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
Tag: Matthew Pot
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
Weather events, political drama, and moisture concerns in the Dakotas and Western Canada. They’re all factors that could move the wheat market in 2018. It’s just a case of where, when and to what extend. In this report from the recent Grain World conference in Winnipeg, Manitoba, Matthew Pot is joined by Rhyl Doyle from… Read More
China’s insatiable appetite for soybeans will continue to provide support for the oilseed crop through the next year. It will also be the catalyst for soybean acreage to surpass corn for the first time in 2018, says Bill Lapp, president of Advanced Economic Solutions. He shared his oilseed outlook during a panel discussion at the… Read More
India’s decision to add a 50 percent import duty on peas is designed to help the country become self-sufficient in pulses, and the government appears to be steadfast in its commitment, says one of India’s largest international pulse brokers. Anurag Tulshan, managing director of Esarco Exim Pvt Ltd, told delegates attending the Grain World conference… Read More
The Bank of Canada announced its second interest rate hike in two months, surprising analysts, and raising the target interest rate by one-quarter point to 1 percent. The last interest rate hike was announced in mid-July, and was the first increase the country had seen in over seven years. Many analysts had expected Bank of Canada… Read More
This week was a very intense week for crop scouts and the Pro Farmer crew led by Chip Flory and Brain Grete. After the USDA caused quite an uproar a couple weeks ago with their August crop estimate report which came in above analysts expectations there was much anticipation for the Farm Journal crop tour…. Read More
The markets continued their strong bearish tone as grains and oilseeds pushed lower across the board for the second day in a row on Tuesday. On Monday, one excuse was that Friday’s bearish cattle on feed report sparked a push to sell. Expected rains in the U.S. midwest later this week have certainly driven some… Read More
Soybean futures have dropped to 14-month lows and corn is seemingly unable to break through a brick wall at $3.96/bu. The bears are seemingly winning over the bulls and their weather concerns. Soybeans broke lower last week from the Brazilian currency tanking with the JBS corruption scandal, which made Brazilian beans cheaper for foreign buyers (but did producers… Read More
Markets move up and down on news, anticipation and results. The currency market has some somewhat predictable drivers of the value of a given country’s currency. This past week, the United States Federal Reserve raised interest rates 0.25% and the impact in the Canadian Dollar value against the US dollar was a head scratcher. Although… Read More