There’s plenty of uncertainty in 2023 grain markets. The potential for big corn and soybean acres combined with weak economic performance could push prices lower as the year unfolds. But there’s still plenty of profit opportunity, says AgMarket.Net co-founder Jim McCormick. He shared his take on the markets while participating in a market panel at… Read More
Tag: Jim McCormick
Thanks for tuning in to this Wednesday edition of RealAg Radio! On today’s show, guest host Lyndsey Smith is joined by Tyler McCann of the Canadian Agri-Food Policy Institute (CAPI), and Kelvin Heppner of RealAgriculture to discuss Episode 2 of the Ag Policy Connection podcast focused on CETA. We will also hear from Neil Townsend,… Read More
Wheat and corn prices for the near and medium term are all about supply. The trouble is, there is plenty of wheat in Russia, but there are few countries who want to be seen buying Russian wheat. What’s more, the uneasy trade corridor accord between Ukraine, Turkey, and Russia is providing very little assurance to… Read More
Hello November! Thanks for tuning in to this Tuesday edition of RealAg Radio brought to you by The Disruptors, an RBC podcast. Your host, Shaun Haney is back and is joined by Jim McCormick with AgMarket.net to discuss the markets and what is happening with the geopolitical and global commodity complex, China and their zero-COVID… Read More
We’ve discussed before how there will likely be whole research projects centred on the 2022 December corn futures contract. The contract has finally settled in to a range, but that has analysts and farmers alike wondering what it will take to crack this crop to the up — or down — side. To tackle that… Read More
As the commodity markets continue to hinge on the outcomes of several global factors, the glass-half-full approach is honing in on corn and what looks to be an upswing, as we look at the December charts. Slow and steady may win the corn race with consultants staying optimistic that a rebound is on the horizon…. Read More
Thanks for tuning into this Wednesday edition of RealAg Radio, brought to you by MNP. Today we will hear from the following guests: JP Gervais with Farm Credit Canada on the Bank of Canada announcing another 75 basis-point rate hike this morning, and general economic direction; Jim McCormick, co-founder of AgMarket.net on market fundamentals with… Read More
It’s a global game of chess and it’s Russia’s move. With ongoing talks of Russia allowing wheat exports to come out of Ukraine, which could mean 50 to 60 million metric tonnes of wheat, those market values have experienced a slight decline over the recent past; however some experts are saying it’s not likely long-lived… Read More
Welcome to the start of another month! We’ve got a great lineup for you on RealAg Radio. You’ll hear: Jim McCormick of AgMarket.Net with an update on the markets; Kelcy Elford of the Saskatchewan Stock Growers Association, on their upcoming AGM; Lisa Ashton of the Canadian Agri-Food Policy Institute on a new report CAPI released;… Read More