We're starting this Beef Market Update off on a positive note: retail demand. Retail sales are looking really strong as we head into the last week (?!) of January — and about a month out of the holiday season, notes Anne Wasko of the Gateway Livestock Exchange. As she explains, there is usually a bit... Read More
Category: Markets
The lake freighter MV Saginaw said farewell to the Port of Thunder Bay en route to Windsor, Ont. with a load of grain last week, marking the end of the port's most successful shipping season in over twenty years, driven by a surge in grain exports from the Prairies to eastern markets. A combination of... Read More
It was January 18, 2017 when a global food ingredient company based in France announced plans to build the world's largest facility dedicated to producing pea protein at Portage la Prairie, Manitoba. Fast forward four years, and Roquette's new 200 thousand square foot pea processing plant has started accepting deliveries from farmers. In fact 163... Read More
The rising carbon tax charged to railways while exporting grain will reduce the farmgate value of crops grown in Western Canada by several dollars per tonne, according to a pair of reports published over the past two weeks. The Agricultural Producers Association of Saskatchewan (APAS) has released new calculations that say the federal government's proposed... Read More
When it comes to farming, there are many moving parts and uncontrollable variables. How do you manage all the risk? Steph Berlett of Agromart Group says that we have to do everything in our power to manage the variables that are in control. "Everything we do in farming is risk management. We're banking on the... Read More
Saskatchewan's crop commissions are going to be pushing for mandatory grain export reporting, as well as continuing their effort to have farmers rewarded for sequestering carbon, following their 2021 annual general meetings this week. SaskCanola, Sask Wheat, SaskBarley, SaskFlax, SaskOats, and Saskatchewan Pulse Growers hosted their annual meetings in a virtual version of the annual... Read More
Struggling with what to make of the markets lately? Moving the market, in this moment, is the latest WASDE report; and to help break it down for us is Jon Driedger of Leftfield Commodity Research, joining host Shaun Haney for today's RealAg LIVE! Tune in for a new LIVE! Q&A every weekday at 3 pm... Read More
With prices at multi-year highs, all eyes in the grain market were on the United States Department of Agriculture's (USDA) first report of the calendar year on Tuesday. And the reaction to the report did not disappoint. The futures market responded bullishly to the January World Agricultural Supply and Demand Estimates (WASDE), with old crop... Read More
There are some aggressive targets for a reduction of fertilizer in the new climate plan proposal recently released by the federal government. At first glance, the support of the proposal by Fertilizer Canada doesn't make a lot of sense. To explain, Clyde Graham, executive vice president of Fertilizer Canada, recently chatted with Shaun Haney on... Read More
It's the early days of 2021, but we're hoping for a great year in the beef markets. Will that be the case? Anne Wasko of the Gateway Livestock Exchange says although we are are off to a bit of a slow start, the futures market is telling us change is coming. Markets are in what... Read More