By John DePutter & Dave Milne – December 5, 2019
The News:
“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
“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
“Dogged by lower prices and tepid demand, U.S. wheat farmers are poised to plant the fewest acres of winter varieties in 110 years.”
Bloomberg, October 28, 2019