Southern rust and late-season dryness are adding some uncertainty to U.S. corn yield potential, shifting fund positioning heading into harvest. However, the estimated scale and size of the crop (i.e. huge!), is weighing heavily on prices, and demand uncertainty makes it worse, says Ted Seifried of Zaner Ag Hedge. Seifried returned Friday from the ProFarmer... Read More
Category: Markets
It’s another record-setting week for the cattle market as RealAg Radio host Shaun Haney checks in with Anne Wasko of the Gateway Livestock Exchange for this Beef Market Update. As both U.S. and Canadian markets post new highs, attention turns to placements, packer margins, and the long-term outlook for herd rebuilding on both sides of... Read More
Fertilizer prices remain stubbornly high, even as commodity markets soften and farmers are right to question why. According to Josh Linville of StoneX, there’s no simple answer, but the global supply landscape isn’t helping. In this one-on-one with RealAgriculture’s Shaun Haney, Linville breaks down why nitrogen, phosphate, and potash markets are all behaving differently—and why... Read More
The continued threat of a New World screwworm outbreak and the resulting U.S.-Mexico border disruptions are reshaping North American cattle prices, animal flows, and feedlot dynamics. Don Close, senior animal protein analyst with Terrain, says the threat of screwworm is already having an impact on U.S. cattle placements, especially in the southern states. "We’re down…... Read More
The cash market remains strong for hogs with prices outperforming those seen in 2021 and 2022, defying typical seasonal downturns seen by marketing week 31, says Paul Marchand, senior risk management analyst with HAMS Marketing Services. Cutout values are staying counter-seasonally high, and tight supplies look like they could persist for six to nine more... Read More
In this Beef Market Update, Anne Wasko of Gateway Livestock Exchange joins RealAgriculture’s Shaun Haney to break down the latest cash and wholesale market moves, trade flows, and forward cattle sales activity — all against a backdrop of tight supplies and strong demand. Mid-August cattle markets remain on a hot streak, with both U.S. and... Read More
Deere & Co. (John Deere) revised its forecast for the current fiscal year lower in its Q3 earnings report released August 14, another sign of softening demand for the market leader and the entire ag machinery sector due to farm income concerns and mounting tariff costs. Key takeaways from the earnings report: Earnings guidance trimmed... Read More
By Daryl Fransoo, Saskatchewan farmer and chair of the Wheat Growers Association Western Canadian farmers are the backbone of our nation’s agricultural economy, producing world-class wheat, canola, pulses, and other grains that feed millions globally. As chair of the Wheat Growers Association, I’ve seen firsthand how our ability to get these crops to market hinges... Read More
An already heavy corn market just got heavier. The USDA WASDE report on Aug 12 contained the wrong kind of surprise for the commodity markets: a massive upward revision to U.S. corn production, with both acreage and yield numbers exceeding expectations and sending shockwaves through commodity markets. Fresh off the report release, Jim McCormick of... Read More
The Chinese government is imposing a new 75.8 per cent tariff on Canadian canola to begin August 14 — the latest development in the trade dispute that escalated a year ago when Canada announced tariffs on Chinese electric vehicles and steel. The new tariff on canola seed, announced today (August 12), is the preliminary result... Read More