Over six hundred workers at the six main grain export terminals in Vancouver are returning to work as of Saturday, September 28. Their four day strike, which nearly halted grain shipments through Western Canada’s largest port, came to an end late Friday, as the Grain Workers Union Local 333 agreed to a tentative four-year deal… Read More
Category: Hedging
Geopolitics, interest rates, currency fluctuations, market demand and the weather — there’s much for farmers to consider when making business decisions in a volatile market. Meteorologist and market analyst Shawn Hackett says it’s important for farmers to have a good understanding of all the factors that can impact prices to build effective marketing strategy. At… Read More
There is no shortage of issues to discuss in the ag commodity complex, and our latest edition of RealAg LIVE! is here to cover the latest in market news, and answer everything you’re wondering regarding the futures. On this Thursday edition of RealAg LIVE!, host Shaun Haney is joined by Zaner Ag Hedge’s Chief Ag… Read More
Winter grower meetings are a good place to get in out of the cold, see some neighbours, and find out what’s new in agronomic research. It’s also a good time to get a bead on the markets – what should you be doing with the crop you just harvested and when should some of next… Read More
Viterra wants to make sure producers don’t miss another opportunity to market their grain when they want to – even if you’re at the lake, and the lake is in Arizona. The company is launching its suite of online contracting options through its portal “myViterra.” According to the news release, customers can use their accounts… Read More
Soybeans have been on a wild ride the last few days, riding news of high stocks, news of the U.S./Mexico/Canada trade agreement (USMCA). What’s a farmer to do? RealAg Radio host, Shaun Haney spoke with Arlan Suderman, chief commodities economist at INTL FCStone Inc., to talk soybeans’ recent woes. “I think that there’s a lot… Read More
Before we begin to explain how blockchain may be a game changer for agricultural marketing let’s answer that question that is likely at the top of your mind. “What the the heck is blockchain?” According to the Harvard Business Review, it is “an open, distributed ledger that can record transactions between two parties efficiently and… Read More
November is always a very interesting time for the markets. Analysts begin to have an idea of the crop volume and quality and farmers and looking to solidify their new crop marketing plans and are already beginning to think about planting intentions for the coming spring. Farmers also have to increasingly pay attention to the… Read More
Grain markets got an American Thanksgiving boost as an unexpected update from the U.S. Environmental Protection Agency (EPA) surprised the oilseed complex, with soyoil leading, up 7.4% for the week. Soybeans weren’t far behind as they continue their run, up 5.1%, while canola held on a bit to climb 2.6%. Corn was supported by the EPA… Read More
Is there an ideal exchange rate for Canada’s agriculture industry? That depends, of course, on what you’re selling or what you’re buying, and it’s rare to win on both sides of that equation. What’s more, farmers have no control over currency changes, so how can farmers best prepare for managing currency risk? That’s the topic… Read More