Corn and soybean futures have trended lower since mid-summer, but with harvest in the early stages, at least one analyst thinks the lows might be in for corn while soybean values have further to fall. Bryan Doherty, senior market advisor with Wisconsin-based Stewart-Peterson, shared his market outlook at Big Iron in Fargo, North Dakota on... Read More
Category: Markets
From the Outdoor Farm Show in Woodstock to Big Iron in Fargo and across Canada, here’s this week’s update on harvest, markets and Canadian farm news: Poll: Indoor or Outdoor? Which Farm Shows are Best? Subscribe: iTunes | Android | RSS
Statistics Canada released its first crop production estimates using a new model-based methodology on Thursday. The model takes into account satellite data, as well as historical figures from the traditional StatsCan Field Crop Reporting Series and agroclimatic information. What wasn’t required in compiling the numbers was a survey of farmers. “The traditional survey relies completely... Read More
As harvest rolls on where weather allows, traders are getting a better handle on the yield and quality profile of this year's wheat crop. In this Wheat School episode, Bruce Burnett, weather and crop analyst with CWB (soon to be G3 Canada) Market Research, walks us through the supply/demand fundamentals as the new crop hits... Read More
This past week the PDQ (price and data quotes) website was launched for farmers across Western Canada. As noted by Tom Steve of the Alberta Wheat Commission, “This level of cooperation is encouraging and we look forward to improving the level of price transparency available for farmers and other industry stakeholders via PDQ.” In truth,... Read More
Winnipeg-based special crops marketing company Legumex Walker Inc. has signed a deal to sell its special crops business to The Scoular Company. With its Pacific Coast Canola plant in financial trouble, Legumex Walker announced in March it had formed a committee to explore options for selling all or part of the company, possibly including its... Read More
On Friday, September 11, 2015 (a historic date in its own right), the USDA released its latest world agricultural supply and demand estimates. Most expectations going into the report were that the world crop soothsayers would keep things relatively mute on a global level, and downgrade U.S. production. Alas, the boys and girls in Washington,... Read More
The Alberta Canola Producers Commission has decided it will no longer collect daily cash prices after the launch of the Alberta Wheat Commission's prairie-wide grain price reporting website this week. The ACPC has compiled and posted regional grain cash prices and weekly feedgrain price reports since assuming responsibility from the Alberta Grains Council in October... Read More
Is there an ideal exchange rate for Canada's agriculture industry? That depends, of course, on what you're selling or what you're buying, and it's rare to win on both sides of that equation. What's more, farmers have no control over currency changes, so how can farmers best prepare for managing currency risk? That's the topic... Read More
The Alberta Wheat Commission has launched the first phase of its crop price reporting website aimed at helping farmers make more-informed marketing decisions. As of September 8th, the website — known as PDQ, short for "Price and Data Quotes" — is providing daily regional spot and forward bid prices for red spring wheat, prairie spring... Read More