The News & What it Means – Farmland Values Increasing at a Slower Rate & Canadian Dollar Expected to Weaken

By John DePutter & Dave Milne – April 11, 2017

 

The news:

Canada’s farmland values showed an average increase of 7.9 % in 2016, compared to a 10.1% increase in 2015 and a 14.3 % increase in 2014.

– Farm Credit Canada farmland values report, April 7

 

Marketing Lessons Learned From a Pro

By Fred Evans – March 30, 2017

 

A young grain producer and I were recently speaking about marketing and he expressed frustration in his quest to do a good job at pricing his crops.  While he does an excellent job of producing his crops on the 1,000+ acres he farms, he feels out of his league when he ventures into the world of grain marketing at the CME.  I acknowledged his concerns and encouraged him to keep learning as much as he could about marketing, and to practice a degree of patience.

I explained to this producer that achieving a level of comfort and success with marketing often takes years.

The News & What it Means – US Hard Red Winter Wheat Ratings Low & Aussie Canola Plantings High

By John DePutter & Dave Milne – March 29, 2017

 

The News:

US Hard Red Winter Wheat ratings are far below last year. The Kansas wheat crop condition is rated at only 38% good to excellent, down from 56% last year at this time. Oklahoma’s crop is rated 37% good to excellent, down from 63% last year at this time.

– USDA, March 27.

 

The News & What it Means – Game-changing US Weather & Chicago Grains and Oilseeds Fall.

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…”

– Reuters

 

The News and What it Means – Surprising South American Corn Forecast & Implications of Crude Price Drop

 

By John DePutter and Dave Milne – March 13, 2017

 

The News

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.