Grain markets ended the month of July in the red, albeit, from a monthly performance standpoint, it wasn’t all bad news bears. Chicago wheat prices gained nearly 40 cents, or 8%, while canola and soybean prices both improved by about 2.5%. However, while corn prices lost about a quarter, or 7.5%, in the month of… Read More
Grain markets were able to squeak out some gains this week, but corn prices were the obvious worst performer as the size of the impending harvest becomes better known. Wheat prices were able to earn a few pennies, thanks to hot weather concerns in North America and Argentina, while soybeans were supported by Chinese buying… Read More
This post first appeared on Dr. Frank Mitloehner’s blog and is re-posted with permission. Hold the pickle, hold the lettuce, hold the methane? A new communication campaign from Burger King is promising beef that comes from cows that are 33 percent less gassy on average, allowing the international fast-food chain’s consumers to have it their way without… Read More
After a two-week hiatus, I’m back with the weekly recap and this week, grain markets ended things mixed. Wheat prices were weighing weather and production downgrades, while corn and soybean prices remain concerned about demand, albeit these two did climb on Friday. For these 2 crops, China is certainly buying but it doesn’t seem like… Read More
By now you’ve heard of the Prime Minister’s latest scandal, this time over his family’s involvement and government support of the WE Charity. It’s the third ethics probe/scandal that this prime minister has been involved in — and this latest gaffe makes me think about kid’s sports. Have your kids played a sport where it… Read More
By Ghislain Gervais, president of Sollio Cooperative Group During the lockdown, Canadians showed a renewed interest in Canadian agricultural products. This increased consumer enthusiasm for their agri-food sector provides an opportunity to reinvest in agriculture and food processing. Everywhere, thousands of jobs have been suspended or lost across many sectors. The gradual resumption of economic… Read More
While U.S. President Trump and Mexican President Obrador were meeting in Washington D.C. to celebrate the United States-Mexico-Canada Agreement, Prime Minister Trudeau was in Ottawa defending his government’s mid-year fiscal update. It is no surprise that the numbers are not pretty, as the Liberals have attempted to rescue the economy with major support payments, just… Read More
Grain markets took a pretty serious tumble to end the last full week of trading in June as beneficial rains fell, or are forecasted to fall on the large majority of North American growing regions. Thanks to said precipitation, the bearish players pushed corn and soybeans to fall every single trading session this past week,… Read More
Grain markets ended this past week rather mixed as demand and weather are supporting some crops, but not others. Winter wheat prices continues to pressured by harvest accelerating, while spring wheat and canola found strength on some technical factors and dryness in Western Canada. Despite some favourable long-term temperature & rainfall forecasts for most of… Read More
Father’s Day for many farm families involves a BBQ, gifts, maybe some golf, and likely some farm work if the weather is right for spraying. Like mothers, fathers play an integral role in the family farm business. For any family business there are smooth days, rocky ones and outright turbulent days that test the ties… Read More
Is a profitable farm the most successful farm? Or is it the largest land base, the one with the newest equipment? Or is it the one whose operator takes a vacation every year or has the lowest debt? Earlier this week, we talked to Dr. Greg Ibendahl, of Kansas State University, and we talked about… Read More
Grain markets closed mixed this past week as demand interest from China supported soybeans (and canola followed) while all other crop prices fell on expectations of bigger crops. In the June WASDE report, released on Thursday, the USDA showed the market weaker ethanol demand and a bigger U.S. winter wheat harvest. Supporting grain markets before… Read More
Grain markets ended the week mixed as a stronger U.S. Dollar led to some profit-taking on Friday, somewhat capping the substantial gains made in soybean prices. Conversely, wheat prices were set to close positive for the week but Friday’s strength in the U.S. Dollar, profit-taking, and increasing winter wheat harvest activity turned the complex red…. Read More
In the context of what’s going on in the world today, I have to say this is an absolutely tiny problem. But it’s also a problem that everyone involved would like to have fixed, and it’s fairly easy to do something about it. So here goes: To start, this involves chickens, and news stories that… Read More
Grain markets saw a bit of a sell-off on the last Friday of May with mostly lower as the traders booked profits before the end of the month amidst growing uncertainty in U.S.-China trade relations. This week, China moved with a heavy hand to take full control of Hong Kong, the city-state given up by… Read More