Grain markets were mostly able to squeak some gains this week despite limited news, other than it looked like there would soon be an end to the U.S. government shutdown. However, pessimism in getting a deal to end the trade war between China and the U.S. kept gains in check, and actually kept corn prices… Read More
Chances are, if you like the look of old crop oat prices your neighbours do, too. And while the human consumption oat market is steady to increasing, Lorne Boundy, with Paterson Grain, cautions against counting on that to keep prices where they are. With old crop prices taking off and sitting around $4/bu in southern… Read More
Although the wheat market is often considered a stagnant one, it is in fact growing, says Marlene Boersch, owner of Mercantile Consulting Ventures. The market only seems stagnant because supplies have been growing as fast as demand. This may be changing, however, as Russia’s — one of the world’s largest wheat exporters — upward trend in production may… Read More
With so much uncertainty in the major soybean markets, canola prices continue their sideways movement, largely because the big trading funds are simply staying out of the market for now. Even if the U.S. and China resolve their trade issues, will we see a big uptick in the canola market? That remains to be seen,… Read More
Grain markets performed well on Friday, January 18th, to help them recover some losses from earlier in the week. Oats, corn, soybeans, and canola all made positive gains compared to the previous Friday, while wheat prices ultimately closed 0.5% lower for the week, despite gaining a few cents this Friday. Ultimately, grain prices continue to… Read More
How quickly the weather can turn, as just the beginning of this week the winter weather in Saskatchewan was mild — but by the end of the week, Anne Wasko, of the Gateway Livestock Exchange, was bundled up battling the deep freeze at the Saskatchewan Beef Industry Conference held in Regina. That’s where we kick off… Read More
When the RealAgriculture team attends major events, such as Crop Week in Saskatoon, we like to get together and compare some notes on the event. Sometimes we do a wrap up, and sometimes we make lists, because who doesn’t like a good list? This week Shaun, Jessika, and Dale were all in Saskatoon to take… Read More
Price fluctuations, higher input costs, and weather-related challenges over the past year took a toll on Canadian net cash income in 2018, and that lower to flat income is projected to continue into 2019, says agriculture economist J.P. Gervais. The chief agricultural economist for Farm Credit Canada says that, even so, the overall the long-term… Read More
Grain markets are mixed as we start the first full week of the 2019 calendar year of trading with trade negotiations between the U.S. and China wrapping up, all while the U.S. government shutdown remains. This meant there was no WASDE report released on Friday — the day it was supposed to be . In… 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
Happy New Year! I hope you find this first post of 2019, rested, yet filled with memories from the holiday season. For some of you, including yours truly, might be weighing in a little heavier after some big family meals — one could say that this always happens. That repeatability continues on to the New Year’s… Read More
2018 was a difficult year for soybean markets. The U.S.-China trade war triggered a $2.00-$2.50 per bushel reduction in the futures market and neither side appears willing to relent in their sanction tug-of-war. In RealAgriculture’s final Soybean School episode of the 2018 season, we asked ag economist, market commentator, and farmer Philip Shaw for his take… Read More
To wrap up the year, RealAg Radio host Shaun Haney and Anne Wasko, of Gateway Livestock Exchange, take a look at the beef markets for the last time in 2018. It’s still a push to get to live cattle to get to $120/cwt by the end of the year says Wasko, adding that just last… Read More
As we head into the last full week of the 2018 calendar year, grain markets held a bit of a weaker tone. This past week, no crops on the futures boards were able to make any positive gains despite some positive export activity being noted by the USDA, especially from China! Put another way, grain… Read More
What can corn growers expect from the markets in 2019? In Ontario, will sufficient markets be found for high DON corn? After three years of sideways trade, will world markets finally break the mold and push corn higher? On this edition of RealAgriculture’s Corn School, host Bernard Tobin travels to the ‘Agridome’ at Dresden, Ontario… Read More