After producing hemp mostly for grain, for two decades, Canadian farmers leapt into the hemp CBD business. However, there are signs that grower fascination with CBD may be fading.
 | WP illustration

Hemp CBD bubble may have burst

In North America’s hemp industry, 2019 may be remembered as the year that the CBD craze hit its peak. The obsession with growing hemp for CBD, or cannabidiol, was impossible to miss at farm conferences and hemp trade shows across North America last year. Jeff Kostuik remembers the enthusiasm for CBD at those meetings, particularly […] Read more

Canaryseed has typically been a crop that producers will store until prices improve or cashflow dictates a sale is necessary.  |  File photo

Canaryseed on the rise; more rallies may be to come

This could be the year the canaryseed market fully absorbs the “hidden inventory” that has been weighing down prices for years, say industry officials. Prices have climbed to 30 cents per pound as the inventory dwindles and that appears to be a trigger point for those who have been sitting on the crop. Lucas Sutherland, […] Read more

Phosphate prices are reaching lower levels, making the input more attractive for producers and less so for this phosphate mine in Mdhilla, Tunisia.  |  Reuters/Zoubeir Souissi photo

Phosphate prices become attractive for producers

Prices of the nutrient may be as low as the market can bear for 2020, retailing at $575 to $600 per tonne

Now is a good time to buy phosphate fertilizer, say industry experts. Phosphate prices in New Orleans, Louisiana, (NOLA) in late December 2019 were the lowest they have been since December 2006. The NOLA price is considered the starting price for North American phosphate. It was about US$240 per tonne at the end of 2019, […] Read more


Drought and high temperatures have resulted in extensive forest fires in Indonesia. This one burns next to a palm oil plantation in Kapuas regency near Palangka Raya, Central Kalimantan province.  | REUTERS/Willy Kurniawan

Palm oil leading the way higher for oilseed prices

Canola futures rallied in December, climbing to the upper level of the price range in place since the end of summer, but still lower than what they were at the same time last year and arguably disappointing considering the sharp rally in soybean oil. From the beginning of December to Jan. 3, March soy oil […] Read more

The predictions largely assume that the growing season will be good, that a U.S.-China trade deal might not be reached and African swine fever (ASF) will persist, suggested Seth Meyer, who was formerly U.S. Department of Agriculture World Agricultural Outlook board chair and is now a research professor at the University of Missouri. | File photo

Lower soybean and corn prices for 2020: analyst

INDIANAPOLIS, Indiana — Soybean and corn prices will either be steady or lower in 2020 as production in the United States is expected to improve, according to a market analyst. The predictions largely assume that the growing season will be good, that a U.S.-China trade deal might not be reached and African swine fever (ASF) […] Read more


Demand holds steady for 2019-20 wheat crop

The second half of the 2019-20 marketing campaign is shaping up to be a good one for wheat, says an analyst. “The demand for North American wheat will be probably fairly strong here,” said Bruce Burnett, analyst with MarketsFarm. “We’re going to see export shipments pick up.” Shipments are already decent with 6.1 million tonnes […] Read more

Measurements and data can’t eliminate uncertainty for farmers

Farmers farm in situations of great uncertainty. There are many risks. Those two things aren’t the same. That might be why much advice coming from economists and other experts often faces resistance from farmers. “They (economists) rarely talk about uncertainty. They talk about risk… as though you could calculate it. But in many cases you […] Read more

WP livestock report

Hogs The U.S. national live price average for barrows and gilts was $39.67 per cwt. Jan. 3, up from $38.63 on Dec. 27. U.S. hogs averaged $50.50 on a carcass basis Jan. 3, up from $49.06 Dec. 27. The U.S. pork cutout was $74.22 per cwt. Jan. 3, down from $75.04 Dec. 27. The estimated […] Read more


The center-left government of President Alberto Fernandez increased export taxes on soybeans, soymeal and soyoil to 30 per cent and nine for other agricultural products on Dec. 14. | File photo

Argentine soybeans facing tax increases

WINNIPEG, Jan. 8 (MarketsFarm) – When it comes to soybeans in Argentina there were few major diversions between the United States Department of Agriculture’s data (USDA) and that from department’s attaché in Buenos Aires. What may bring changes to the country’s soybean industry are tax increases imposed by the new federal government, according to Benjamin […] Read more

Despite a number of tough challenges in 2019, one broker at the Chicago Board of Trade said the year ended on a high note. | File photo

Chicago Board of Trade hopeful for 2020

WINNIPEG, (MarketsFarm) – Despite a number of tough challenges in 2019, one broker at the Chicago Board of Trade said the year ended on a high note. “For what we went through with China this whole year, this trade war, you had corn, wheat and soybeans close higher for the year on Dec. 31,” stated […] Read more