With the election of Donald Trump this week, Canadians have reacted with comments falling into predictable camps. Like all people in society, Trudeau and Trump both have strengths and weaknesses and our view of their characteristics can follow party lines. Liberals brag that Canada has a "decent," compassionate leader that believes in climate change, equality,... Read More
Category: Markets
In the last month, live cattle prices have finally stabilized and it's welcome relief for everyone in the cattle business. Fundamentally, what is supporting this stability? According to Anne Wasko, with Gateway Livestock, there are tighter cattle supplies, cattle feeders are current, carcass weights are lower than a year ago for the first time since... Read More
Grain prices entered November still above where they’ve been the past couple of months but pulled back from their October highs due to some weather premiums getting erased, farmer sales, and profit-taking on the futures board. Ultimately, with harvest starting back up in many places, bullish attitudes have softened and those who have been rolling... Read More
Live cattle cash prices have been in the 2016-version of free fall, and many producers have been challenged trying to understand why prices at the grocery stores have not followed suit. As demand concerns rise, speculation is that beef prices in Canada must eventually fall to increase sales at the meat counter. In this week's... Read More
Grain markets continued their march higher towards the end of October, with nothing spooking the funds from continuing to push the complex up. For the week, soybeans and corn each pushed above their 100-day moving averages but ended up only gaining 2% and 0.75% respectively for the week. Wheat was the loser for the week,... Read More
Ontario corn production is down this year due to the drought, but that doesn't mean there will be a shortage of corn, says Peter Archer. Despite the dry summer, there are some respectable yields being reported in both the western side of the province and in the Ottawa Valley in the east, notes Archer (@maizingpete),... Read More
Oat prices have rallied over the last three weeks due to the poor harvest conditions in Western Canada. The December futures contract in Chicago has climbed more than 20 percent since the start of the month — from US$1.76/bu to around $2.15/bu. "Earlier it looked like we were going to have plenty of oats out... Read More
This year's harvest in Western Canada has had its share of adversity. As farmers attempt to finalize harvest with weather breaks, canola has broke above $500 per MT in the futures market. This week on RealAg Radio, Shaun Haney spoke with Jon Driedger, FarmLink Marketing Solutions about the canola market and how producers should feel... Read More
Grains this week got a solid lift on weather concerns, strong indications of better demand, and, subsequently, short-covering in the futures markets as more traders are getting optimistic that we’ve touched bottom. Corn is getting support from both domestic ethanol and feed demand while wheat pushed higher on some short-covering but gains were limited towards... Read More
FarmLead has launched an all-new mobile app available for iOS and Android platforms. The new app includes an optimized mobile interface, improved negotiation features, and expanded geographic coverage. This version of the FarmLead app also features an improved deal matching tool, allowing users to geo-locate offers. Deal negotiation now includes a chat feature, allowing buyers... Read More