Commodity prices this spring has made watching the markets an exciting part of nearly every day, especially for farmers who are anticipating a satisfactory yield and who are biding their time locking in prices. However, with many volatile factors contributing to those prices, experts are saying to weigh options carefully and take assurances where you… Read More

Statistics Canada released its updated acreage estimates for 2021 on Tuesday morning, most of which were in line with expectations. Most notably, StatsCan boosted its canola acreage estimate to 22.48 million acres, up from 21.53 million in its April acreage report. Year-over-year, that’s an 8.2 per cent increase in canola acres, largely driven by strong… Read More

It’s no secret the canola crush plant industry has been expanding in Western Canada, and as the biofuel industry continues its climb, it’s something we will likely continue to see. Brian Voth, founder of IntelliFarm, says that as demand rises across the market — and he’ll argue demand is never a bad thing — it… Read More

If you’ve been watching the feed market, it’s been quite fascinating to say the least. Despite reaching record levels of production of barley in 2020, we are seeing feed barley as high as $6 in Southern Alberta. The numbers we are seeing are in the range of 50 cents higher than malt prices, and feed… Read More

As growers look ahead to seeding, it seems every single cropping option has pricing issues, but there also opportunities to look for. Supply has been a challenge for wheat and corn while soybeans and canola have benefited from strong demand that has assisted in creeping acres higher. READ: 7 Deadly Sins of Grain Marketing Shaun… Read More

Soybeans will be on the verge of matching corn acres in the U.S. this year, according to the USDA’s Prospective Plantings report published Friday. Higher soybean acres has been the consensus in the market for some time, but the department’s soybean acreage estimate of 89.5 million was still well above the average pre-report guess of… Read More

Pope Gregory I probably didn’t foresee his list being used as guidance for grain farmers managing market risk when he defined what became known as the seven cardinal sins in 590 AD. But whether we’re talking morality or grain marketing, these behaviours and habits can be costly. Brian Voth, president of IntelliFarm Inc., presented the “seven… Read More

 

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