It was strong demand for oilseed that resulted in a record number of acres of canola being planted in Western Canada this spring. Unfortunately, that record number of acres didn’t translate into a record crop. Weather, disease and other factors gave the Western Canadian canola crop a solid beating this year. The result, as Moe… Read More
If supply and demand is a big part of how ag commodities are priced, it’s understandable why there is some head scratching surrounding the high price of wheat. From the outside it would appear as though there is a lot of wheat around, but as Moe Agostino of Farms.com Risk Management explains it’s not necessarily… Read More
As the soybean harvest kicks off in Ontario, farmers are enjoying high prices, but the question is always, for how long? We caught up with Farms.com’s Moe Agostino at Canada’s Outdoor Farm Show last week hot on the heels of the USDA report. His call? We’re at the top of the soybean market, and next… Read More
As important as the domestic beef market is, the success of Canada’s beef industry depends on exports. That means a continued focus on growing current export markets and looking elsewhere for new opportunities to market our beef. It’s those relationships that will be responsible for growing the industry. SEE MORE ILC 2012 COVERAGE. Robert Meijer… Read More
Am I the only one left scratching my head over the newly minted CWB offering canola pools? Voluntary pooling is all good, if that’s what you’re in to, but I thought a very recent survey asking farmers if they’d be interested in a canola pool went over like a lead balloon. Apparently not, according to… Read More
Why is it that this topic of global economic recovery will not go away. What is taking so long for the global economy to start roaring again. It was a much more fun time Glen Hodgson, Conference Board of Canada provided RealAgriculture.com with his analysis of the Canadian and global economy. Glen breaks down the economy based on… Read More
I was combing through my Twitter feed last night and thought that it felt a little like Y2K — would the stroke of midnight bring certain doom as many monopoly supporters would have had us believe or would the sun rise, just like any other day? Of course, today — the first day of the… Read More
Decisive Farming Fertilizer Market Update Seem familiar? Corn + Supply + Demand = High Urea Prices Key take away: Sell part of 2013 crops and buy 2013 fertilizer/fuel to lock in likely the largest farm margins in history. The fertilizer market is being driven by extremely high crop commodity prices for corn, soybeans, canola, and… Read More
Mobile technology has changed the way people do business. As long as you have a signal, you have access to all information from anywhere you can carry your phone or your tablet. Mobile Apps have further simplified that information gathering process. For farmers looking for pricing information, that’s a breath of fresh air. SEE MORE FARM… Read More
The StatsCan June 2012 Acreage report was released yesterday and the surprises were limited but instead firmer confirmation of the 2012 seeding choices of farmers. Lentils were higher than expected, canola acres are above 20 million acres and barley has sprung back to higher levels than two years ago. Jon Driedger. FarmLink Marketing Solutions talked with… Read More
Commodities markets are a very complex ecosystem. On the surface it may seem as simple as supply and demand affecting pricing on any given commodity. That is true, but underneath is a very complex web that ties a number of different commodities together. When it comes to effectively predicting which way prices are going to… Read More
Risk management is the new reality of every feed yard owner and livestock producer. Forward buying your feed barley or corn can really pay off in a rising market. Its just too bad that it is so difficult to try and decipher which direction this market is heading in the next 120 days. At Canada’s… Read More
The Viterra – CWB announcement today at Canada’s Farm Progress Show has definitely grabbed the attention of farmers. I was fortunate to run into Brenda Tjaden Lepp, Farmlink Marketing Solutions at the show. Brenda attended the CWB press conference and had some strong feeling about the benefits of the announcement and the state of the… Read More
The Canadian Wheat Board has announced that they have signed a grain handling agreement with Viterra staring August 1, 2012. The agreement will be a compliment to the Cargill agreement that was reached previously. The CWB – Viterra agreement will also provide the CWB with access at the port. Since the CWB does not… Read More
The global economy continues to be quite tentative. The situation with Greece and the implications for the eurozone as well as the slow recoveries in North American markets and elsewhere have investors walking on eggshells. Agriculture doesn’t seem to be exempt from that vulnerability either. Markets have been quite volatile, with commodity prices bouncing up… Read More