When I was at CropWeek last January lentils were all the rage for farmers. With high prices and increasing acres many people, including myself thought the best thing to do was to forward sell 2010 crop at low 20’s to protect against a bearish market. Throw in a poor spring, a wet harvest and resulting… Read More

The question of how bullish is corn is really all the talk right now in coffee shops across the US and Canada.  Producers and the industry are focused on this crop staple and what it is going to do through the winter.  Will we see $6.00 corn shortly or is this just a short blip… Read More

Just when you think the wheat market is stable and that the supply and demand equation is fully priced in the market……BOOM!!!!!! Russia and some neighbouring countries decide to have a drought and WALLA!!!……The market have decided to go 2007 on us again. Who can stomach this volatility and craziness? Is this real or just… Read More

Our family seed business, Haney Farms, held two plot tours this week which really gave me an opportunity to talk to a great cross section of farmers.  One of the concerns that always comes up is the discussion about rising interest rates. Canadian farms are significantly levered even in comparison to our US neighbours. With… Read More

It is amazing how a lack of volatility in today’s feed grain markets almost makes a person nervous. Feeders and farmers don’t seem believe that the corn and barley markets can actually sit still and hold a broad trading range. It really is unbelievable how we have moved from an industry that expected feed prices… Read More

As I mentioned two weeks ago, 2010 is the year of indecision and that continues. On Wednesday the USDA released its 2010 acreage forecast and ending stock report.  It is hard to not hear the reports and think that there is a bit of a bearish tone to the all the commodities involved.  For example wheat… Read More