Markets
Just as grain starts flowing out of Ukraine’s ports comes the news that another major exporter is curtailing shipments halfway around the world. A ship loaded with 26,000 tonnes of Ukrainian corn left the Port of Odesa on Aug. 1, destined for Lebanon. It was the first shipment to leave the country under a new […] Read more
Markets
Mosaic sees fertilizer demand supported by tight crop supplies into 2023
Aug 1 (Reuters) – Mosaic Co. said on Monday it expects tight grain and oilseed markets into 2023, encouraging the continued use of fertilizers despite their surging costs. “The war in Ukraine, high temperatures in North America and Europe, and developing drought conditions in parts of South America highlight the risk for reduced yields globally,” […] Read more
North Dakota wheat crop prepares for rebound
North Dakota has a bumper crop of spring wheat on the way, according to the co-ordinator of an extensive three-day tour of the state’s wheat fields. “It looks like a pretty late-planted crop that has really got great potential,” said Dave Green, executive vice-president of the Wheat Quality Council. The group is forecasting a record […] Read more
Domestic fertilizer prices go global
If farmers think their fertilizer supplies and prices are going to be based on local dealer supplies and nearby fertilizer production, they’re missing the real picture. It’s more important to understand what’s going on in Lithuania, Belarus, China and Russia, StoneX fertilizer market analyst Josh Linville told farmers at Ag in Motion. “I don’t care […] Read more
Mustard puts Sask. on the world stage
The world will beat a path to your doorway if you invent a better mousetrap, they say. That also applies to being a place like Saskatchewan that produces rare, high quality crops during food-insecure times, it seems. “You’ve got people from all over the world asking, ‘how are crops in southwest Saskatchewan,” said Peter Gorski, […] Read more
Grain buyer spreads wide net for organic oats
Consumer demand for organic oats has soared in recent years, and producers are showing an interest in growing them
It wasn’t hard to find organic oats prices from Grain Millers at the recent Ag in Motion outdoor farm show. New crop and old crop bids were listed at the front of their booth just as prominently as conventional prices, underlining the importance of that market for the company. “We bring (organic oats) all the […] Read more
Fewer cattle expected as cow herds shrink due to drought
Drought and high feed and forage costs have pushed Canadian and American beef cow herds down to the smallest level in many years. That should mean rising feeder and fed cattle prices over the next few years, but profitability for the cow-calf and feedlot producers will depend on how soon feed costs fall. It also […] Read more
When the best minds are unable to predict what’s coming
Josh Linville gave farmers at Ag in Motion lots of insight into the geopolitical factors explaining why fertilizer prices are so high, explosive and unpredictable. But after doing that, he offered his most valuable advice for growers: “Our big thing is if you purchase inputs, sell some grain. If you sell grain, purchase inputs,” said […] Read more
Russia-Ukraine grain deal may be acted on soon
The United Nations expects an agreement signed last week in Turkey resuming exports to be implemented in a few weeks
ISTANBUL, Turkey (Reuters) — The United Nations expects a deal to resume Ukrainian grain exports through the Black Sea to be fully operational in a few weeks and restore shipments to pre-war levels of five-million tonnes a month, two senior UN officials said July 22. Ukraine, Russia, Turkey and the UN signed the deal in […] Read moreCanfax report
This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattlemen’s Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at www.canfax.ca. Feedlots still in the red Averaging in the mid $170s per hundredweight for the past seven weeks, […] Read more
