Tagged: Canadian agriculture

The News & What it Means – Another Commodity Boom in the Offing? Possible, but Not Likely

By John DePutter & Dave Milne – October 5, 2020
The News:

We have seen some commentaries and news stories lately about how cheap commodities are, compared with stocks. And with stocks running wild to the upside, that has naturally raised some questions about whether commodities might catch the same wave and fly higher.

Couple this with China’s massive purchases of soybeans and other commodities the past several months, and people are wondering if another macro-economic upswing might be in the cards – just like 2007 through 2008, which was followed by a second surge in 2011–2012 which brought even more markets to new all-time highs.

The News & What it Means – US-China trade deal attracts news coverage. But really, China buys what China wants

By John DePutter & Dave Milne – August 17, 2020
The News:

“China continues to lag behind the pace of imports from the US needed to meet the terms of the two nations’ trade deal, amid a rapidly worsening diplomatic standoff that’s sparking global fears of a new Cold War.”

Bloomberg, July 27, 2020

The News & What it Means – The USDA hits the mark on 2019-20 Brazil, Argentina soy production. Now, what about the 2020-21 crop? It will hold big sway in your soybean prices one year from now!

By John DePutter & Dave Milne – May 20, 2020
The News:

“USDA slightly lowered its (2019-20) forecast for South American soybean production. Dry weather has reduced yield potential of the crop, especially in southern Brazil and northern Argentina.”

Feedstuffs, May 13, 2020

The News & What it Means – Soaring Unemployment: Canadian Farms at Risk?

By John DePutter & Dave Milne – May 12, 2020
The News:

“US farm bankruptcies are continuing to tick higher and the toll may rise even further as off-farm jobs are lost in the wake of the COVID-19 pandemic, according to the American Farm Bureau (AFB).”

Syngenta website article, May 8, 2020