China’s decision to open another of its crushers to Canadian canola seed improves market access, according to the Canola Council of Canada. The authorization of three new crushers in the last few months means China now has the capacity to import an additional 1 million tonnes of canola seed from Canada, Canola Council of Canada... Read More
Category: Markets
If you cannot se the embedded video player above, Click Here Anne Wasko and Shaun Haney discuss the recent cow slaughter prices. As Anne mentions to Shaun there is some interesting issues at play here. Domestic cow slaughter 1st quarter is down 7% while exports are double last year meaning that disposals are up 20%... Read More
If you cannot see the above embedded audio player, Click Here Anne Wasko and Shaun Haney discuss the finalization of the JBS - XL Foods US plant purchases, why cattle packing plants cannot seems to get current, whether there could be further packing plant closures, basis outlook and the possible scenario for higher live cattle... Read More
Whether you do your own digging, subscribe to several news outlets or employ an analyst, making decisions about price direction requires a significant investment of time and effort. For many farmers, marketing and following the markets is an enjoyable part of their job. For others, it's not how they'd like to spend their time or... Read More
The new marketing environment around wheat in Western Canada offers producers a much greater level of involvement than they've ever had when it comes to managing price risk. Should producers choose to step out of the contract environment provided by their local grain companies and buyers and go directly to the futures and options market... Read More
If you cannot see the above embedded audio player, CLICK HERE According to Chuck Penner, LeftField Commodity Research, everyone was waiting for the USDA planting intention report with baited breathe but what shocked (or maybe not) the market was the stocks report. Farmers holding onto old crop crop corn and wheat without unhedged are feeling... Read More
A near-record number of intended corn acres estimated today by the USDA's planting intentions report has pressured corn markets limit-down for the day. Hear what Chuck Penner Thinks About the USDA Stocks Report Today The report pegs estimated acres at 97.3 million acres, a total eclipsed only by a mid-1930s planting. The USDA National Agricultural... Read More
If you cannot see the above embedded audio player, click here With growing speculation that feedyards in the US and Canada would be attempting to contain losses by limiting the amount of cattle they fed, the February placement number in the USDA Cattle on Feed Report confirmed it. The March 22, 2013 USDA Cattle on... Read More
How's the weather where you are? It's a common question because, even though there's not one thing we can do about it, it's a topic of endless fascination for many and especially farmers. Weather risks and events work themselves into the market conversations as well, as no one can control the weather, and ultimately it's... Read More
Farmers do an amazing job of keeping current on the latest agronomy findings, and many are keen to work on new and improved practices each year. But not everyone loves biology — some prefer the business side of farming and enjoy the time spent analyzing markets and setting up a hedging strategy. Each crop type... Read More