The U.S. cattle market was steady again this week, continuing to chop, chop, chop sideways, with cut out prices climbing slightly, though still at sluggish pace. Here in Canada, the average weekly price is in the low 170s, and, according to Canfax, that’s the first time since 2017 the weekly average has held in this… Read More
Happy Wednesday, all! It’s time for another episode of RealAg Radio, sponsored today by MNP. Shaun Haney is back in the host seat as well — so buckle up, it’s going to be a good show. You’ll hear: Kody Blois, Liberal member of parliament for King-Hants in Nova Scotia, and chair of the Parliamentary Standing… Read More
It’s no surprise that many cattle feeders are still facing negative margins. The combination of negative margins and a basis wider than we would like to see have created a question for many, says Anne Wasko of the Gateway Livestock Exchange. From the producers’ perspective, what do we need to do to make this basis… Read More
Supply chain issues continue to cause disturbances as the U.S. IP soybean market has product but is finding it increasingly difficult to secure transportation to export to the countries with the highest demand. As Canadian producers are working to fulfill contracts around the world, producers south of the border are looking to do the same… Read More
Drought, offshore import shortages, and labour disruptions are among several factors CN Rail is juggling as the railway continues to work in overdrive to ensure products and commodities get to where they need to be. Many people likely think of trains running westbound bringing goods to the coast, however in recent times, where it seems… Read More
It’s not easy to get a handle from an economic perspective on what some of the outcomes and the impacts are of the Russian invasion of Ukraine. It’s already caused inflationary pressure, as Russia becomes cut off from the rest of the world, but as Kevin McNew, chief economist at Farmers Business Network (FBN), explains,… Read More
The electrical current that makes the global supply chain run is reliability and predictability. If ever someone had “unplugged” that current, it’s now. Mike Steenhoek, executive director of the Soybean Transportation Coalition, says that the past few weeks and few years have been a real eye-opener for some, that what happens half-way across the globe… Read More
In the near term, at least, all bets are off as to just how high fertilizer prices might climb. “We already had situation where last fall, China had stepped out and said ‘no more exports of fertilizer, phosphate and nitrogen.’ That was bad. Now all of a sudden we are talking about removing Russia. That… Read More
The head-spinning volatility in the grain markets that has coincided with Russia’s invasion of Ukraine is expected to continue for a while, as the market continues to grapple with what the war means for a supply-demand scenario that was already tight. “We need to remember the table was set coming into this. We were already… Read More
It’s been a wild ride for the commodity markets in light of what’s happening with Russia’s invasion of Ukraine. Chuck Penner of Leftfield Commodities Research joined RealAg Radio on Wednesday to help interpret a bit of what is happening, in what is a very fluid situation. As Penner explains, it’s tough to even talk about… Read More
This interview was recorded on Wednesday, February 23, the day before Russia invaded Ukraine, an action that has since closed key ports for grain movement and disrupted fertilizer supply chains out of the region. We considered not posting this audio interview because the situation has changed so dramatically; however, much of the discussion is still… Read More
If you’ve been following the markets lately, you’ll have noticed moves in the wheat markets in the past couple of days, driven by geopolitics. But what’s going on with soybeans? Neil Townsend, chief market analyst with FarmLink marketing solutions, joins RealAg Radio host Shaun Haney to discuss the impacts as Russia starts to make moves into… Read More
There’s so much going on in the geopolitical scene right now, and all that works its way back in to the markets. The focus right now is squarely on Russia and Ukraine and how the current political situation is impacting markets. Joining RealAg Radio host Shaun Haney to break it down is Arlan Suderman, chief… Read More
When it comes to talking about markets, we focus on the uncertainties; things we don’t know. However, sometimes we need to focus on what we do know. Peter Rohde, of IHS Markit, says what we do know right now is that we need to stay focused on the U.S. balance sheet, as it continues to… Read More
The economic state of affairs for Canada right now is an interesting mix of rising prices, decreasing unemployment, and strong demand for export goods. There are both positive and negative factors at play in Canada’s economic recovery from the pandemic. Craig Klemmer, principal economist at Farm Credit Canada says that we’re seeing different levels of… Read More
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