2018 was a difficult year for soybean markets. The U.S.-China trade war triggered a $2.00-$2.50 per bushel reduction in the futures market and neither side appears willing to relent in their sanction tug-of-war.In RealAgriculture’s final Soybean School episode of the 2018 season, we asked ag economist, market commentator, and farmer Philip Shaw for his take on… Read More
Category: Markets
To wrap up the year, RealAg Radio host Shaun Haney and Anne Wasko, of Gateway Livestock Exchange, take a look at the beef markets for the last time in 2018. It’s still a push to get to live cattle to get to $120/cwt by the end of the year says Wasko, adding that just last… Read More
As we head into the last full week of the 2018 calendar year, grain markets held a bit of a weaker tone. This past week, no crops on the futures boards were able to make any positive gains despite some positive export activity being noted by the USDA, especially from China! Put another way, grain… Read More
What can corn growers expect from the markets in 2019? In Ontario, will sufficient markets be found for high DON corn? After three years of sideways trade, will world markets finally break the mold and push corn higher?On this edition of RealAgriculture’s Corn School, host Bernard Tobin travels to the ‘Agridome’ at Dresden, Ontario to… Read More
Will pulse growers get a great gift of pea export movement in the new year? Will the Canadian dollar get back to tracking crude oil? Will soybeans have another tough year in Western Canada? Chuck Penner, of LeftField Commodity Research, joins RealAg Radio host Shaun Haney for a market melee full of holiday joy and… Read More
On Wednesday, it was announced China would make its first major purchases of U.S. soybeans since the “trade war truce” made between the two countries at the end of the G20 Summit in Argentina. The purchase of over 1.5 MMT of U.S. beans, valued at more than $500 million USD supported soybean prices on Wednesday,… Read More
The recent WASDE report created barely a ripple in the markets, and now traders are trying to figure what’s going on. The November report is often a bit of a snoozer, and this year is no exception, but the underlying political currents make this year a bit harder to decipher. RealAg Radio host Shaun Haney… Read More
Heavy lamb prices across Ontario sale barns have dipped steeply lower in the last three weeks, with year-over-year drops at some auctions over $0.30 (or more) a pound for the same weight class. While some seasonal dips are expected at this time of year, Ontario sheep farmers are also up against a much higher than… Read More
Except for oats futures, the entire grain complex enjoyed a week in the green as geopolitical risk and production headlines swirled. On Friday, wheat markets had a big day as market participants responded to a week of strong U.S. export sales. While total export activity is down year-over-year, it’s a positive sign for future sales…. Read More
The days following a successful Donald Trump/Xi Jinping supper meeting were supposed to have been all about the launch of soybean futures. Instead of a drive higher following Saturday’s G20 dinner, the market has been timid at best and perhaps somewhat confusing, at first glance. On Tuesday’s RealAg Radio show, Chip Flory, host of AgriTalk,… Read More