WE KEEP YOU UPDATED WITH THE DEPUTTER ARTICLESFrom the standpoint of economic well-being and growth, the agricultural industry currently has two sides: one encountering a slow down and another in the early stages of a strong and exciting upswing that has lots of time ahead of it before it peaks.
“Realized net income of Canadian farmers declined 41.0% from 2017 to $4.2 billion in 2018 on sharply higher costs and a slight increase in receipts.”
Statistics Canada, November 26, 2019
“Brazil’s government devalued the country’s currency, the Real, sparking farmers to sell old and new crop soybeans”
Successful Farming, November 22, 2019
“Widespread rainfall is expected (in Brazil) during the six- to 10-day period, which will further boost soil moisture in northern areas and also lead to improvements across central areas, favouring corn and soybean growth.”
Reuters, November 18, 2019
“There was continued improvement in October, but abnormal dryness still hasn’t completely disappeared from Western Canada.”
Syngenta Market News, November 11, 2019