Grain markets this week found some gains (finally) as Mother Nature and updated Harvest 2019 estimates catalyzed traders to bid up the lows we’ve been on lately. Soybean prices in Chicago were buoyed by a drop in production by the USDA in their September WASDE report, but also fresh news of China buying at least… Read More
Category: Markets
Grain prices started the month of September much like they finished August: tumbling lower. December corn prices made new contract lows on bearish yield and production estimates from private firms. This prompted wheat markets to follow corn lower. Allendale, INTL FC Stone, and Informa all shared updated yield estimates this past week, and since they… Read More
This week finalized a tumultuous month for grain markets with China, weather, and crop conditions owning the headlines. While most grain prices on the futures board were able to find some gains for the week, it was a bearish month for the complex. As the table below shows, wheat and corn prices took the hardest… Read More
This week’s Beef Market Update starts with one central question: What is going on with this cash market? Anne Wasko, of the Gateway Livestock Exchange, joins RealAg Radio host Shaun Haney to help answer this question, because, as Haney notes, many are disappointed with where the market is currently sitting. Wasko says that the impact… Read More
Grain markets took another hit this past week as elevated trade tensions on Friday topped some of the more bullish ProFarmer crop tour results. On Friday, China announced that they would institute another US$75 billion in import tariffs on U.S. goods, including another five per cent tariff on soybeans to take the total tariff to… Read More
With the wheat harvest half complete in Russia and wrapped up in Ukraine, analysts are looking at volumes available for export out of the highly competitive Black Sea region. Mike Lee is twenty year veteran of assessing crops in the region, and updates the globe through the Black Sea Crop Tour. According to Lee, both… Read More
As the calendar creeps towards September, pulse harvest is just beginning to get underway in Western Canada. Fall is also usually a pretty busy selling and shipping season for the export-dependent crops, but as Chuck Penner, with Leftfield Commodity Research, explains, trade uncertainty and less-than-stellar prices are dragging on the busy harvest season. RealAgriculture field… Read More
Canada Beef has launched an export market development (EMD) program aimed to stimulate market development activities and grow market segments in an effort to increase Canadian beef in the export market place, says president Michael Young. “It’s a new program that our committee just approved three weeks ago now, and what it does is it… Read More
It’s been a busy week in the beef markets, impacted largely by growing North American beef and pork supplies, spotty feed availability, and the August 9th fire at Tyson’s beef processing plant in Kansas. Regular RealAgriculture guest Anne Wasko of the Gateway Livestock Exchange spent some of her week in Calgary, at the Canadian Beef… Read More
Canada’s food retailers have been looking to reduce competitive price wars — but it’s not enough to ease continued food inflation. That’s market analyst Kevin Grier’s take on what’s happening across Canada’s food retail landscape. Earlier this week, Grier joined RealAg Radio host Shaun Haney to discuss his latest Grocery Trade Report and says grocery retailers may… Read More