Geopolitics, interest rates, currency fluctuations, market demand and the weather — there's much for farmers to consider when making business decisions in a volatile market. Meteorologist and market analyst Shawn Hackett says it's important for farmers to have a good understanding of all the factors that can impact prices to build effective marketing strategy. At... Read More
Category: Economy & Financial Markets
It's time for the Frontlines podcast! Shaun Haney is joined by Jacob Shapiro of Cognitive Investments, to tackle the top geopolitical issues impacting agriculture. Up for discussion in this episode: Skirmish in the Red Sea — the U.S. is working to stop Iran-backed Houthi attacks in the shipping lane Logistics are definitely impacted, but is... Read More
The Bank of Canada considers several economic factors each month as it decides on what to do with the overnight rate. The overnight rate has risen from 0.5% in March of 2022 to 5% by mid-2023, however the BoC has held firm on the rate for a few months now. Expectations are for a decrease... Read More
Welcome to the latest edition of our new (how long can we call it that?) monthly podcast: "Frontlines — Geopolitics affecting agriculture," with Shaun Haney of RealAgriculture and Jacob Shapiro, geopolitical analyst with Cognitive Investments and Perch Perspectives. As you would expect, this episode features a discussion on the Israel-Palestine conflict as it continues to... Read More
Big things happen in a big world and yet somehow the grain markets are still transfixed by what number the ProFarmer Tour is likely to come out with on Friday regarding corn production estimates for the U.S. Neil Townsend, Grainfox market analyst, says it's a bit strange to think that Russia can literally bomb infrastructure... Read More
Can we make it around the world in 27 minutes? We can if it's a discussion on geopolitical happenings that impact North American agriculture! Settling in for their monthly discussion, RealAgriculture's Shaun Haney and Jacob Shapiro of Cognitive Investments dig in to what the recent Russian attacks on port and logistics infrastructure might mean to... Read More
The current commodity markets are a key economic indicator, and as many are well aware, in the commodity world the key indicator is crude oil. Where crude goes, so does the rest of the commodities, says Errol Anderson, president of ProMarket Communications Inc., based at Calgary, Alta. As things look according to Anderson, there's a... Read More
Wheat. A mainstay of crop rotations globally and a huge part of the Canadian export market, wheat has not had a great run the last few weeks. To unpack all that's going on with this market, we go to Brian Voth, founder of Intellifarm Inc., based at Manitoba. First, Voth says we need to check... Read More
It wasn't that long ago that Prime Minister Justin Trudeau's government announced it would return to balanced budgets once the pandemic spending was over. Last week's federal budget is the first real post-pandemic spending plan, and instead of a return to balance, the projected deficit sits at around $40 billion, with no clear indication of... Read More
There's plenty of uncertainty in 2023 grain markets. The potential for big corn and soybean acres combined with weak economic performance could push prices lower as the year unfolds. But there's still plenty of profit opportunity, says AgMarket.Net co-founder Jim McCormick. He shared his take on the markets while participating in a market panel at... Read More