Wheat markets have rallied this spring, creating some selling opportunities for both old and new crop amidst the busyness of seeding and planting. In this episode of RealAg Markets, host Shaun Haney sits down with Jim McCormick of AgMarket.net to delve into the complexities of the global commodity markets, focusing on wheat and soybean dynamics... Read More
Category: Markets
Rain makes grain, sure, but rain also makes green grass which makes for a very happy Anne Wasko of the Gateway Livestock Exchange, who joins Shaun Haney for this episode of the Beef Market Update. Green grass in many parts of the Prairies is a welcome change compared to the last few years, and it's... Read More
Governments in many countries are enacting policies aimed at mitigating climate change — massive subsidies, carbon levies, and strict regulations — that also have consequences on trade flows. Billions of dollars of incentives in the Inflation Reduction Act in the U.S., the Canadian government's carbon taxes, and the EU's biofuel feedstock requirements and carbon border... Read More
Farmers waiting for a market rally and continued uptick in crop prices could be waiting a very long time. Instead, Brian Voth, founder of IntelliFarm, draws parallels between the current NBA playoffs and grain markets: grab the bounce and don't miss the free throw, because that's about as good as it's going to get. In... Read More
Pulse crop and plant-based food ingredient company Global Food and Ingredients Ltd. (GFI) is winding down its operations while owing its secured lenders at least $21 million. The Toronto, Ont.-based company bought and marketed peas, beans, lentils, chickpeas and other high-protein specialty crops, operating three handling facilities at Lajord, Sedley, and Zealandia, Sask., and a... Read More
Cattle markets have been quiet throughout the American Midwest, with the choice market up from last week, but under where it was at the same time last year. The choice to select market is still under the five year average, according to Anne Wasko of the Gateway Livestock Exchange. This is a good indication that... Read More
India is nearly half-way through a six-week election period, and the government there is making sure it stays in the citizens' good graces. That, in part, may have driven the decision by India to further extend a dropped tariff on imported peas out to October. Chuck Penner, founder of Leftfield Commodity Research, says that India... Read More
There's more work to do to improve where canola's carbon intensity score ranks in the tax credit regime for renewable fuels in the U.S., according to the executive director of the Canadian Oilseed Processors Association (COPA). After taking a few days to digest the U.S. Treasury Department's awaited announcement last week of new requirements for... Read More
After a decent start of better markets in terms of cash cattle, the futures market ended the week to the down side. This volatility is related to news around the ongoing outbreak of Highly Pathogenic Avian Influenza (HPAI), currently confirmed in eight U.S. states and in 33 herds of U.S. dairy cattle. Earlier in the... Read More
Let's hope grain markets fare better than the Winnipeg Jets did in Game 2 of their Stanley Cup playoff game last night, but if they don't Jon Driedger, disappointed Jets fan and market analyst with Leftfield Commodity Research, says there's still reasons to sell small into price rallies. Where are we at right now? Big... Read More