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
The price of corn is something that’s weighing heavy on the minds of producers right now. Not producers only, but everyone affected either directly or indirectly with the crop is wondering where corn will top out and where it’s headed as we look to 2013. In this episode of the Corn School, Moe Agostino of… 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
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 story for corn in 2012 is going to depend on a number of things. Numbers are first and foremost the determining factor in this story. How much demand will there be globally? How many acres are going to be planted? How much good seed is available to be planted? What will the yields look… Read More
It looks as though the basics of supply and demand are at work in a dramatic way in the soybean market to the point where soybeans could return to the highs of 2008. China is leading the charge on the demand side both from the consumer and the livestock end with growth in global demand… Read More
Moe Agostino, from Farms.com Risk Management reports on yesterday’s USDA report which has really thrown the corn and soybean market into a bearish tailspin. the market was somewhat surprised by the numbers but the reality is that ending stocks in corn, wheat and soybeans is not good if you are looking for higher prices. As… Read More
Corn has dropped over 200 dollars a tonne in futures markets since August. The argument taking place now is whether we are correcting a hot market or just starting the slippery bear slide. A number of different factors come into play with either argument. One argument states that supplies are still tight and demand is… Read More
What will the corn market look like as we head into harvest? What are those key factors that will affect the market between now and Christmas? Weather is one of those elements always in play as temperatures threaten to impact quality in areas of the U.S.. Demand is another factor keeping analysts on their toes… Read More
The bull train is alive and well in soybeans right now. Just look above at the November future for soybeans and you can see quite clearly that the market likes this commodity right now. Whether its hedgers or speculators, no one can argue that the rise has been on the steep incline. For some people… Read More
Agricultural commodities had a great run in 2010. One has to wonder though if there is any opportunity for things to reverse downward just like it did two years ago as we hit July. Some people like Ron Frost believe that we may have reached a new price plateau. Other market analysts like Moe Agostino… Read More
One of the good news items this fall has been the soybean story. Yields in Ontario this fall were outstanding, reaching record highs in some areas of the province while at the same time off combine prices reached seasonal highs. Demand is strong for soybeans from countries like China. Already everyone is speculating on the… 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
I have been thumbing through the Ontario Farmer lately and it continues to strike me that there seems to be a lack of contentious issue in Ontario this year. Are the crops to good? Is the newly created GFO doing the perfect job? Are farmers making so much money they cannot stand the pains of… Read More