This week held no big surprises in the beef markets. While markets were lower last week, Anne Wasko of Gateway Livestock Exchange surmised that would continue into this week and confirmed that it has. The dressed market in the U.S. is down and the wholesale market is under pressure as well; however, showing signs of... Read More
Category: Markets
The fertilizer market doesn't move in lock-step with the grain markets — both the peak demand and trends work on their own timelines. Which is too bad, of course, when commodity prices drop but fertilizer prices don't follow suit. Both the fertilizer and commodity markets are, however, working through uncertainty and trade disruption created by... Read More
A fertilizer market free from tariffs is vitally important for U.S. growers, the nation's food security and the fertilizer industry. That's the message The Fertilizer Institute's Leanna Nigon says her organization, which advocates on behalf of the industry, has been working diligently to deliver to the Trump administration as it tries to head off potential... Read More
If there's one thing that's predictable in the current grain markets, it's unpredictability. While farmers are not complaining about a trend reversal in the corn market to the upside, the uncertainty of what's at play in the market does create some stress. To unpack what's happened and what to watch for in the coming days... Read More
Markets in the United States faltered this week. While prices hit a high two weeks ago, this week they settled $7–$8 lower than last week. Unsurprisingly for the time of year, packers have cut kills this week, but that wasn’t enough to support the choice cutout, which dropped $6.50. While the U.S. experienced reduced prices,... Read More
Commodity markets have been digesting a tidal wave of What if? questions: What if China is buying? What if Trump imposes tariffs? What if acreage falls? What if China isn't buying? Ed Broshinski, market analyst with Cargill MarketSense, says that managed money has been working its way through these scenarios, and that canola, specifically may... Read More
Kent Bacus, executive director, government affairs for the National Cattlemen's Beef Association, hasn't had a dull moment in the last few weeks. He's not had much sleep either. That's not surprising, as any time there is a change in government leadership, his department is going to be busy. Add in a change from a Democrat... Read More
Volatility is always part of agriculture, but the ups and downs of the industry have never been more apparent than what farmers have experienced in recent years. From the impacts of a global pandemic to historic rises and falls in income, farmers are used to the roller-coaster ride; and there's more uncertainty ahead as Trump... Read More
A strong cattle market depends on many factors, all of which play a role in ensuring producers’ long-term success. While beef demand in the United States is the highest it has been in the last 40 years, and retail prices have risen 4.6 per cent annually over the last 25 years, producers still face a... Read More
The U.S. and Canadian cow-herds are both at record lows, at a time when cattle prices are reaching record highs. The market signal to build the herd is there; however, the reality of realizing strong income selling at these prices and several years of drought means ranchers have been in sell mode, not build. That... Read More