Grain markets were mostly able to squeak some gains this week despite limited news, other than it looked like there would soon be an end to the U.S. government shutdown. However, pessimism in getting a deal to end the trade war between China and the U.S. kept gains in check, and actually kept corn prices... Read More
Category: Markets
Chances are, if you like the look of old crop oat prices your neighbours do, too. And while the human consumption oat market is steady to increasing, Lorne Boundy, with Paterson Grain, cautions against counting on that to keep prices where they are. With old crop prices taking off and sitting around $4/bu in southern... Read More
Although the wheat market is often considered a stagnant one, it is in fact growing, says Marlene Boersch, owner of Mercantile Consulting Ventures. The market only seems stagnant because supplies have been growing as fast as demand. This may be changing, however, as Russia's — one of the world's largest wheat exporters — upward trend... Read More
With so much uncertainty in the major soybean markets, canola prices continue their sideways movement, largely because the big trading funds are simply staying out of the market for now. Even if the U.S. and China resolve their trade issues, will we see a big uptick in the canola market? That remains to be seen,... Read More
Grain markets performed well on Friday, January 18th, to help them recover some losses from earlier in the week. Oats, corn, soybeans, and canola all made positive gains compared to the previous Friday, while wheat prices ultimately closed 0.5% lower for the week, despite gaining a few cents this Friday. Ultimately, grain prices continue to... Read More
How quickly the weather can turn, as just the beginning of this week the winter weather in Saskatchewan was mild — but by the end of the week, Anne Wasko, of the Gateway Livestock Exchange, was bundled up battling the deep freeze at the Saskatchewan Beef Industry Conference held in Regina. That's where we kick... Read More
When the RealAgriculture team attends major events, such as Crop Week in Saskatoon, we like to get together and compare some notes on the event. Sometimes we do a wrap up, and sometimes we make lists, because who doesn't like a good list? This week Shaun, Jessika, and Dale were all in Saskatoon to take... Read More
Price fluctuations, higher input costs, and weather-related challenges over the past year took a toll on Canadian net cash income in 2018, and that lower to flat income is projected to continue into 2019, says agriculture economist J.P. Gervais. The chief agricultural economist for Farm Credit Canada says that, even so, the overall the long-term... Read More
Grain markets are mixed as we start the first full week of the 2019 calendar year of trading with trade negotiations between the U.S. and China wrapping up, all while the U.S. government shutdown remains. This meant there was no WASDE report released on Friday — the day it was supposed to be . In... Read More
Viterra wants to make sure producers don't miss another opportunity to market their grain when they want to – even if you're at the lake, and the lake is in Arizona. The company is launching its suite of online contracting options through its portal "myViterra." According to the news release, customers can use their accounts... Read More