It’s difficult to overstate the impact that Hurricane Helene has had and continues to have on southeastern states such as North Carolina, South Carolina, and Tennessee. Over 300 people have lost their lives, livestock have been killed or are still missing, and whole towns are without power or even passable road systems. Florida was also… Read More
Category: Markets
Every now and then expected seasonality offers a surprise for grain growers. For fall of 2024, commodity markets are moving ever so slightly against seasonal trends and are actually edging higher ahead of the coming corn harvest. Ranulf Glanville, market analyst with Grainfox, says that market behaviour right now offers farmers some reasons to be… Read More
Canada’s cattle sector has faced its share of environmental challenges in recent years, as wide-spread and multi-year droughts have put pressure on the overall size of the Canadian cow herd. Several factors, including positive price signals and a return of pasture productivity, will be crucial in stabilizing the cow herd. Brenna Grant, executive director of… Read More
Over six hundred workers at the six main grain export terminals in Vancouver are returning to work as of Saturday, September 28. Their four day strike, which nearly halted grain shipments through Western Canada’s largest port, came to an end late Friday, as the Grain Workers Union Local 333 agreed to a tentative four-year deal… Read More
In the Beef Market Update this week, Anne Wasko of Gateway Livestock Exchange and RealAgriculture’s Shaun Haney start the conversation with the good news that the U.S. fat cattle market in the south and the live market in the north appear to be gaining some ground, coming off of the early September lows. That being… Read More
The USDA will roll out its latest production report this coming Monday, and farmers and analysts alike are hoping it provokes some market action to the upside. Scott Shelladay, host of The Cow Guy on RFD-TV, says that next week’s report will be crucial to grain market moves, markets that have been weathering news of… Read More
The provincial grower groups from Alberta, Saskatchewan, Manitoba, and even Ontario have ponied up funds to support the Global Agriculture Technology Exchange, kicking off the $100+ million funding campaign. News of the support came last week, and reaction has been mixed, as is often the case when producer groups commit large funds to a project…. Read More
Update: As of 7am Pacific time on Tuesday, workers represented by the Grain Workers Union at the six main grain terminals in Vancouver are on strike. Grain exports from Western Canada could face another major labour disruption starting Tuesday. 650 workers at the six main bulk grain terminals at the Port of Vancouver could legally… Read More
The board of directors for a large farmer-owned grain elevator in western Saskatchewan has decided to idle its facility as a result of negative margins that it anticipates will continue into next year. North West Terminal Ltd. (NWT) at Unity, Sask. is suspending all purchases of grain, and has cancelled its elevator license with the… Read More
A report by Capstone Partners outlines what it will take for widespread farm profitability to return to North American agriculture and how long it may take. Those hoping for a quick reversal of the downward market and profitability trend are likely to be disappointed, as some estimates puts a return to much better financial times… Read More