Grain markets through the first full week of February swayed a bit on geopolitical risk and the market digesting the February WASDE report from the USDA. Wheat was the biggest winner of the week, thanks to smaller-than-expected global stocks in the report, up 4% for the week while, on the flipside, oats was the worst... Read More
Category: Markets
It's time for another episode of the Beef Market Update! Shaun Haney and Anne Wasko are fresh off their trip to Nashville and they have much to discuss. Canada has agreed that they will attend the the March "post-TPP" meeting in Chile with most of the other countries minus the United States. Also invited is... Read More
One of the highlights of every NCBA Trade Show and Convention is the release of the Cattlefax report. Cattlemen and women from across North America gather on the Thursday morning to hear the full-hour presentation by the Cattlefax team. Shaun was able to catch up with market analyst Kevin Good on the trade show floor... Read More
Bad experiences with high disease levels in last year's crop are making acreage projections for Western Canada in 2017 a tad more complicated than normal. "This year has been a lot more guess work. We have things we're just not sure about because the price signals on durum are actually looking pretty favourable, the price... Read More
Grain markets ended the month of January on the downtrend thanks to more geopolitical (aka President Trump) risk after reaching new highs the week before on continued weather concerns out of South America. Oats was again the main winner, up 2.55% for the week while wheat wasn’t farm behind, gaining 2.15%. With the Canadian Loonie... Read More
Pope Gregory I probably didn't foresee his list being used as guidance for grain farmers managing market risk when he defined what became known as the seven cardinal sins in 590 AD. But whether we're talking morality or grain marketing, these behaviours and habits can be costly. Brian Voth, president of IntelliFarm Inc., presented the... Read More
It is no secret that this is a big week at NCBA in Nashville for the Canadian, U.S., and Mexican beef industry. Trade is on tap in every meeting or side conversation throughout the Gaylord Opryland Convention Center. Wednesday morning, February 1, officials and invited guests from all three countries gathered for the annual NCBA... Read More
Grain markets are closing out the month of January with not a lot of love as weather stabilizes in South American and President Donald Trump following through on a lot of campaign promises (first politician to ever do so?), which is creating more doubts about international demand and/or markets for U.S. agricultural products. From a... Read More
Everybody's waiting to see what President Trump plans to do with NAFTA, but it's unlikely it will be detrimental to the movement of cattle and pigs across the Canada-U.S. border, says Guelph-based livestock and meat market analyst Kevin Grier. While Trump's "Buy American" policy and willingness to flat-out talk about being protectionist are concerning, Grier... Read More
The announcement last week of a $400 million pea processing plant in central Manitoba caught many in the farm community by surprise. "Peas? Don't you mean soybeans?" was the most common response. By far. With another 20-plus percent increase in soybean acres expected, there will likely be north of two million acres grown on the... Read More