It's hard to avoid news about inflation from major news outlets these days, and caught up in it all is the rising cost of food. Kevin Grier of Kevin Grier Market Analysis and Consulting has published a grocery trade report for September that includes food inflation numbers. He joined Shaun Haney on RealAg Radio recently,... Read More
Category: Markets
Natural gas prices have increased in Europe, and China is facing its own issues with coal, leading to energy shortages on both continents. Understanding the likelihood of skyrocketing energy prices in Canada takes some understanding of the factors at work, and to shed light on the situation, Brendan Cooke, policy analyst at Canada West Foundation,... Read More
The news is not good this fall. The rising cost of food and housing is eclipsed by the rising cost of energy both here and abroad. Supply chains are disrupted, and global supplies of everything from electronic chips to dishwashers is uncertain. In the face of it all, farmers are having to make decisions regarding... Read More
There's a lot happening in the cattle markets as we hit mid-October (?!) already. Anne Wasko of the Gateway Livestock Exchange says the markets south of the border have held mostly steady, at around $124 for live cattle in the south, and $124-$125 in the north, while noting the cutout drop-off we are still seeing.... Read More
If you've had to go fill your fuel tank recently you've likely noticed a significant cost run-up. Patrick De Haan, head of petroleum analysis at GasBuddy, says on average the price of gas is higher than it has ever been, at an average of $1.45/L across the country. There are numerous reasons for this, but... Read More
U.S. soybean yields and ending stocks will be larger than the trade was expecting, according to the U.S. Department of Agriculture's October supply/demand report. Based on the reaction in the futures market, the USDA's October numbers, released Tuesday, were bearish for soybeans, somewhat bearish for corn, and bullish for wheat. The average American soybean yield... Read More
How many calves are left for the fall run? The answer could be more than usual; however, with the dry conditions in 2021, it's also possible the very early start to the run means there are fewer calves left to come to town. The answer to where the fall run volume — and prices —... Read More
It wouldn't be 2021 if a product shortage wasn't yet again making headlines. This time, it's fertilizer — phosphorus, to be exact, as China plans to essentially eliminate phosphate exports through to June 2022. Josh Linville, director of fertilizer with StoneX, recently joined RealAg Radio host Shaun Haney to discuss the latest developments, and why... Read More
The United States Department of Agriculture (USDA) released its September 1 Cattle on Feed report Friday afternoon. According to the report, feedlots with a capacity of 1,000 or more head with cattle and calves on feed for the slaughter market totalled 11.2 million head as of September 1, 2021. Year over year, the inventory is... Read More
What are the risks for the 2022 crop? Weather, of course, is always a factor, but what about the markets? What if we can compared the risks of the market declining, to the possibility of input prices further rising? Margins could be a heck of a lot tighter next year, unless commodity prices make moves... Read More