Surging wheat markets mean there's plenty of profit potential in high protein wheat, and Peter Johnson has some tips to help you cash in on those premiums. In this episode of RealAgriculture Wheat School, Johnson, our resident agronomist and shameless wheat promoter, shares protein management insights for growers in Western Canada and spring wheat growers... Read More
Category: Markets
As we turn the calendar into July, we’re taking a look back at the markets over the last six months. We’ll also offer our expectations for the balance of 2017. In our 2017 Grain Markets Forecast (posted in January), we made several timestamped projections. You can review them here at your convenience. The U.S. Federal... Read More
In Canada we do not talk about biofuel production like they do in the United States. I attend many farmer meetings across the country and rarely do I hear talk on the agenda or in the hallways about ethanol or biodiesel production in Canada. In the U.S. ethanol production is a major user of the... Read More
India's government has give notice of another six-month exemption regarding its fumigation requirements for agricultural commodities shipped to the country, but it looks like shipments to Canada's largest pulse market could face another trade obstacle — much higher inspection fees — upon arrival at Indian ports. Saskatchewan Pulse Growers (SPG) says "additional clarity is required"... Read More
Grain markets were mostly quiet this week. Well, that’s not entirely accurate. Wheat was on fire. Everything else traded pretty much sideways. For the week, Minneapolis wheat gained over 15%, or more than $1 USD/bushel. More impressive was the 34% gain for the month of June, or the 40% improvement since April 1st (the start... Read More
Statistics Canada slashed its estimate for 2017 spring wheat area by almost 900 thousand acres on Thursday, providing further fuel to the fire that's been the spring wheat market over the last month. Back in April, StatsCan projected 16.7 million acres of spring wheat. In the update published on June 29, spring wheat area is... Read More
Canadian farmers planted 22.8 million acres of canola and 7.3 million acres of soybeans this spring, according to the Statistics Canada acreage report published on Thursday. For canola, that's well beyond the record area projected in April of 22.4 million, and 12 percent higher than the 20.4 million acres grown in 2016. While there are... Read More
November is always a very interesting time for the markets. Analysts begin to have an idea of the crop volume and quality and farmers and looking to solidify their new crop marketing plans and are already beginning to think about planting intentions for the coming spring. Farmers also have to increasingly pay attention to the... Read More
Grain markets started losing some of their lustre this week as favourable weather didn’t turn out to be so helpful for the bulls. Going into the last week of the quarter and the month, we’re about to get some major reports that the market is preparing for. On Thursday, June 29th, we’ll get Statistics Canada... Read More
Montana-based cattle membership organization R-CALF has launched a multi-pronged attack to convince President Trump to reinstate mandatory country of origin labelling (MCOOL) in the upcoming renegotiation of NAFTA. On Agritalk on Thursday, R-CALF CEO Bill Bullard argued for MCOOL on the basis it supports President Trump's "America first" policy, food safety, and America's sovereignty, since... Read More