Every year in February, ag policy wonks, market followers, and politicians gather in Washington, D.C., for the USDA Outlook Forum. Not only does USDA release its forecasts for acres and production numbers, but the conversations also fill the hallways. Most years, the focus is on the fundamentals, but with so many trade patterns very cloudy... Read More
Category: Markets
Grain markets finished their third week of trading in February — one shortened by a day because of national holidays in Canada and the U.S. — on a strong note, namely because of positive announcements from American-Chinese trade war talks. While the week started out rather weak, especially in the wheat complex, Friday’s announcement that... Read More
It's a mid-week Beef Market Update, and although we always love and appreciate having Anne Wasko from the Gateway Livestock Exchange on the show, she says what she's about to say might not make people too happy. Wasko says there's two very different scenarios unfolding in the markets currently, and the good and the bad... Read More
Grain markets marched through the middle of February with most of the focus on three things: trade war negotiations between China and the U.S.; the potential for another U.S. government shutdown (and thus, no grain trade data again); and, continued digestion of the February WASDE report published by the USDA last week. All things considered,... Read More
The commodity markets have definitely been in a sideways pattern, with little movement in either direction up or down. This lack of action makes it difficult on farmers, and challenging for traders, and the broadcasters trying to cover the markets everyday. As people watch the lack of price moves — stagnated by uncertain trade deals,... Read More
Winter grower meetings are a good place to get in out of the cold, see some neighbours, and find out what's new in agronomic research. It's also a good time to get a bead on the markets – what should you be doing with the crop you just harvested and when should some of next... Read More
There's a saying about beggars and choosers, but to call Canada's durum customers beggars would be unfair. That said, Italy's insistence of Country of Origin Labeling of durum that has edged Canada out of its market may ease — all in the name of quality. Cam Dahl, president of Cereals Canada, says it's an interesting... Read More
Grain markets marched into the month of February without much fanfare, as wheat prices were the only thing to make positive gains since last Friday. Unfortunately, for Canadian readers, some of these gains were offset in the cash market by the fact the Canadian loonie gained nearly a full point (1% or 100 basis points)... Read More
Things are looking up for the barley market. That's the message from the SaskBarley annual general meeting held recently during CropSphere at Saskatoon, Sask. "I think the industry has never been stronger. We're seeing huge exports on the feed side going into China, we're strengthening in the malt side, both domestically and globally, and we've... Read More
Selling a crop doesn't have to be a full time job, nor does it have to be fraught with risk. Having a solid crop marketing plan requires some learning, a little work, and some time, but putting together the following five key tips could translate into tidy profits or reduced losses as you market what... Read More