There are convincing arguments to be made on grain markets moving to the up and to the down side. Right now, the bulls seem to have a slight edge, but all that could change quickly, says Neil Townsend of FarmLink Marketing Solutions and Grainfox. A general lack of big news has kept markets in a... Read More
Category: Markets
Imperial says it plans to spend around $720 million on building the largest renewable diesel facility in Canada at its Strathcona refinery near Edmonton, Alta. The plant is expected to produce more than one billion litres of renewable diesel annually from locally sourced feedstocks, including canola oil, the company said on Thursday, noting this fuel... Read More
It's been nearly two years since the first in a series of five separate announcements were made regarding plans to build or expand canola crush facilities in Saskatchewan, largely in response to low-carbon fuel policies driving demand for canola oil. Announcements are one thing, but actual construction is another. While Ceres Global Ag has since... Read More
It's been a mild January so far in Saskatchewan, where star of the Beef Market Update, Anne Wasko of the Gateway Livestock Exchange, is reporting from today. Wasko joins guest host Lyndsey Smith this week to discuss cattle prices in the U.S., Western Canada, cattle-on-feed numbers, Canadian kill prices, and more. Check out the full... Read More
Grain marketing app company Combyne Ag has been acquired by Bayer Crop Science, joining Bayer's suite of digital tools for farmers. Combyne, which was known as FarmLead until 2020, will continue to operate at arms-length to Bayer's broader business, while benefiting from added resources and association with a partner with a shared vision, says CEO... Read More
While the longer-term outlook for exports to China, based on demographics, appears increasingly bearish, the short-term situation still has Canadian producers in a "sweet spot," according to a veteran western Canadian grain market analyst. China's National Bureau of Statistics reported the country's first official population decline in decades on Tuesday. While China's population still sits... Read More
Looking back over the past century, economic recessions have more often than not been preceded by a sharp rise in oil prices, as seen in the first half of 2022. Farmers and grain marketers should be looking to the energy market as a leading indicator for where other commodities are headed, according to a market... Read More
Nitrogen prices for North American farmers are no longer at their 2022 highs, but they still have a long way to drop before returning to where they were a few years ago. Where that floor is for the market will largely be determined by European energy policy, John Daniels, fertilizer product manager for Paterson GlobalFoods,... Read More
Who's buying, who's growing, and who's selling? Chuck Penner, founder of Leftfield Commodity Research, gave a grain market outlook at the Western Canada Crop Production Show at Saskatoon this week. RealAgriculture's Atley Hamlin caught up with Penner and asked about the pea, lentil, and chickpea market factors at play for the year ahead. Starting with... Read More
Beef and cattle markets south of the border started the year off steady and on solid footing, which is good news at the wholesale level. Does this steady market offer a suggestion of what's to come? For this first Beef Market Update of 2023, Anne Wasko, of the Gateway Livestock Exchange, joins Shaun Haney to... Read More