Often when talking about the cattle markets, we talk about carcass weight, but sometimes without even completely realizing what it means or what the average weight can tell us. Anne Wasko of the Gateway Livestock Exchange says at the end of the day, we're all selling beef tonnage — pounds of beef is what consumers... Read More
Category: Markets
There's plenty of uncertainty in 2023 grain markets. The potential for big corn and soybean acres combined with weak economic performance could push prices lower as the year unfolds. But there's still plenty of profit opportunity, says AgMarket.Net co-founder Jim McCormick. He shared his take on the markets while participating in a market panel at... Read More
The calendar says it's spring, and we're ramping up quickly towards the seeding season. Although plenty of cropping plans are already completed, it's that time of the year where last-minute decisions are going to be on the table. Neil Townsend, market analyst with GrainFox, joined Lyndsey Smith on Wednesday's edition of RealAg Radio to discuss... Read More
It's been nearly six years since Canada ratified a major trade agreement with its second largest trading partner, the European Union. While the deal has been hailed as an overall success, it has yet to live up to its potential when it comes to agricultural exports from Canada. At the time in 2017, it was... Read More
There are lots of things we are always keeping our eyes on in the cattle markets, but today, our eyes are on the fed cattle markets. Since our last Beef Market Update with Anne Wasko of the Gateway Livestock Exchange, the U.S. markets have taken a bit of a dive, while in western Canada we... Read More
There is growing caution among analysts on where markets will land at and after harvest 2023, as some inflation pressures ease and prices drop. Input prices have pulled back, too, but for those who may still need to price product, the clock is ticking. Kevin McNew, vice president of research and chief economist for Farmers... Read More
Anxiety levels have been increasing across the board, as producers have their eyes on the commodity markets. Many people are feeling less assured the markets are on stable ground. Tyler Schau, of AgMarket.net, says we've had a pretty good three-year run, and if we follow the cliché, all good things must come to an end... Read More
With changes in production around the world, fertilizer and commodity prices have fluctuated significantly in the last eight to 12 months. Josh Linville, vice president of fertilizer at Stone X, says it depends on the market, but just about everything today has a very bearish slant to it. When you look at the nitrogen market... Read More
If you've been following along with the cattle markets, you'll know the choice cut out has faced some extreme gains over the past five weeks. Naturally, it makes sense that the markets are going to take a bit of a breather, says Anne Wasko of the Gateway Livestock Exchange, but that doesn't mean we are... Read More
The expectation of Canada's gross domestic product number (GDP) wasn't great — analysts predicted 1.5% GDP growth in Q4; Farm Credit Canada was slightly more optimistic at 1.7%, but both expectations were off. The GDP growth for Q4 ended up being — wait for it — zero. J.P. Gervais, chief economist for Farm Credit Canada... Read More