The big corn Ontario crop of 2023 is doing what analysts suspected it would to cash prices — and it's not a rosy picture. Phil Shaw, market analyst and farmer from Dresden, Ont., says that a seasonal post-harvest rally didn't even happen, which was a little surprising, and Ontario farmers have got plenty of corn... Read More
Category: Markets
There are reasons to feel some sustained optimism in cattle markets right now, as trade is holding steady while feed costs dip slightly, says Anne Wasko in this week's Beef Market Update. Cattle prices held strong to steady this week in the more northern regions, which is good news, even if trade was quite light... Read More
GrainFox, a subsidiary of Farmlink Marketing Solutions, has announced its entry into the U.S. market via a partnership with Chicago-based market advisory firm AgResource. "We are thrilled to announce our partnership with AgResource as we expand into the U.S. market. This collaboration is a testament to our commitment to providing producers and agribusinesses with the... Read More
Monday, U.S. ag secretary Tom Vilsack released the final wording of the "Product of U.S.A." label requirements as it relates to several products, including beef and pork. Though voluntary, the rule is as restrictive — or more — than the mandatory country of origin labeling (mCOOL) requirements that spawned years and years of trade disputes... Read More
Canadian farmers will be planting more pulse crops, oats, and durum in 2024. Acres of corn and soybeans are expected to be similar to last year, while wheat and canola area is expected to drop slightly, according to Statistics Canada's acreage estimates published on Monday, March 11. Most of the estimates were within the range... Read More
Houston, we have a problem — and it's larger-than-ideal crop supplies available combined with lagging demand for some oilseed and crush byproducts. That's at least part of what is going on in the oilseed complex, says Tyler Schau of AgMarket.net. He spoke with Shaun Haney at Commodity Classic last week held at — you guessed... Read More
We know the Canadian cattle herd has been shrinking, but by how much? In this week's Beef Market Update, Anne Wasko shares the January 1, 2024 Canadian cattle inventory numbers and provides some context on not only what it means for the current beef and dairy cow herd, but also how the inventory breaks-down by... Read More
Have you got your bushels covered? Matt Bennett of AgMarket.net says that if farmers still have a lot of unpriced grain, it's going to take some work to minimize losses in the next few months. Bennett spoke to several farm audiences at Commodity Classic at Houston, Texas, this week and he says farmers are listening... Read More
Sales of new tractors and combines have slowed down from a year ago, almost certainly due to lower commodity prices and higher interest rates. Combine and four-wheel drive tractor sales ended 2023 up slightly while sales of small tractors were down — in both the U.S. and Canada "As we look ahead to 2024, we're... Read More
The fertilizer market of yore could be relatively dependable for ebbs and flows in pricing. There were general seasonal highs and lows that storage-savvy farmers and retailers could use to their advantage. But in the last five years, on-farm storage has been as much about secured access as it has been about cost. The year... Read More