RealAg Radio host Shaun Haney is at the London Farm Show today and could be found at the Nufarm booth — special thanks to them for sponsoring today’s episode. Haney and news lead Jessika Guse tackle the top ag stories of the day which include hazardous pests allegedly found in Canadian canola, Saskatchewan’s Water Security Agency releases… Read More
The Bank of Canada held steady on the prime lending rate in its first decision for 2019, but are two more rate hikes on deck? For what’s at play, what to consider, and where the rate may be headed, Shaun Haney, host of RealAg Radio, talks to Matthew Pot, with Grain Perspectives. From the economic… Read More
Today’s show is jam packed with news as you get not one but two segments of news with Guse. RealAg Radio host, Shaun Haney and news lead, Jessika Guse start off the show with your top ag news stories of the day. Those include: Bank of Canada announced it would keep the interest rate at… Read More
It seems like a foregone conclusion, but the Bank of Canada is expected to raise interest rates Wednesday. The market is expecting a 25 basis point hike to 1.75%, which would be the fifth increase since July, 2017. Bank of Canada Governor Stephen Poloz will address the Canadian economy that’s been tempered in the past… Read More
The Bank of Canada increased the target interest rate today by 0.25%, to 1.5%. This is now the fourth rate hike, amounting to 1%, since the Bank hiked rates for the first time since 2007 a year ago. Over the last year, the Bank of Canada has matched the aggressiveness of the U.S. Federal Reserve,… Read More
As the U.S. attempts to fix its trade grievances with China, farmers watching a falling commodity market are having their patience tested. U.S President Donald Trump’s biggest grievance is the trade imbalance that the U.S. has with China. As you can see below, in 2017 the U.S. exported US$129.9 billion in goods to China while… Read More
Add over a million acres of spring wheat, and subtract more than two million acres of soybeans… There were a few surprises in the U.S. Department of Agriculture’s Prospective Plantings report published on Thursday. The department pegged soybean acres at 89.0 million acres — more than two million below the average trade estimate of 91.1 million,… Read More
The Ontario Progressive Conservative party is scheduled to announce its new leader on Saturday afternoon. After all the theatre surrounding Patrick Brown resigning, then entering the race to replace himself, then dropping out, party members have been left with four choices to lead the PCs into the Ontario election in June: Caroline Mulroney, Christine Elliott, Doug Ford,… Read More
Today’s updated World Agricultural Supply and Demand Estimates (WASDE) report was by no means a market mover. But, it does pose some questions for the market to digest. Starting with the U.S. Supply and Demand, it was, for the most part, fully influenced by adjustments in export demand. 2017/18 U.S. corn ending stocks estimates were… Read More
Wednesday was a big day for economic news in both Canada and also for our friends south of the border, in the United States. Here at home, the market is digesting the most recent GDP data for November, while the U.S. Federal Open Market Committee made the decision to hold interest rates in the country…. Read More
Last week there were reasons for confusion on what direction the American dollar might take based on White House policy. Most of the confusion last week was driven by comments made by different members of the White House team. “It’s interesting, it’s almost like currency wars at the moment,” says Matthew Pot of Grain Perspectives… Read More
The Bank of Canada raised target rates this morning by 0.25 percent. The Canadian dollar (CAD) initially responded by falling over a half cent, but closed the day slightly higher. While rate hike announcements tend to inspire a bullish dollar, what is often overlooked is what the market was expecting prior to the announcement. In… Read More
The USDA will release one of its most anticipated reports on Friday — the January World Agricultural Supply/Demand Estimates or WASDE. Some analysts have referred to it as the Super Bowl of USDA reports. As in sports, the pregame discussions and speculation can be almost as much fun as analyzing the score(s) after the fact…. Read More
This December, to recognize the year that has passed, and to look to the start of 2018, we decided to create a short questionnaire for a few of our many, valued contributors. Andrew Campbell is a dairy farmer, owner of Fresh Air Media, and a contributor to the site, often writing on advocacy and marketing…. Read More
Big yields, big carryouts and little volatility. It’s a corn market story that’s been with us for two years and may persist throughout 2018. In this edition of RealAgriculture Corn School, Grain Perspectives market consultant Matthew Pot takes a look at what growers can expect from the corn market in 2018. “With huge U.S. supplies,… Read More