The Bank of Canada considers several economic factors each month as it decides on what to do with the overnight rate. The overnight rate has risen from 0.5% in March of 2022 to 5% by mid-2023, however the BoC has held firm on the rate for a few months now. Expectations are for a decrease… Read More
Tag: Rfd Tv
The current sideways lull in the grain markets has some feeling somewhat uneasy, wondering if the market bumps higher or breaks to the downside. Given the last 18 months, it feels like anything is possible. But why are the markets trading sideways? Plenty of reasons, says Scott Shellady, host of the Cow Guy Close show on… Read More
Thanks for tuning in to this Tuesday edition of RealAg Radio. On today’s show we hear from Scott Shellady, host of the Cow Guy Close on RFD-TV, on what the ag market is waiting for to break out of this sideways trade. We will also hear from Jake Buekert with the Alberta Cattle Feeders Association,… Read More
While U.S. President Trump and Mexican President Obrador were meeting in Washington D.C. to celebrate the United States-Mexico-Canada Agreement, Prime Minister Trudeau was in Ottawa defending his government’s mid-year fiscal update. It is no surprise that the numbers are not pretty, as the Liberals have attempted to rescue the economy with major support payments, just… Read More
There are always psychological lows and highs in markets. For corn, prices in the three-dollar range happen, but an analyst with some experience will tell you to watch for $3.01. That’s because if we dip below $3.01, there’s no telling where it goes next. As Marlin Bohling, markets editor with RFD-TV explains, that $3.01 mark… Read More
It’s Agronomic Monday, and today on the show: Marlin Bohling, markets editor for RFD-TV and Rural Radio SiriusXM channel 147, discusses the downward start to the week, Friday night’s Tyson Foods plant fire in Kansas, and the latest World Agricultural Supply and Demand Estimates; and, Resident agronomist Peter Johnson talks frost, hail, drought, drowned beans,… Read More
Last last week Amazon made a 13.7 billion USD bid for organic upscale retailer Whole Foods. The announcement sent competing grocer stocks reeling with the potential that Amazon-type competition could create major struggles for Kroger, Walmart and Costco in the long term. Financial market commentator Jim Cramer, stated on CNBC that “this is a game changer…..you cannot… Read More
StatsCan has released its net farm income report for 2016 and the results may surprise you considering the livestock and commodity market that producers faced. According to the report, revenue held fairly stable while it was declining operating expenses that allowed net farm income to rise. A full breakdown of the report, including provincial comparisons,… Read More
When U.S. President Donald Trump followed through on his promise to withdraw the United States from the Trans-Pacfic Partnership, many people speculated the deal was dead in the water. Similarly, Canada has also faced threats of NAFTA withdrawal by the U.S. within the same three month period. For many of the remaining countries, including Canada,… Read More