To say that the currency market is volatile would be quite the understatement. We have seen the USD decrease in value by 15-20% in a very short time period. The economy has been a well discussed topic in the media, in the local coffee shop and in every boardroom of corporate America. The weakness in the US dollar (USD)… Read More
Category: Markets
Every stream of media has covered and analyzed the economic turmoil that the globe has experienced over the past twelve months. I have heard more and more that people believe that agriculture is immune to any downturn in the economy. Is there such a thing? Is it possible that agriculture is one of the special… Read More
The US dairy industry is really struggling to survive. Milk prices are depreciated which is causing significant financial hardship. In Canada, this seems to a bit of a foreign concept considering that Canadian dairies are supply managed. The current situation will definitely provide argument from the US to file to WTO and will entice Canadian… Read More
The following is the official press release from AFSC on the Cattle Price Insurance Program CPIP. This truly is a revolutionary program that will allow Albertan cattle feeders to hedge some risk. I have not fully investigated the nuts and bolts of the program but I think on the surface it is a great step… Read More
In talking to Glen Hodgson of the Conference Board of Canada at the International Livestock Congress, I felt somewhat better about the economy and the outlook through the next 12 months. Glen is the Chief Economist with the Conference Board of Canada which is Canada’s largest think tank. In this video, Glen comments on the global recession,… Read More
On Monday afternoon I had the opportunity to sit down with Jon Driedger, a market analyst with FarmLink Marketing Solutions in Winnipeg. A day before the Canadian StatsCan acreage Report was released, Jon provided great insight into the dynamics facing the grains, oilseeds and pulse markets this summer and fall in North America. A special… Read More
I just listened to Bill Lapp, an economist with Advanced Economic Solutions speak about the outlook for commodities in Edmonton. Lapp was very interesting, candid and provided great insight into the commodity market. The key points that Lapp focused on were: Brazil, Russia, India and China have led the world growth over the last 10… Read More
Fertilizer prices have been on the minds of farmers all winter and that trend still continues into the spring. Almost every single day on RealAgriculture.com the fertilizer label or a fertilizer story is the most viewed page. I checked out Google Trends and the data on the search for the word fertilizer. You can type… Read More
This is part two of my interview with Jay Bradshaw from Syngenta Canada. In this interview Jay discusses Syngenta’s strategy in Canada and how the decreasing amount of farmers is changing Canadian agriculture. Jay also talks about commodity prices over the last two years and what he thinks farmers can expect in the future.
Today, President Obama visits Canada and sits down with Prime Minister Harper. Currently, the Democrats are using the poor economy as an excuse to push their protectionist agenda forward. Canada and Mexico need to be very aware of what is transpiring and how it will affect agriculture in the future. Please do not think that… Read More