With a challenging harvest underway, it’s probably not be a high priority, but now could be the time to lock in prices for some of next year’s nitrogen fertilizer. Lower crop prices will place an extra emphasis on managing input costs for the 2015 crop, notes Mike Jubinville, president and senior analyst with ProFarmer Canada,… Read More
Category: Markets
Fast times are upon us in the North American beef industry. Feed is cheap, calves are in short supply, and credit is a hot commodity. Today Anne Wasko and Shaun focus on the calf market. In particular the rate at which Canadian ranchers are not retaining heifers. As Anne will share with you, the US… Read More
Heading past the halfway point of September, the pace of the North American harvest picked up with excellent weather allowing crops to dry out from late growing-season rains. That being said, the quality of the crop coming off is quite variable with reports of fields next to each other swaying a few grades one way… Read More
With no major production challenges anywhere in the world, grain and oilseed prices have fallen to levels we haven’t seen since 2010. So how low can they go? That’s the question Frayne Olson, crops economist and marketing specialist at North Dakota State University, tries to answer in the interview below. Looking at historical charts for… Read More
Grains this week fell significantly as harvest pressure starts to hit full tilt in the North American markets. Most of the northern half of North America and parts of Australia are experiencing some cold weather, which has the bulls frothing to see prices move higher, but the trend continues to head lower as bears are… Read More
Snow and freezing temperatures arrived earlier than welcomed in parts of Western Canada this week. We also saw a bearish market report from the USDA and some new developments surrounding the privatization of the Canadian Wheat Board. It was also a week on the road for the RealAg team, as Shaun, Lyndsey and Bern attended… Read More
Keeping with the bearish trend in the grain markets, the USDA reported higher than expected corn and soybean yields and production in its monthly supply/demand report released on Thursday morning. The average U.S. corn yield was pegged at a record 171.7 bushels per acre, with total production of 14.4 billion bushels. For soybeans, the average yield for… Read More
Today, in Woodstock, Ontario, Agriculture Minister Gerry Ritz and Dave MacKenzie, Member of Parliament for Oxford, announced an investment of $1.6 million to the Canadian Livestock Genetics Association (CLGA) to help open new export markets for Canadian dairy and small ruminants genetics. Last year, the Canadian dairy, sheep and goat industries generated over $120 million in exports…. Read More
In a move that might be seen as a good ideological fit, Farmers of North America has launched a campaign asking its members whether they would be willing to invest in purchasing a majority interest in the former Canadian Wheat Board (now known as CWB.) The farmer alliance says a producer-owned grain handling company would… Read More
While the majority of the Western Canadian crop is no longer vulnerable to frost, there are still areas where wheat and canola, as well as longer-season soybeans and corn, are not ready for the freezing temperatures that are expected over the next few nights. According to Bruce Burnett, weather and crop specialist with CWB, between five and 10 percent… Read More