are highlighted in a new report ranking the performance of 370 container shipping ports around the world. Vancouver was ranked 368th — only better than its West Coast rivals in Long Beach and Los Angeles — in the 2021 Container Port Performance Index (CPPI),… Read More
Although we’ve experienced dips in market pricing, there are good reasons to be cautiously optimistic about where commodity prices are for now, unless we see some significant changes in the local and global landscape. There are many factors that are currently affecting commodity markets. First and foremost is the ever-unfolding situation between Russia and Ukraine…. Read More
It’s been a wild week in the wheat markets, with lots of trading action and news stories driving the markets. Chaos, says Jon Driedger of Leftfield Commodities Research, is one way to describe it — starting off with last week’s United States Department of Agriculture report. “That was a friendly report for wheat. We go… Read More
The Chinese government has lifted restrictions on imports of canola from Canada’s two largest exporters that dated back to March 2019. Richardson and Viterra were banned from shipping canola seed to China more than three years ago. Both companies are listed as approved for exporting canola to China in a government document that was published… Read More
50 years ago this summer, Soviet agents traveled to North America in the middle of the Cold War and secretly bought massive amounts of grain, driving up world prices in one of the most significant events in the history of commodity trading — later dubbed the “Great Grain Robbery.” Russ Crawford, who had a front-row… Read More
It’s rare that cropping plans become a choice of winners. For many, including certain crops or level of acres in any given year is more about rotation benefits, weed control plans, or contractual obligations. But this year is different. This year, many if not all cropping options could prove profitable, if Mother Nature abides and… Read More
The values of some of the current commodities may be at numbers we’ve never seen before; however, the trends are not new. Brian Voth of IntelliFarm joined RealAg Radio to discuss some of the current trends in the markets, and how producers can navigate through them. “The patterns we’re seeing, they’ve shown up in history… Read More
Spring is slowly making its way into the air across the country, as always, faster in some areas than others. As tractors begin to hit the fields, one of the things producers need to be paying attention to is which crop protection products could potentially hurt the marketability of a crop. Keep it Clean is… Read More
When we look at the cost of gain, it’s historically high. As Anne Wasko of the Gateway Livestock Exchanger explains in our latest Beef Market Update, we have reached record highs for cost of gain — with the second highest year on record being last year. “We’re in this environment, the last two years, where… Read More
A difficult fall, with too much rain, late planting and reduced acres, made for a tough Ontario wheat crop heading into winter. As we move into late March, the crop is looking good and RealAgriculture’s resident wheat guru Peter “Wheat Pete” Johnson is enthusiastic about prospects for the crop. On this latest Wheat School episode, Johnson notes… Read More
Update, as of early March 22: CP Rail and the Teamsters Canada Rail Conference have agreed to binding arbitration, ending the work stoppage as it extended into its third day. Normal business operations for the railway are supposed to resume on Tuesday, March 22. The ongoing work stoppage at Canadian Pacific Railway is forcing canola… Read More
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