Farmers applying for spring cash advances should be aware the interest-free portion has dropped back to 2021 levels.
Oilseeds
Feds reduce interest-free portion of cash advance
Increases implemented over the last few years have been discontinued, leaving farmers to pay higher interest cost
Record large fund short position grows in canola
Net short in soybeans, corn also grew
Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
U.S. grains: Soy futures rebound as corn sets new three-year lows
Soybean market oversold, analyst says
Chicago Board of Trade soybean futures jumped on Friday on short covering before a long weekend, a day after slumping to a three-year low, analysts said.
New farm income record set in 2023, estimates suggest
Despite challenges like drought and war, Canadian farms proved resilient
Canadian farm income may have set a new record in 2023. That's according to the official 2023 and 2024
estimates released February 16 by Agriculture and Agri-Food Canada.
U.S. corn, soybean, wheat yields to rise in 2024/25
More soybean acres; corn and wheat area to drop
Yields for United States soybeans, corn and wheat were projected to increase in 2024/25, according to the Department of Agriculture at its 100th annual Outlook Forum on Feb. 15. Also, the USDA said there’s to be more soybean acres but less for corn and wheat for the coming crop year.
Indian farmers pause protest march to Delhi as government talks continue
Farmers pressing government to set minimum prices for produce ahead of election
Indian farmers demanding higher prices for their crops said they had paused their protest march to New Delhi on Friday until their unions hold another round of talks with government ministers on Sunday.
Time to buy some cows?
Cattle right now are more profitable than crops, this farm management expert says
Glacier FarmMedia — When all costs are factored into the equation, raising cattle should be more profitable than growing crops in 2024 — and in some cases, much more so. “Right now, I can tell you that the returns per acre are higher than any of the crops,” said Ben Hamm, a farm management specialist […] Read more
U.S. grains: Corn, soy futures set new three-year lows as US forecasts hefty supplies
U.S. soybean crushings dropped more than expected from a record high
U.S. forecasts for increasing crop inventories on Thursday drove corn and soybean futures to their lowest prices in more than three years as traders remained worried about strength of demand.
Farm employee, employer’s perceptions differ on worker retention
Ag domestic labour gap will increase 15 per cent by 2030 as older workers retire: CAHRC
Manual labour and long hours may be less of a deterrent to farm workers than farmers think, a new report suggests.
‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker
The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
Cyber-Savvy Farmer
