When it comes to marketing grain crops, we all seem to have different strategies, and there isn’t necessarily one ‘correct’ answer. In the late 2020 oilseeds market, we are seeing highs that haven’t been experienced in years. And the prices just keep climbing. Those that sold weeks ago at what they thought were the highs,… Read More
Tag: Neil Townsend
For many, December is a time to reflect, to really sit back and look at what the previous months looked like. What were the highs? What were the lows? Despite 2020 being the year it was — and one I certainly won’t forget in my lifetime — it was also a whole lot of fun… Read More
It’s the first day of winter, and perhaps the beginning of a few weeks of quiet, rest, and reflection before a new year, and the slow speed up to another spring. The grain markets show no sign of slowing down however, and that’s got some wondering how much steam some of these markets have, and… Read More
It’s the Tuesday after the August long weekend (if you’re Canadian), and we’ve got a great show lined up for you today! Since we didn’t have an agronomic Monday show for you yesterday, today’s show will be jam-packed with all things agronomy. In this episode, you’ll hear: RealAgriculture’s resident agronomist Peter “Wheat Pete” Johnson, on… Read More
Solo crop touring isn’t as fun and seems a little out of the norm compared to normal tour set-ups, but that’s just the situation that, like many companies, FarmLink Marketing found themselves in this year. All safety protocols were recently taken into consideration for a crop tour put on by FarmLink Marketing says Neil Townsend,… Read More
Is canaryseed the itchiest of the crops? Will StatsCan find more canola? Why are Amercian farmers so reactive to incentives but Canadian farmers less so? These are just some of the questions posed during this RealAg LIVE! Q&A with Neil Townsend, of FarmLink Marketing Solutions. Listen/watch here, and check out the summary below: There are… Read More
It’s time for our Tuesday edition of RealAg Radio! We’ve got a market-filled show for you today. You’ll hear: Top ag news stories of the day with host Shaun Haney; Neil Townsend of FarmLink Marketing Solutions, with his perspective on what is going on with the pulse and durum markets, and more; Kevin MacIsaac, general… Read More
Be honest, we’ve all ordered delivery at some point, right? In this episode of RealAg Radio, you’ll hear why we’re asking, when host Shaun Haney and news lead Jessika Guse discuss the top agriculture news stories of the day. Also on the show: Haney gives his thoughts on why events like engAGe from Agriculture in… Read More
While Chicago wheat futures trended lower, spring wheat contracts on the Minneapolis Grain Exchange rose sharply this past week on concerns about the supply of higher quality, high protein wheat. The September contract closed on Friday at US$5.87/bu — the highest it’s been since the middle of June 2016. There are three primary factors, explains Neil… Read More
Harvest is off to a wet start in much of Western Canada, putting a damper on potential quality and yield. We hear from Neil Townsend of FarmLink Marketing Solutions on this week’s podcast, discussing how the wheat market looks as harvest ramps up. As well, cattle people from across the country are in Calgary this week for the inaugural… Read More
The complete picture will be painted over the next few weeks, but buyers are bracing themselves for variable quality in this year’s wheat crop in Western Canada. “The big challenge is the ongoing rainfall events,” notes Neil Townsend, market analyst with FarmLink Marketing Solutions, in the interview below. “Other quality factors, not just protein, but… Read More
For the better part of the last two decades, commodity markets have become accustomed to demand growth from China supporting prices. Whether it was iron ore from Australia or soybeans from the U.S., sales to China grew year-over-year. However, it’s becoming increasingly likely that those days are over. Headlines over the last few week to show the… Read More
New crop wheat futures fell from recent highs on Wednesday after the USDA published some larger-than-expected wheat supply projections. The USDA’s June reports were not friendly for prices across the board, says Neil Townsend of CWB Market Research in our conversation below. (Read the WASDE report here and the Crop Production estimates here.) Along with slightly larger domestic production, he… Read More
Prices for wheat, corn, soybeans and canola all declined on Tuesday following the release of the USDA’s February supply/demand report. “(The report) confirmed what the markets were thinking,” says Neil Townsend, director of market research with CWB in the interview posted below. “U.S. numbers were pretty firm — they’re not going to change the production… Read More
Quality problems with this year’s durum crop in Italy and France, combined with the worst quality crop on record and lower yields in Canada, have resulted in skyrocketing prices for durum. Buyers are scrambling to find higher quality supplies for pasta production, says Neil Townsend, director of market research with CWB, in the interview below…. Read More