Most of what goes into creating the price of crops and livestock comes from supply and demand. More supply and less demand? Probably lower prices. More demand and less supply? Probably higher prices. It’s a little bit more complex than that, but those are some of the basics. But how do you project future prices […] Read more
Tag Archives supply
Supply? Demand? What are we dealing with?
Economists and analysts are wrestling with enormous uncertainty
U.S., Canada producing ample durum but quality may be in short supply
There may be production problems in France and possibly higher than usual demand in North Africa, but a large durum crop in North America will easily fill those market voids, says a market analyst. Consequently, it’s difficult to feel optimistic about durum prices. “I’m not very friendly on the durum market,” said Chuck Penner, owner […] Read more
Hemp processors eager to entice organic growers
Consumers interested in hemp food and oils are also demanding it be organic, despite little difference from conventional product
Canada’s hemp industry has a problem. Most consumers who buy hemp fall into the ‘health conscious’ category of shoppers, who are willing to pay a premium for foods loaded with protein and healthy oils. But those same people tend to consume organic foods and Western Canada doesn’t produce enough organic hempseed to satisfy that demand. […] Read more
Reduced barley acres lifts feed prices
Western Canada’s feedgrain market has suddenly turned favourable for sellers. “It’s definitely a very bullish market,” said Greg Hagel of Quality Grain, a Calgary feedgrain broker. “Two weeks ago I would have said the opposite, but the Midwest (drought) situation is putting a lot of pressure on our feedgrains.” Intense dry heat in the U.S. […] Read more
