There’s been a lot of action in the commodity markets lately, some of which has led to some stellar pricing opportunities for farmers. There are some global pressures and buying patterns emerging that could put a squeeze on some prices, however, all while farmers are finalizing acreage plans for 2021. To talk about wheat, canola,… Read More
Category: Markets
It’s been a wild week in the equity markets, dominated by the short squeeze placed on Gamestop and a few other heavily shorted stocks. Gamestop was up 400% in the last five days trading from $65 last on January 21st to close at $325 on January 28th with an inter-week high of $505. Was this… Read More
One year in to navigating a global pandemic, it’s clear that the economic health of consumers is ailing, but it’s difficult to measure by how much; and until COVID-19 passes, any economic recovery in Canada is strained. “It’s interesting, when we think back to a year ago, just before the pandemic really began to bear… Read More
Covering all the countries and the fertilizers they produce — from Moroccan, Russian, U.S., Canadian, even Belrusian — Josh Linville, of StoneX, extensively covers the fertilizer markets in this RealAg LIVE! Don’t forget to tune into RealAg LIVE! every weekday at 3pm E, 1 pm M on Facebook, Twitter, YouTube, and Twitch! SUMMARY Linville graduated… Read More
We’re starting this Beef Market Update off on a positive note: retail demand. Retail sales are looking really strong as we head into the last week (?!) of January — and about a month out of the holiday season, notes Anne Wasko of the Gateway Livestock Exchange. As she explains, there is usually a bit… Read More
The lake freighter MV Saginaw said farewell to the Port of Thunder Bay en route to Windsor, Ont. with a load of grain last week, marking the end of the port’s most successful shipping season in over twenty years, driven by a surge in grain exports from the Prairies to eastern markets. A combination of… Read More
It was January 18, 2017 when a global food ingredient company based in France announced plans to build the world’s largest facility dedicated to producing pea protein at Portage la Prairie, Manitoba. Fast forward four years, and Roquette’s new 200 thousand square foot pea processing plant has started accepting deliveries from farmers. In fact 163… Read More
The rising carbon tax charged to railways while exporting grain will reduce the farmgate value of crops grown in Western Canada by several dollars per tonne, according to a pair of reports published over the past two weeks. The Agricultural Producers Association of Saskatchewan (APAS) has released new calculations that say the federal government’s proposed $170/tonne… Read More
When it comes to farming, there are many moving parts and uncontrollable variables. How do you manage all the risk? Steph Berlett of Agromart Group says that we have to do everything in our power to manage the variables that are in control. “Everything we do in farming is risk management. We’re banking on the… Read More
Saskatchewan’s crop commissions are going to be pushing for mandatory grain export reporting, as well as continuing their effort to have farmers rewarded for sequestering carbon, following their 2021 annual general meetings this week. SaskCanola, Sask Wheat, SaskBarley, SaskFlax, SaskOats, and Saskatchewan Pulse Growers hosted their annual meetings in a virtual version of the annual… Read More