Grain Farmers of Ontario, in collaboration with the Ontario Agri Business Association and soybean processors, has announced changes being made to the way soybean drying charges will be calculated under the Agreement for Marketing the Ontario Soybean Crop made under the Farm Products Marketing Act (O. Reg 485/09). According to the new terms, effective September... Read More
Category: Markets
About this time last year, the canola crop's respectable acreage base and promising production was being consumed by disease pressure, the bizarre looking aster yellows and then came the Billion Dollar Wind that shook and shattered seeds all over the ground. As we approach swathing and even harvest of the 2013 crop, however, the crop... Read More
If your grain-farming neighbour is wincing at crop prices and that makes you smile, you might be a cattle producer. And so begins a series of events and conditions converging to support solid cattle prices for the near term. As you'll hear in this interview with Anne Wasko, of Gateway Livestock, cattlement are enjoying strong... Read More
The Government of Canada released a statement today regarding formally asking the World Trade Organization to establish a compliance panel on U.S. Country of Origin Labeling. The Honourable Ed Fast, Minister of International Trade, and the Honourable Gerry Ritz, Minister of Agriculture and Agri-Food, today issued the following statement on U.S. Country of Origin Labelling... Read More
In a surprising move, U.S. company Merck Animal Health has suspended sales of the beta-agonist Zilmax, a cattle growth promotant, according to a Reuters report. The decision comes on the heels of Tyson Foods Inc. announcing last week that the company would no longer accept slaughter cattle that had been fed the feed additive. JBS... Read More
If you've been watching U.S. corn and soy acreage estimates closely, Monday's production and acreage downsizing of the soybean crop may not come as a surprise. In fact, many farmers and analysts were scratching their heads at earlier figures given the poor growing conditions and late start both crops had. Still, when the USDA numbers... Read More
Today marks one year since the CWB was stripped of its monopoly. This climax of, oh, 40 years (or more?) of bickering between those for and against the monopoly was a great day for many, but also rather anti-climatic. As RealAgriculture.com shared then, August 1, 2012 dawned with no earthquakes, riots in the streets or... Read More
It's always a treat to find an economist whose insights and discussions don't bore you to tears or leave you feeling a wee bit deflated (sorry, economists!). That's why RealAgriculture.com is always glad to cross paths with Glen Hodgson, senior vice president & chief economist with the Conference Board of Canada, as he's not just... Read More
Russia's Uralkali has put the market through the ringer this morning. In a story that has many caught off guard, Russia's Uralkali has decided to break up its partnership in Belarus Potash Company. This has greatly impacted the ability for the potash cartel to operate effectively. As reported on CNBC.com this morning, The break-up of... Read More
Hedging is a big scary word to many farmers. And it's understandable — it's an account that can flucuate significantly, making it seem like you've lost money. But, unlike speculators that never grow or store crops, farmers are in a unique position to use hedging as a low-risk price management tool. Why? Because as your... Read More