There is growing caution among analysts on where markets will land at and after harvest 2023, as some inflation pressures ease and prices drop. Input prices have pulled back, too, but for those who may still need to price product, the clock is ticking. Kevin McNew, vice president of research and chief economist for Farmers... Read More
Category: Markets
Anxiety levels have been increasing across the board, as producers have their eyes on the commodity markets. Many people are feeling less assured the markets are on stable ground. Tyler Schau, of AgMarket.net, says we've had a pretty good three-year run, and if we follow the cliché, all good things must come to an end... Read More
With changes in production around the world, fertilizer and commodity prices have fluctuated significantly in the last eight to 12 months. Josh Linville, vice president of fertilizer at Stone X, says it depends on the market, but just about everything today has a very bearish slant to it. When you look at the nitrogen market... Read More
If you've been following along with the cattle markets, you'll know the choice cut out has faced some extreme gains over the past five weeks. Naturally, it makes sense that the markets are going to take a bit of a breather, says Anne Wasko of the Gateway Livestock Exchange, but that doesn't mean we are... Read More
The expectation of Canada's gross domestic product number (GDP) wasn't great — analysts predicted 1.5% GDP growth in Q4; Farm Credit Canada was slightly more optimistic at 1.7%, but both expectations were off. The GDP growth for Q4 ended up being — wait for it — zero. J.P. Gervais, chief economist for Farm Credit Canada... Read More
Crop insurance holders in Saskatchewan will see a change in how premiums are calculated starting this year. Agriculture and Agri-Food Minister Marie-Claude Bibeau and Saskatchewan Agriculture Minister David Marit announced on Monday that farmers who purchase crop insurance from Saskatchewan Crop Insurance Corporation (SCIC) will see an individual premium calculated for each crop they insure.... Read More
The problem with war is that there's no way to know, really, what is going to happen. Jacob Shapiro, geopolitical analyst with Cognitive Investments, calls this the "fog of war," and it creates uncertainty, volatility, and quick shifts in direction that are difficult to plan for. In the podcast and video below, RealAg Radio host... Read More
Looking at current grain prices, it might seem markets remain largely unchanged by the impacts of an entire year of Russia's war on Ukraine. But the truth is, says Arlan Suderman, at StoneX, is that global markets have been "dynamically changed" in a great way that impacts all commodities. "First of all, we had become... Read More
According to the January 2023 Canadian Farmers Sentiment Index farmers are becoming more optimistic about their current and future financial performance relative to past months. While the current financial performance is above the neutral position at 119, the future financial performance score of 85 remains in negative territory. In isolation this is a positive trend... Read More
Using a combination of machine learning and AI, input from analytical teams, current and historical market data, regional aggregate data, and insights its network, GrainFox launched the Smart Advisor platform this week. “As the only technology of its kind in North America, GrainFox’s ability to deliver personalized farm wealth solutions around the clock to producers... Read More