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U.S. farmers fret as Chinese soy purchases move elsewhere

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Business, Markets/Business

Lower oil prices and declines in equities spill over into grain commodities

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Business, Markets/Business

Weather makes for different corn harvest conditions in Ontario and the U.S.

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An aerial view of the port of Rosario, Argentina, on the shore of the Parana River. The grains hub has been receiving shipments of U.S. soybeans as a trade war has disrupted the rational flow of products.
Business, News

U.S. farmers fret as Chinese soy purchases move elsewhere

Strange trade flows — U.S. beans to Argentina, Argentine beans to China, Argentine beef to the U.S.

By
Reuters – A ship named the Torrent recently reached the end of a 5,000-mile trip carrying soybeans from the U.S. Great Lakes to Argentina — a journey that only makes economic sense because of the U.S.-China trade war. The ship docked in the Rosario grains hub on Dec. 4, days after the leaders of the […] Read more
Corn harvest in the U.S. is mostly complete, but Ontario farmers continue to pick away at their corn when they can.
Business, Markets/Business

Lower oil prices and declines in equities spill over into grain commodities

However, a softer loonie is helping enhance the competitiveness of Canadian grain and oilseed on global markets

By
Ontario farmers have harvested approximately 90 per cent of the soybeans and 75 per cent of the corn. Soybean yields have come in above expectations; some farmers reported record yields. Corn yields are quite variable and vomitoxin is a major problem in certain areas. The year-over-year increase in export demand continues to support Ontario corn […] Read more
Corn has sat in Ontario fields during regular November rains.
Business, Markets/Business

Weather makes for different corn harvest conditions in Ontario and the U.S.

American farmers are close to finished corn harvest, compared to Ontario farmers waiting for clearer weather

By
Adverse rains have hindered harvest progress across Ontario. Farmers have harvested approximately 75 per cent of the soybeans and 25 per cent of the corn. Yield reports are slightly higher than expected and total production will likely finish above the recent Statistics Canada estimates. Vomitoxin appears to be quite prevalent on the early corn samples […] Read more
Michael Kauzlaric, technology scout with the Vineland Research and Innovation Centre said the Jupiter variety is looking especially strong for Ontario.
Business, Crops

New table grape varieties for Ontario could diversify market

Ontario growers have only had one main short-season variety to grow

By
There’s lots of unrealized potential in the table grape market in Ontario, as one variety has dominated production. That’s about to change. Ontario’s main homegrown fresh table grape is a variety called Sovereign Coronation, a semi-seedless blue grape that’s ready for market over a six- to eight-week period in late summer and early fall. Driven […] Read more
The U.S. government has implemented policies supportive of corn, but not of soybean prices.
Business, Markets/Business

China-U.S. trade dispute likely to drag on, affecting price

U.S. ethanol policy change could increase demand by two billion bushels

By
Ontario farmers have harvested 60 per cent of the soybeans and 25 per cent of the corn as of Oct. 21. American farmers have combined 49 per cent of the corn and 53 per cent of the soybeans. The seven- to 10-day forecast calls for seasonal temperatures with limited precipitation, which should allow producers to […] Read more
Farmers have been hard-pressed to find dry enough days to harvest soybeans in Ontario.
Business, Crops, Markets/Business

Rain continues to hamper North American harvest

Tariff war has implications on how U.S. farmers usually sell their crop

By
Ontario farmers have harvested 25 per cent of the soybeans and 15 per cent of the corn as of Oct. 7. Harvest selling pressure along with the stronger Canadian dollar has weighed on the corn and wheat markets. However, Canadian soybean prices are holding value due to strong Chinese demand. Quick look Soybeans: Ontario market […] Read more
The number of industrial hemp acres has been growing slowly in Ontario.
Business, News

New markets for hemp emerge with cannabis legalization

New hemp derivatives will be able to be sold, which could make it more attractive in Ontario

By
Industrial hemp growers may encounter a growing market as the Canadian government moves towards cannabis legalization. Part of the new federal cannabis legislation involves updating industrial hemp regulations to allow growers to harvest the flowering heads, branches and leaves of the crop for immediate sale to licensed cannabis processors — thereby making use of its […] Read more
Potash supply is increasing as new mines come on line.
Business, News

Global fertilizer market prices vary

An expected drop in potash prices has not happened as quickly as thought

By
Fertilizer prices are expected to vary over the next few months, with some types continuing to increase while others should drop, according to an analyst. Why it matters: Fertilizer can make up a sizable portion of farmers’ input costs, so rises and falls in the market can significantly impact farm margins. “The fertilizer market has […] Read more
Getting new graduates onto farms proved helpful in making them comfortable in farm technology jobs.
Business, Markets/Business

Recruiting outside of ag schools

New-graduate program brings in aggies and non-aggies

By
A program that linked new graduates, many from non-agriculture programs, with agriculture companies, could provide lessons to the sector in how to recruit new employees. Why it matters: The agriculture industry has a chronic shortage of workers, with the University of Guelph reporting that each of its graduates usually has four jobs waiting for them. […] Read more

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