Its the beginning of February which means it is time for the annual National Cattleman's Beef Association (NCBA) meeting. With the cash market higher and feed prices lower than a year ago, cattle producers are seeing some strong margins and reasons for putting increased cattle on feed. Shaun Haney and Anne Wasko discuss the meeting... Read More
Category: Markets
Anyone that has ever fed cattle has targeted a hole in the market to get a better price at some point. Sometimes the hole develops as predicted and sometimes the market adjusts and the hole is no more than a dent. In the first four weeks of January, cattle packers in the US found themselves... Read More
If there's one crop that's been generating buzz this month, it's oats, followed closely by flax. A plugged supply chain for our export markets has several farmers exploring other viable crop options for the 2014 growing seasons. Hot on the heels of this, the federal government recently announced funding for the oat market to re-build... Read More
The Canadian dollar has been very comfortable at par for quite some time. So much so, that it well and truly was the new normal. Recently, however, a few factors have converged to pressure the loonie’s value. The question is, is this a blip or a trend, and who wins and who loses in the... Read More
Nineteen years out of the last 23, you'd have saved money by pre-buying your fertilizer in the fall. Of course, fall application of fertilizer is subject to high rates of losses, potentially negating any savings and having a negative impact on the environment, and storing fertilizer isn't always possible. So, it's not surprising then that... Read More
Explosive. It's the only way to describe beef cash prices out of the U.S. this January. Sure, yes, there was optimism about what 2014 would bring, but no one could have expected this giant jump in prices as the market resumed after the holidays. Need production info? Click here to see all 30 episodes of... Read More
An unattractive basis is meant to discourage grain sales, but what happens when farmers are willing to sell even then (cash is getting tight, y'all) but bids disappear entirely? Then you have the grain marketing mess that is early 2014. Hear more: Check out all our coverage from CropSphere 2014 Chuck Penner (@LeftFieldCR), with LeftField... Read More
While many of us industry types were getting back into routine this week, the bad weather hangover in Ontario was still raging. Our own Shaun Haney got hung up in Las Vegas while trying to get to the Southwest Agricultural Conference (SWAC), and even Bern Tobin, our Ontario field editor missed the first day do... Read More
While the fundamentals seem to hint at conditions being right for the Canadian cow herd to begin an expansion phase, it’s not happening. Cull rates of about 10% would signal ranchers building their herds; 2013 numbers will end up somewhere about 15%, a number more synonymous with liquidation than expansion. According to Brian Perillat, senior... Read More
If the NOTORIOUS B.I.G was a market analyst he would describe the current situation in Western Canada as, "Mo crop, mo problems" (was that a reach???). The 2014 Western Canadian crop is very large, on farm storage is full, railways are jammed and ports are shipping as much as they can. Get More: If you... Read More