Statistics Canada issued its "final" crop production estimates for 2016 on Tuesday morning, leaving it up to the market to interpret how much crop was harvested after the agency surveyed producers. The November Farm Survey was conducted between October 21 and November 13 — just as farmers in Alberta and Saskatchewan were getting back into... Read More
Category: Markets
Grains pulled back from last week's highs as profits got locked in to end November and the trade got really choppy. The news that OPEC would cut production by 1.2 million barrels for six months couldn’t help oilseeds recover from its highs made last week, but canola did track soy oil, as each were up... Read More
Canola supplies could be tight this year, as the market awaits Statistics Canada's new crop production estimates on Tuesday (Dec. 6.) The canola number, which is expected to fall somewhere between 18.2 and 19.7 million tonnes, will have to be interpreted with the timing of StatsCan's survey in mind. The agency surveyed farmers from Oct.... Read More
If your wheat stand looks more like a golf green than a cereal crop, should you still put down clover early in the spring? And why the push for longer season varieties? Yes, it's time for Wheat Pete's Word here at RealAgriculture, and Peter Johnson has a fact-ion (see what we did there?) packed podcast... Read More
Every market needs a buyer and a seller. In the big commodities, there can be many stakeholders in between the two most important entities. What if the middlemen were removed to actually directly connect buyers and sellers around the world? This is the goal of Agriprocity, founded by Nicole Rogers and based in Dubai. The... Read More
Grain markets got an American Thanksgiving boost as an unexpected update from the U.S. Environmental Protection Agency (EPA) surprised the oilseed complex, with soyoil leading, up 7.4% for the week. Soybeans weren’t far behind as they continue their run, up 5.1%, while canola held on a bit to climb 2.6%. Corn was supported by the... Read More
President-elect Donald Trump says he plans to spend part of his first day in the Oval Office issuing a notification of intent to withdraw the U.S. from the "potential disaster" that is the Trans-Pacific Partnership. Trump has spoken in favour of bilateral deals, and possibly got a jump on one with Japan by meeting Prime... Read More
It's Agribition week in Regina, and Shaun Haney is there to take in all there is to see (and smell!). He managed to eek out enough time to catch up with Anne Wasko, of Gateway Livestock Exchange, for another edition of the Beef Market Update. Wasko starts with the recent USDA cattle on feed report... Read More
One week after Donald Trump was voted in as the next President of the United States of America, the U.S. Dollar hit a 14-year high and surprisingly, commodities didn’t tank. After a volatile election and W.A.S.D.E. week, all grains ended up for the week, led by oats which gained 2.8% since last Friday. Corn was... Read More
The US cattle on feed report came out this afternoon. As feeders, ranchers and long traders are looking for reasons for a higher market next the week of November 21st, this report will leave them with limited answers on market direction. Read the USDA Report Anne Wasko describes the report: Today’s U.S. Cattle on Feed... Read More