Category: Markets

Ask FarmLink: How do Analysts Come up with Opinions on Market Direction?

Whether you do your own digging, subscribe to several news outlets or employ an analyst, making decisions about price direction requires a significant investment of time and effort. For many farmers, marketing and following the markets is an enjoyable part of their job. For others, it’s not how they’d like to spend their time or… Read more »

Ask FarmLink – Navigating the Learning Curve of Wheat Hedging

The new marketing environment around wheat in Western Canada offers producers a much greater level of involvement than they’ve ever had when it comes to managing price risk. Should producers choose to step out of the contract environment provided by their local grain companies and buyers and go directly to the futures and options market… Read more »

USDA Report Hammers the Commodity Markets – Chuck Penner

If you cannot see the above embedded audio player, CLICK HERE According to Chuck Penner, LeftField Commodity Research, everyone was waiting for the USDA planting intention report with baited breathe but what shocked (or maybe not) the market was the stocks report. Farmers holding onto old crop crop corn and wheat without unhedged are feeling… Read more »

USDA Report Bearish Corn, Lends Price Support to Smaller Crop Types

A near-record number of intended corn acres estimated today by the USDA’s planting intentions report has pressured corn markets limit-down for the day. Hear what Chuck Penner Thinks About the USDA Stocks Report Today The report pegs estimated acres at 97.3 million acres, a total eclipsed only by a mid-1930s planting. SEE MARKET PRICES HERE…. Read more »

Beef Market Update – Feb US Cattle on Feed Placement Down 14% in Comparison to Last Year

If you cannot see the above embedded audio player, click here With growing speculation that feedyards in the US and Canada would be attempting to contain losses by limiting the amount of cattle they fed, the February placement number in the USDA Cattle on Feed Report confirmed it. The March 22, 2013 USDA Cattle on Feed report… Read more »

Ask FarmLink: Is the U.S. Drought Over? How Late Will Seeding Be?

How’s the weather where you are? It’s a common question because, even though there’s not one thing we can do about it, it’s a topic of endless fascination for many and especially farmers. Weather risks and events work themselves into the market conversations as well, as no one can control the weather, and ultimately it’s… Read more »

Ask FarmLink: Canola Hedging — Why and When

Farmers do an amazing job of keeping current on the latest agronomy findings, and many are keen to work on new and improved practices each year. But not everyone loves biology — some prefer the business side of farming and enjoy the time spent analyzing markets and setting up a hedging strategy. Each crop type… Read more »

Weighing the Pulse Markets ahead of Seeding

As farmers scratch out last minute changes to seeding plans, economic factors always weigh in. Pulses, like red and green lentils or peas, all have the advantage of nitrogen fixation, making them an attractive crop rotation choice. But pulses are also smaller acreage crops and the marketing dynamics of each crop type can cause some… Read more »

Can Flax Make a Comeback in 2013?

It sure is pretty when it flowers and the health benefits of the seed is hard to match, but growing flax can be a tough slog for farmers. It’s not terribly competitive, markets are volatile and the resulting straw is more of a waste product than second income due to limited options in the west…. Read more »

Get Past High Protein — Why Smaller Classes of Wheat Deserve Attention

The transition from the closed to open wheat and barley market has gone very smoothly, of that most will agree. Sales have gone through, prices have been strong and the hiccups have been relatively minor. Earlier this week, several market analysts, grain buyers and farmers converged on downtown Winnipeg for Wild Oats Grainworld, a conference… Read more »

Ask FarmLink: Why Don’t More Farmers Use Futures Brokers?

Whenever someone mentions risk management in grain marketing, someone also mentions futures, options, puts, calls and, eventually, most people’s eyes glaze over. Anyone who has done a marketing course has also run through a hedging example or five in their education only to find that these tidy examples involving one crop rarely mirror real life…. Read more »

Ian White talks Pricing Options With the New CWB

It’s been nearly seven months since the Canadian Wheat Board became CWB — a pooling-focused wheat, barley and even canola marketing company operating in an open market. High cash prices since last fall had some expecting the pooling option wouldn’t be very popular, but as Ian White, CEO of CWB explains CWB isn’t just about… Read more »

Chuck Penner – Post CWB Monopoly Impacts on the Market

The world almost ended twice in 2012.  Farmers had to beware of the Mayan calendar but also earlier in the year the CWB officially lost it’s monopoly on the sale of wheat in Canada. Some people predicted armageddon, while others believed that the benefits were huge.  Chuck Penner, LeftField Commodity Research talked to me on… Read more »

Marlene Boersch – Pulse Production in the Black Sea Region

Western Canada is the leader in pulse production but there is some discussion regarding the potential of the Black Sea region to put a dent in Canadian exports. This week I was on the Saskatchewan Pulse Growers Regional meeting tour and I heard a very interesting presentation from Marlene Boersch, Mercantile Consulting Venture on the… Read more »

Ceres Global Ag Invests in a New Rail Export Option for Western Canadian Farmers

Today is potentially a very big day for Western Canadian farmers and the petroleum industry. Ceres Global Ag Corp will be investing heavily in new rail infrastructure to connect Canadian farmers directly to the Texas Gulf and Mexico. A Canadian grain expert (who requested to be kept confidential)  quickly told RealAgriculture.com that, “this would of never… Read more »