The United States Department of Agriculture (USDA) is out with its monthly World Agricultural Supply and Demand Estimates (WASDE) report. Pre-report, many were questioning to what extent the war in Ukraine, which has driven markets higher over the last two weeks, would be accounted for. The USDA has made some adjustments — albeit minor —… Read More
When crop prices are favourable, it can seem that any pricing strategy works. That said, the higher prices are, the more inherent risk there is in leaving crop unpriced. There’s plenty of volatility in the world right now, with no end in sight, and that makes the risk management strategy all the more important. Which… Read More
As the situation continues to unravel in Ukraine, many in the agricultural industry are following the markets, and trying to get a handle on the impacts. This week’s Beef Market Update is no different. Anne Wasko of the Gateway Livestock Exchange says we have often talked about uncertainty and volatility in the last few years… Read More
It’s been a wild ride for the commodity markets in light of what’s happening with Russia’s invasion of Ukraine. Chuck Penner of Leftfield Commodities Research joined RealAg Radio on Wednesday to help interpret a bit of what is happening, in what is a very fluid situation. As Penner explains, it’s tough to even talk about… Read More
With strong farm commodity demand and high crop prices, confident farmers attending the National Farm Machinery Show (NFMS) at Louisville, Kentucky in February look to be eager to replace equipment and upgrade technology. In this interview from the floor of the NFMS, Kurt Coffey, Case IH vice president for North America, tells RealAgriculture’s Bernard Tobin that the Association… Read More
This interview was recorded on Wednesday, February 23, the day before Russia invaded Ukraine, an action that has since closed key ports for grain movement and disrupted fertilizer supply chains out of the region. We considered not posting this audio interview because the situation has changed so dramatically; however, much of the discussion is still… Read More
If you’ve been following the markets lately, you’ll have noticed moves in the wheat markets in the past couple of days, driven by geopolitics. But what’s going on with soybeans? Neil Townsend, chief market analyst with FarmLink marketing solutions, joins RealAg Radio host Shaun Haney to discuss the impacts as Russia starts to make moves into… Read More
Each week, we here at RealAgriculture choose a new question to ask in our poll. A few weeks ago, we asked which professional farmers plan to add to the farm in the year ahead. The final tally favoured a business/succession expert, but adding a marketing advisor ranked second. Brain Voth, founder of IntelliFarm Inc., isn’t… Read More
There’s so much going on in the geopolitical scene right now, and all that works its way back in to the markets. The focus right now is squarely on Russia and Ukraine and how the current political situation is impacting markets. Joining RealAg Radio host Shaun Haney to break it down is Arlan Suderman, chief… Read More
This episode of the Beef Market Update comes to you from Houston, Texas, as Anne Wasko of the Gateway Livestock Exchange reviews the events of the past week, down at the National Cattlemen’s Beef Association (NCBA) convention. To start off, Wasko says it was a good week for the U.S. cattlemen to be together, as… Read More
Whether to support or oppose a widely-discussed piece of legislation that aims to increase price transparency in the U.S. cattle market is one of the big topics up for debate at the National Cattlemen’s Beef Association’s annual Cattle Convention taking place at Houston, TX this week. There was a strong turnout for NCBA’s live cattle… Read More
Viterra has announced a multi-billion dollar deal that would significantly expand the grain company’s presence in the U.S. and other parts of the world. The company says it has reached a stock purchase agreement with Japan-based Marubeni Corporation to acquire Gavilon for US$1.125 billion plus working capital. Gavilon is based in Omaha, Nebraska, and has… Read More
2021 won’t be forgotten anytime soon in the cattle world. The January 1, 2022, Cattle on Feed report from CanFax showed a 12 per cent increase in the number of cattle on feed from a year ago, with placements down a bit. As Anne Wasko of the Gateway Livestock Exchange explains in our latest Beef… Read More
Corn imports into Western Canada from the U.S. have risen dramatically following the 2021 drought, but cattle feeders in Alberta say unpredictable shipments are not keeping up with demand. In some cases, feedlots say they are scraping together the last of their feed supplies, and are banking on delayed trains still arriving in time to… Read More
South Korea has announced it will end its almost month-long ban on buying Canadian beef. The ban lasted almost one month, after an atypical case of BSE was reported in a beef cow on an Alberta farm Dec. 17, 2021. South Korea closed its doors to Canadian beef on Dec. 21. This morning, South Korea… Read More
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