The CEO of Sollio Agriculture says there will be certain fertilizer products unavailable for the 2023 growing season, but that nitrogen fertilizer supply for purchases this fall and winter should meet the need of eastern Canadian farmers. Casper Kaastra, head of the co-operative, says there are three key times of year for sourcing nitrogen. Last... Read More
Category: Markets
CN Rail is preparing for more eastbound shipments of grain and other commodities from Western Canada. As part of its federally-mandated plan for moving grain in 2022-23, the railway says it's not only anticipating a much larger crop in Western Canada after last year's drought, but it's also expecting a re-balancing of trade corridors to... Read More
August is starting out with an optimistic undertone in the cattle markets with fed cattle prices faring better than analysts may have predicted. In the southern U.S., prices are rounding out around $1 higher at $136 towards weeks end, whereas the north is holding a premium at $142 to $146 and their dressed market is... Read More
With numerous global variables still affecting commodity market prices, putting on blinders and bringing the focus down to individual operations may be the wisest way to navigate the uncertainty. Grain markets are still under the influence of several major unknowns including the Russia-Ukraine war, how much grain China will actually export, and Taiwan strait tensions,... Read More
Could volatile be the new normal when it comes to commodity markets? With volatility being the only constant over the past while, it is certainly something that farmers and marketers are getting used to as they continue to try and navigate their way through fluctuating prices and variables that seem to be ever increasing. With... Read More
As we approach the back half of July (!!), what many consider the dog days of summer have arrived. It seems the cattle markets would agree. In the southern U.S., Texas trade is sitting lower than it has been, at $136, says Anne Wasko, in this week's Beef Market Update. In the northern U.S., it's... Read More
Perhaps the only thing that made 2022 fertilizer prices palatable was the equally high commodity market prices. However, as farmers look ahead to the 2023 growing season, many are wondering if the high input prices are here to stay, even against declining commodity prices. Josh Linville is the fertilizer director with StoneX Financial, and says... Read More
Saskatchewan’s opposition party is adding its voice to the group calling for an investigation into beef and cattle pricing in Canada. New NDP leader Carla Beck, accompanied by Agriculture Critic Trent Wotherspoon, toured the Ag in Motion farm show this week, and spoke to RealAgriculture about what she sees as priorities for the agriculture sector... Read More
The Bank of Canada surprised many this week, announcing a 100 basis-point increase in its interest rate. The market expected a 75 basis-point increase, and there was discussion of it being lower, not higher. Increasing interest rates are designed to curb inflation, which is climbing at an incredible rate. We want to know: what impact... Read More
The path of least resistance right now for these grain markets seems to be to the downside. That has more than a few analysts shaking their heads, and maybe going a little gray from all the volatility and the stress. Chip Flory, host of AgriTalk, says that there's all sorts of wild things happening —... Read More