As we say goodbye to October, colder weather is setting in just as the markets could be warming up. More than a few analysts are pointing to soy meal as a driver of the sustained rally we’ve seen in the grain markets recently, but the move is now beyond “rational levels”. With an increase in... Read More
Category: Markets
Are you ready for corn prices down around $2.70/bushel, or soybeans under $7 next fall? Those numbers were included in some of the projections shared in Winnipeg this week, as market analysts and traders from around the world gathered for the second annual Cereals North America market outlook conference. The conference was organized and co-hosted... Read More
The bulls have continued to lead grain markets higher over the past week, translating into a selling opportunity for 2015 and even 2016, according to bearish analysts. From the Cereals North America market outlook conference in Winnipeg, here’s our weekly farm news recap for October 30th, 2014. Kelvin recaps what’s happened in the markets, the... Read More
Hello! If you visit this site regularly you'll be very familiar with me, because my work is everywhere. If for some reason you haven't heard of me, my name is Rhett Soveran and I joined the RealAg team at the beginning of the year as the Product Manager. I handle all the technical stuff that... Read More
Farmers of North America says its bid to acquire the former Canadian Wheat Board and its grain handling assets has been rejected by CWB's management. FNA was looking to raise up to $380 million from Western Canadian farmers to purchase a majority stake in CWB and use its assets to launch a farmer-owned grain and... Read More
Quality problems with this year’s durum crop in Italy and France, combined with the worst quality crop on record and lower yields in Canada, have resulted in skyrocketing prices for durum. Buyers are scrambling to find higher quality supplies for pasta production, says Neil Townsend, director of market research with CWB, in the interview below.... Read More
Grains started to trek higher this week as we head towards the end of the month, mostly due to international market prices picking up pace. However, by Friday, October 24th, it appeared that the rally was short-lived as the market dropped well below its monthly highs. Specifically, canola almost made it up to $420 per... Read More
The World Trade Organization has ruled against the United States once again in the ongoing dispute over American country of origin meat labeling (COOL) rules. Implemented in 2008, the Canadian government says COOL is costing Canadian cattle and hog producers a billion dollars per year. Legal Fight Against COOL Remains Alive, With WTO Ruling Coming... Read More
The darkest days in the flax industry are in the past and the future is looking bright, according to the head of the Flax Council of Canada. There's excitement surrounding flax, with new and more-diversified demand, stronger prices and a renewed effort to improve agronomic aspects of flax production, says Don Kerr, the new president... Read More
The volatility of the market is always a gut wrencher. The fundamentals of the beef market are still strong but the evidence of a correction this week was according to some very warranted. In this weeks Beef Market Udpate, Anne Wasko and Shaun Haney discuss this correction and the signs for the future. Additionally, Anne... Read More