By John DePutter & Dave Milne – May 29, 2019
The news:
Statistics Canada released 2018 farm income data this week, showing just slightly higher crop receipts compared to a year earlier, sharply lower realized net income and rising debt.
Tagged: China
The News & What it Means – Potential Permanent Decline of US Soybean Imports by China Will Have Ongoing Repercussions
By John DePutter & Dave Milne – May 22, 2019
The news:
“The US is likely to permanently lose soybean export market share in China the longer US-China trade talks drag on, a top executive at the US Soybean Export Council (USSEC) industry group said on Friday.”
– Reuters, May 17, 2019
The News & What it Means – New-Crop US Soy Ending Stocks Set to Drop but So What?
By John DePutter & Dave Milne – May 16, 2019
The news:
“The USDA forecast new-crop soybean ending stocks at 970 million bu, which would represent a 25-million bu reduction from the revised 2018-19 ending stocks estimate of 995 million.”
– Syngenta website article, May 10, 2019
The News & What it Means – China’s ASF Problems Impacting Hog Markets and Feed Demand. It’s a HUGE Global Event!
By John DePutter & Dave Milne – April 17, 2019
The news:
“Up to 200 million pigs could be culled or die from being infected as African swine fever spreads through China, Rabobank said, by far the highest such forecast yet and underscoring the gravity of the epidemic in the world’s top pork producer.”
– Reuters, Apr. 12, 2019
The News & What it Means – Uncertain Markets Require Cautious Planning and Marketing
By John DePutter & Dave Milne – March 29, 2019
The news:
“Canadian crop and livestock producers are facing ‘exceptional uncertainty’ amid trade issues, geopolitical tensions and African Swine Fever, according to a new report from Guelph, ON-based Agri-Food Economic Systems.”
– Syngenta website story, March 25, 2019.