Have you got your bushels covered? Matt Bennett of AgMarket.net says that if farmers still have a lot of unpriced grain, it's going to take some work to minimize losses in the next few months. Bennett spoke to several farm audiences at Commodity Classic at Houston, Texas, this week and he says farmers are listening... Read More
Category: Markets
Sales of new tractors and combines have slowed down from a year ago, almost certainly due to lower commodity prices and higher interest rates. Combine and four-wheel drive tractor sales ended 2023 up slightly while sales of small tractors were down — in both the U.S. and Canada "As we look ahead to 2024, we're... Read More
The fertilizer market of yore could be relatively dependable for ebbs and flows in pricing. There were general seasonal highs and lows that storage-savvy farmers and retailers could use to their advantage. But in the last five years, on-farm storage has been as much about secured access as it has been about cost. The year... Read More
After rolling through a boom and bust cycle over the past few years, the oat market is searching for stability in both supply and demand heading into the 2024 growing season. Record high prices and seeded acres in 2022 led to a dramatic decline in prices and production in 2023. Acres are expected to increase... Read More
The race is on among canola processing companies to supply growing demand in the U.S. for canola oil as a feedstock for lower carbon-intensity fuels. Construction is underway on three of five planned canola crush projects in Saskatchewan, notes Chris Vervaet, executive director of the Canadian Oilseed Processors Association (COPA), in the interview below. Cargill,... Read More
Farmers sitting on unpriced grain aren't going to love this week's market report from Neil Townsend, market analyst with Grainfox. But not liking it doesn't change the facts: there's plenty of grain out there and buyers know they can get what they need at a lower price than many want to accept. Townsend, in this... Read More
The cattle markets took a little breather this week, down from some of the highs set in January. It's not unexpected for the time of year, says Anne Wasko with the Gateway Livestock Exchange, in this week's Beef Market Update. Wasko hits on the latest round of cattle prices in the U.S. and Canada, before... Read More
After decades of trending smaller, rebuilding North America's cow herd will not begin until 2025 at the earliest, according to a new report from Rabobank's senior animal protein analyst. One of the challenges that needs to be overcome to rebuild a resilient supply chain is the boom-bust nature of each segment, from the cow-calf producer... Read More
The Canadian cattle industry and the U.S. cattle industry are intertwined, perhaps unlike any other agriculture commodity in North America. Calves, cattle, and beef all move south — and north — depending on economics, demand, and the weather. For this reason, what happens in the U.S. beef market has a major impact on the Canadian... Read More
What's better than a Beef Market Update a day early? A Beef Market Update recorded in person! On this episode of the Beef Market Update, host Shaun Haney and Anne Wasko, of Gateway Livestock Exchange, sit down face to face to discuss: What happens at #CattleCon and what reports and analysis is up for discussion... Read More