Category: Markets

Corn + Supply + Demand = High Urea Prices

As we head closer into the Western Canadian spring we have always seen a premium in fertilizer prices.  Typically, local supply demand fundamentals become the key driver of price and international markets fall more to the side.  The historical premium in the market that is created is based on the fact that local fertilizer manufacturers… Read more »

Corn School – Bullish or Bearish Corn Prices in 2012?

The story for corn in 2012 is going to depend on a number of things. Numbers are first and foremost the determining factor in this story. How much demand will there be globally? How many acres are going to be planted? How much good seed is available to be planted? What will the yields look… Read more »

Soybean School – Will Soybean Prices Return to the 2008 Highs?

It looks as though the basics of supply and demand are at work in a dramatic way in the soybean market to the point where soybeans could return to the highs of 2008. China is leading the charge on the demand side both from the consumer and the livestock end with growth in global demand… Read more »

Wheat School: John DePutter – Wheat Marketing Strategies In a Volatile Environment

Market turmoil has always been something that producers have had to deal with, but increasingly, one of the only characteristics of the markets you count on is the instability of the markets. As analyst John DePutter put it, ” Volatility is a fact of life in the markets.” Those ups and downs have become more… Read more »

The Global Economy’s Impact on Canadian Agriculture – Glen Hodgson

The continuing saga of the financial crisis in Europe and in particular Greece is leaving a lot of analysts on the edge of their seats. The latest development being the 170 billion dollar Greek bailout deal presented Tuesday. The failure of that deal could have far-reaching implications. But just how much could Europe’s problems spill… Read more »

Greg Kostal – 2012 Canola Market – Demand Bullish & Price Negative

Canola overall had a great year in 2011. Prices climbed to strong highs, demand was steady and acres were up in Western Canada. So where do we go from here? Does the price of canola continue to climb? Does profitability put us in a position where we are over stocked? Do other oils start to push… Read more »

Cropweek 2012 – Brian Clancey on the 2012 Lentil Market Outlook

Lentil acres in Western Canada are projected to be down this year by as much as 25%. This according to Brian Clancey of Stat Publishing comes as a result of poor prices and a poor quality crop of off-grade lentils last year. Farmers are being challenged in their commitment to lentils.  The income potential of… Read more »

USDA WASDE Report is Very Bearish

Moe Agostino, from Farms.com Risk Management reports on yesterday’s USDA report which has really thrown the corn and soybean market into a bearish tailspin.  the market was somewhat surprised by the numbers but the reality is that ending stocks in corn, wheat and soybeans is not good if you are looking for higher prices. As… Read more »

Gary Pike is Uber Bullish on Ag Commodities

The global economic instability of the last year has no doubt rattled investors and left them looking for any kind of a stable place to invest. One of those places has been agriculture. The growing population and the need to feed them has raised the value of the agricultural industry as a whole. The bottom… Read more »

So Long to 2011 and Defining What Really Matters in Life

As things have slowed down for us over the holidays, it has given time for me to reflect on the year that was. I can’t remember a time of more trying and yet exciting times. From weather to politics, there was something for everyone to talk about. Here is my list of the good and… Read more »

Canola School: What’s Right? Charts or Fundamentals?

          Are you having trouble looking down the line at the canola markets? You’re not alone. There are a number of sources sending mixed signals to producers. On one hand when we look at the charts, we see that the January-March futures indicate a strong sell (according to Barchart). On the… Read more »

Beef Market Update: AB & SK Cattle on Feed Report and Trade InBalance

The Alberta & Saskatchewan Cattle on Feed report came out last week and a number of over arching themes emerged. The small herd numbers are evident when we take a look at feed yard placement numbers and heifer retention. The strong calf prices seem to be driving that heifer retention as ranchers consider replentishing the… Read more »

Beef Market Update: October Brings Opportunity for Ranchers and Feedyards

Expect the unexpected is one of those phrases we’ve been trained to associate with something negative. In the reality of this global economic situation, that is understandable. Sometimes however, we get an unexpected silver lining type situation. The story surrounding our Canadian dollar and our cattle exports is one of those. A weaker dollar,(even if… Read more »

Corn School : The Variables of the Fall 2011 Corn Market – Moe Agostino, Farms.com

What will the corn market look like as we head into harvest? What are those key factors that will affect the market between now and Christmas? Weather is one of those elements always in play as temperatures threaten to impact quality in areas of the U.S.. Demand is another factor keeping analysts on their toes… Read more »

Soybeans Have Been Very Bullish….Can It Continue?

The bull train is alive and well in soybeans right now. Just look above at the November future for soybeans and you can see quite clearly that the market likes this commodity right now. Whether its hedgers or speculators, no one can argue that the rise has been on the steep incline. For some people… Read more »