As an exporting nation, Canada has a history of relying on a low currency. Unless you have been hiding under a rock for the past four years, the Canadian dollar no longer enjoys this low value luxury. Many producers who export are very concerned about the value of the Canadian dollar and some of the… Read More
Category: Hedging
The market just continues to get tossed around based on acreage, yield and carry out numbers from Stats Can and the USDA. Today it was the USDA’s turn as they broke the news that they have revised their corn yield estimates down to 155 bu per acre from 160 bu per acre. It has been… Read More
When I was at CropWeek last January lentils were all the rage for farmers. With high prices and increasing acres many people, including myself thought the best thing to do was to forward sell 2010 crop at low 20’s to protect against a bearish market. Throw in a poor spring, a wet harvest and resulting… Read More
The question of how bullish is corn is really all the talk right now in coffee shops across the US and Canada. Producers and the industry are focused on this crop staple and what it is going to do through the winter. Will we see $6.00 corn shortly or is this just a short blip… Read More
This is appearing to be a difficult year to try and execute on a marketing plan that you can have conviction in. Between the late crop, uncertain yields, carry out numbers being questionable and fluctuating basis levels, farmers are really having their marketing plans tested. Even the most experienced analysts are questioning what is the… Read More
When planning for the upcoming planting in the fall, farmers need to look back and see what went good and what were the areas where they could of improved. In looking back on the Ontario 2010 wheat crop there were several things that a you could take and implement for the 2011 season. In this… Read More
Just when you think the wheat market is stable and that the supply and demand equation is fully priced in the market……BOOM!!!!!! Russia and some neighbouring countries decide to have a drought and WALLA!!!……The market have decided to go 2007 on us again. Who can stomach this volatility and craziness? Is this real or just… Read More
In the Canadian Wheat Board’s effort to provide more options to the Western Canadian farmer the FlexPro contract is back again. The deadline for signing up for the program is the end of the month. I talked to Jonathan Driedger, FarmLink Marketing Solutions on the advantages and disadvantages of the program and whether or not… Read More
During this past winter there was no bigger story in Western Canada than the hysteria around lentils. Saskatchewan is the lentil king in Canada and has also received an abundance of wet weather since early April. The lentil market is known to swing in big ways up and down but seems to be holding relatively… Read More
Globally, the barley crop is in flux. For farmers that grow malt barley and feed barley, 2010 does not look like a great year to be growing and marketing barley. Many growers feel the malt premiums are not high enough and the feeding sector is increasing DDG incorporation. In areas like Southern Alberta silage pits… Read More