Grain and oilseed markets were green across the board on Tuesday after the USDA and Statistics Canada dropped a heavy load of new information into the market. The USDA released updated acreage and stocks estimates while StatsCan shared its acreage projections based on a farmer survey in early June. New crop soybean futures jumped more… Read More
Tag: Jonathan Driedger
Fewer winter wheat acres were planted than what the market thought, but other than that, the first USDA report of the new year, released Monday morning, did not contain any major surprises. “This really was a wave of new numbers for the market to digest, and yet if you look across the whole scope of it, there’s… Read More
Let’s call the March 31st USDA report the kickoff to the new growing season’s marketing year. Yes, markets are continuous and fluid, but this first glimpse of planting intentions for the U.S. is, for some, the first report in a while that really gets interesting. This week, RealAgriculture editor, Lyndsey Smith, is joined by Jon… Read More
If you’re a farmer who didn’t do much forward selling in the last two years, you’ve likely been very happy with the outcome. If you haven’t priced crop for 2013-14 yet, however, it may not end up not having been such a wise plan. Many farmers are harvesting a big crop right now, and, at… Read More
If you’ve been watching U.S. corn and soy acreage estimates closely, Monday’s production and acreage downsizing of the soybean crop may not come as a surprise. In fact, many farmers and analysts were scratching their heads at earlier figures given the poor growing conditions and late start both crops had. Still, when the USDA numbers… Read More
The new marketing environment around wheat in Western Canada offers producers a much greater level of involvement than they’ve ever had when it comes to managing price risk. Should producers choose to step out of the contract environment provided by their local grain companies and buyers and go directly to the futures and options market… Read More
Farmers do an amazing job of keeping current on the latest agronomy findings, and many are keen to work on new and improved practices each year. But not everyone loves biology — some prefer the business side of farming and enjoy the time spent analyzing markets and setting up a hedging strategy. Each crop type… Read More
It sure is pretty when it flowers and the health benefits of the seed is hard to match, but growing flax can be a tough slog for farmers. It’s not terribly competitive, markets are volatile and the resulting straw is more of a waste product than second income due to limited options in the west…. Read More
Last week’s USDA report managed to bring one notable surprise to light. Soybean yields were actually much higher than anticipated. While that may have been a welcome surprise to farmers and is overall a good news story, there will be a bit of an adjustment period while a market, that doesn’t really like surprises, adjusts… Read More
The StatsCan June 2012 Acreage report was released yesterday and the surprises were limited but instead firmer confirmation of the 2012 seeding choices of farmers. Lentils were higher than expected, canola acres are above 20 million acres and barley has sprung back to higher levels than two years ago. Jon Driedger. FarmLink Marketing Solutions talked with… Read More