Statistics Canada (StatsCan) released the model-based principal field crop estimates report earlier this week. It is no real surprise to anyone that there were some pretty big year-over-year production cuts across a lot of commodities. Brian Comeault of Farmers Business Network (FBN), joined RealAg Radio host Lyndsey Smith to discuss the latest report, and dig... Read More
Category: Markets
The ability to stay within maximum residue limits (MRLs) can make or break a grain deal. Export markets keep a keen eye on whether imported crops meet specific tolerance for disease, toxins and pesticide residues, and MRLs play a key role in facilitating trade and establishing the ground rules for global market accessibility. Earlier this... Read More
Brian Grete, editor of Pro Farmer, uses one word to sum up this week's crop tour: hot. But it's not crop yield that's sizzling, but the crop itself. Extremely hot temperatures followed the team of nearly 100 field scouts on the four-day tour of seven states collecting over 1800 corn and soybean samples, he says.... Read More
Big things happen in a big world and yet somehow the grain markets are still transfixed by what number the ProFarmer Tour is likely to come out with on Friday regarding corn production estimates for the U.S. Neil Townsend, Grainfox market analyst, says it's a bit strange to think that Russia can literally bomb infrastructure... Read More
We're midway through August, and the cattle market is beginning to pick up on both sides of the border. Beef market prices are continuing to improve, but questions surrounding whether demand can sustain a higher cutout are looming around as well. This week's episode of the Beef Market Update takes a look at all of... Read More
Government policies that promote the adoption of electric vehicles (EVs) are unlikely to make a major dent in future demand for renewable diesel, says an author of a recent report on the future of the renewable diesel market. Unlike biodiesel, renewable diesel can be directly substituted in diesel engines. Production capacity in the U.S. is... Read More
What on earth is happening right now with canola and spring wheat prices? Call it a 2021 hangover or the cruelest of come-downs, but many farmers are watching crop prices with just a pinch of melancholy as the bears seem to be making themselves at home again in the canola and spring wheat markets. To... Read More
Just last week, Chip Flory and Shaun Haney were talking about unlikely market moves and the unpredictability of a weather market, with a discussion on the risk of a sliding market. This week, Shaun is back again talking weather markets, but this time with Brian Voth, founder of IntelliFARM. Voth is keen on looking back... Read More
Late last month, the United States Department of Agriculture (USDA), released their mid-year inventory report. In a couple of weeks, the Canadian numbers will come out as well, which will give us the opportunity to reflect and compare. Ahead of the CanFax report, Anne Wasko, of the Gateway Livestock Exchange shares in this Beef Market... Read More
Bunge's acquisition of Viterra is expected to require regulatory clearance in at least 29 countries, according to documents filed by the company with the U.S. Securities and Exchange Commission (SEC) last week. The 547-page preliminary proxy statement includes new details on how the deal was reached, and how Bunge expects it will proceed. The list... Read More