While Chicago wheat futures trended lower, spring wheat contracts on the Minneapolis Grain Exchange rose sharply this past week on concerns about the supply of higher quality, high protein wheat. The September contract closed on Friday at US$5.87/bu — the highest it’s been since the middle of June 2016. There are three primary factors, explains Neil… Read More
Search Results for: farm progress show
Grain markets pushed through the middle of May with a little more volatility under its belt as weather conditions and geopolitical risk in Washington, D.C. and Brazil have created some additional uncertainty. The Canadian loonie gained 1.45% for the week, which should’ve pushed canola lower, but it traded sideways as delayed seeding conditions countered the… Read More
Today’s one of those days when it’s impossible to cover everything that’s happening in a 60-minute radio show/podcast, but we’re giving it a shot. On today’s episode, Shaun and Kelvin discuss the latest Chrystia Freeland-Wilbur Ross meeting ahead of NAFTA renegotiation, the new rail legislation introduced this morning by Transport Minister Marc Garneau, and the… Read More
Grain markets pushed through the second week of May with a little more volatility, but not from weather effects, rather, new data. However, the markets ended the week mostly lower as corn was the only winner, up 0.15% since last Friday thanks to ethanol gaining 1% & the usual planting premium. Conversely, soybeans lost 1%… Read More
It’s Friday and that means we have a RealAg Roundtable set up on today’s show. Shaun Haney and Kelvin Heppner discuss some new details in Bayer’s reported agreement to sell its LibertyLink business to meet competition approvals, the confirmation of Robert Lighthizer and what that means for NAFTA renegotiation and Canada’s appointee to head up… Read More
Wednesday’s show includes discussion about the USDA’s May crop report, highlights from the newly-released 2016 Census of Ag results, planting progress, CBC’s story on a University of Saskatchewan professor, and some U.S. politics. Guests include John Phipps of the U.S. Farm Report (above), Ontario crop economist Matthew Pot and Jim Wood of Rocky Mountain Equipment…. Read More
On Tuesday’s show, Shaun and Kelvin discuss the sale of Bayer’s Liberty business, planting progress, a report showing a TPP deal minus the U.S. still benefits the other 11 countries, and whether NHL concussion spotters should have pulled Sydney Crosby from game 6 against Washington. Guests include Kevin Auch, chair of the Alberta Wheat Commission, on the… Read More
Grain markets saw a wild ride to start the month of May as the week started out with big concerns about weather before cooler heads prevailed and bullish gains made earlier in the week were reined in. Oats were the big winner, up 8% since last Friday on the futures board on planting delays. Canola… Read More
Grain markets ended the month of April on generally jovial terms as weather concerns (AKA premiums) are playing to the minds of the bullish speculators. For the week, oats was the biggest performer, up 5.3%, followed by Chicago’s soft red wheat market, gaining 2.55%. Corn gained 0.5% on planting concerns while soybeans fell 0.55% on the… Read More
Dairy producers from across Canada and around the world helped the Canadian Dairy XPO (CDX) establish a record attendance earlier this month. Overall, attendance at the Stratford, Ont., dairy industry trade show surpassed 16,000, breaking the attendance record of 14,900, set last year. Those are huge numbers considering there are about 15,000 dairy farms in… Read More
Sitting in the Northern Exposure presentation at the Southwest Agricultural Conference, I watched with fascination as a room full of southern Ontario farmers were captivated by Prairie agriculture. How’s that, you ask? Well, farming in Ontario’s “north” is far more similar to farming in Manitoba than the rest of the growing region of Ontario, and this Prairie… Read More
I’m a big advocate of democracy. I defend the free press globally, especially the agricultural free press, and people’s right to say what they want, as long as they don’t misuse it by slandering or scurrilously pursuing others. But when I see Donald Trump supporters flaunting slogans like Rope. Tree. Journalist. Some assembly required, as… Read More
With the election of Donald Trump this week, Canadians have reacted with comments falling into predictable camps. Like all people in society, Trudeau and Trump both have strengths and weaknesses and our view of their characteristics can follow party lines. Liberals brag that Canada has a “decent,” compassionate leader that believes in climate change, equality, immigration,… Read More
Grain markets continued their march higher towards the end of October, with nothing spooking the funds from continuing to push the complex up. For the week, soybeans and corn each pushed above their 100-day moving averages but ended up only gaining 2% and 0.75% respectively for the week. Wheat was the loser for the week,… Read More
Harvest has ground to a halt in much of Western Canada due to rain and snow. Other than the date, you could easily mistake today’s crop update from Saskatchewan’s Ministry of Agriculture with the report from last week, as the overall harvest progress number was left unchanged at 81 percent. (And that’s versus 80 percent complete two weeks ago.)… Read More