By John DePutter – March 22, 2017
The News: Weather outlook could be game-changer for U.S. corn, soy planting.
“ The latest outlook from the U.S. government predicts warmer-than-average weather that could have a game-changing impact when the U.S. corn and soybean planting campaign gets underway…”
By John DePutter and Dave Milne – March 13, 2017
USDA raises its forecast for 2016-17 Brazilian corn output by 5 million tonnes from last month, to a whopping 91.5 million. Argentina’s crop is revised up 1 million from last month to 37.5 million tonnes. That’s a new record high for the two countries, up 34.3% from a year earlier.
—USDA monthly global crop update, released Thursday .
By John DePutter and Dave Milne – March 6, 2017
The news: No change for Canada’s Bank Rate
Citing continued uncertainty and concern over the state of the domestic economy, last week the Bank of Canada maintained its overnight rate at 0.5%, where it has been since summer, 2015.
“While there have been recent gains in employment, subdued growth in wages and hours worked continue to reflect persistent economic slack in Canada, in contrast to the US,” the Bank said.
— From multi-media sources.
By John DePutter and Dave Milne – February 27, 2017
The News: Infl ation rate rises to 2.1%, fuelled by higher gas prices.
Statistics Canada released its monthly update on inflation Friday. A 6.3% increase in transportation costs was the main contributor to the higher inflation rate. From the Financial Post.
By Fred Evans – February 22, 2017
The idea for this blog was hatched following a discussion within our office about an apparent lack of interest by many young farmers to learn about futures markets and price risk management.
We asked ourselves a few questions:
– Will the next generation of farmers have the same depth of understanding about commodity futures as the outgoing generation?
– Are farmers as willing to hedge grain with futures contracts and use basis contracts now as they were nearly forty years ago?
– How has the industry changed over the years?
– What can we learn from the past?
In this article, we’ll explore these questions through an examination of the evolution of futures trading.