Using a combination of machine learning and AI, input from analytical teams, current and historical market data, regional aggregate data, and insights its network, GrainFox launched the Smart Advisor platform this week. “As the only technology of its kind in North America, GrainFox’s ability to deliver personalized farm wealth solutions around the clock to producers... Read More
Category: Markets
Rising costs and inflation are a hot topic right now, but what are the overall trends being seen in consumer choices in the long term? Heather Thomson is the executive director at the Alberta School of Business Centre for Cities and Communities and she spoke at the Ag Awareness Summit at Saskatoon last week. Thomson... Read More
Believe it or not, winter is going to quickly come to an end, and cattle markets are picking up on this. As we pass mid-February, the seasonality in the cutout price is starting to pick up, says Anne Wasko of the Gateway Livestock Exchange, as we make it through the lull of January and February.... Read More
The former governor of the Bank of Canada says he expects inflation will drop quicker than many are predicting and that real interest rates will remain low in the long term. Stephen Poloz shared his economic outlook during a keynote presentation at the CropConnect Conference in Winnipeg on Wednesday. Many of the economic parameters that... Read More
North American pork supply is predicted to be tight in the first quarter of 2023, with uncertainty around consumption levels, but there is hope for increased trade opportunities. Cost pressure is increasing across the board from feed, to labour, to fuel. The value chain is feeling this inflationary pressure, says Christine McCracken, senior analyst of... Read More
All eyes were on the global supply situation as the United States Department of Agriculture (USDA) released its February World Agricultural Supply and Demand Estimates (WASDE) report on Wednesday. The ongoing drought in Argentina, and the Russia/Ukraine war have many focused on global stocks and balance sheets. Overall, the report was seen as generally neutral,... Read More
The expansion in canola crush capacity in Western Canada over the next few years is expected to create opportunities to not only maximize the amount of canola meal in domestic animal feed rations, but also to unlock new demand for feeding livestock and fish in the Indo-Pacific region. "We're probably seeing about another three million... Read More
Wheat markets tend to err on the side of boring, as its one crop that is grown in essentially every region of the world. That said, ignoring what's ahead for the market could leave real dollars on the table if growers aren't paying attention to market moves. Neil Townsend, of FarmLink Marketing Solutions and GrainFox,... Read More
We've got some supply issues in the cow/calf sector, and we need to rebuild the U.S. cow herd. This is the message that Kevin Good, vice president of CattleFax, is sharing this week at the National Cattlemen's Beef Association Conference (NCBA) at New Orleans, Louisiana. After four years of massive liquidation across parts of North... Read More
There are convincing arguments to be made on grain markets moving to the up and to the down side. Right now, the bulls seem to have a slight edge, but all that could change quickly, says Neil Townsend of FarmLink Marketing Solutions and Grainfox. A general lack of big news has kept markets in a... Read More