Now, we turn to a critical yet often overlooked aspect of farm marketing: you must know when to alter your plan and when to stay the course. We’ll also explore common behavioural traps that derail even the best-laid strategies.
Marketing
How to review and fine-tune your grain marketing plan
Don’t let greed, fear or wishful thinking steer you away from a solid plan
How to use the tools to build a sound grain marketing plan
Organize your marketing strategies to balance maximizing revenue, ensuring cash flow and limiting risk
This week, we turn to the nuts and bolts of marketing: what options do you have? How do they work? And most importantly, how do they fit into an overall strategy that maximizes opportunity while managing risk?
Using technical analysis for feeder cattle marketing
The Markets: Looking at charts from the past few months shows the market could range higher
Looking at charts from the past few months shows live cattle futures could range higher.
How your grain marketing plan helps you deal with volatile markets
Predicting how global events will unfold is a struggle for even the most respected grain market observers
Predicting how global events will unfold is a struggle for even the most respected grain market observers.
AUDIO: How weather could shape your grain marketing options in 2023
Some grain farmers have been cautious about forward selling after the drought of 2021 left to them short of the crop needed to fill their contracts and the cost of buying their way out of them soared. MarketsFarm analyst Bruce Burnett says that caution is well advised, given the state of subsoil moisture across the […] Read more
Tools for farmers from Keep it Clean
These three tools can help protect the marketability of your crops
Canadian farmers are getting ready for harvest, with grain destined for consumers around the world who are relying on Canada to help address global food security concerns. As part of its commitment to providing safe, high-quality canola, cereals and pulses from Canadian farmers to our international customers, Keep it Clean has developed a number of […] Read more
Manitoba seed company joins “The Club”
It’s a new online shopping mall connecting farmers with a wide range of products and services
A new shopping opportunity has been launched to western Canadian farmers this fall as the Manitoba-based Pitura Seeds joins with an online “shopping mall” that connects farmers to a growing list of agronomic products and services across the country as well as around the world. Pitura Seeds, based at Domain, Man., is a long-time, family-owned […] Read more
Have you got your basis covered?
To score a grain marketing home run, understand and monitor basis levels
Basis is a marketing instrument utilized by grain handling companies to attract grain when they need it or to discourage delivery when they don’t. Used for crops that have an active futures trading market like wheat and canola, basis is the difference between a local cash price for a commodity and its price on the […] Read more
The most common grain marketing mistakes
Four traps farmers can fall into, and how to avoid them
Navigating your way around grain markets isn’t exactly easy, and it gets more complicated when you get into the area of trading futures contracts and options strategies. Even the most experienced grain marketer will make mistakes from time to time — here are some common ones you can try to avoid. Go easy on yourself […] Read more
Be a better grain marketer
It’s more important than ever to be an astute grain marketer. Strengthen your position with these pro tips
Reg Dyck farmed for more than 40 years near Starbuck, Man., but he knew early on that grain marketing was something he wanted to learn more about. In fact, Dyck was still in high school when he started taking marketing extension courses put on by Manitoba Agriculture and other ag agencies. “What motivated me, I […] Read more
Cyber-Savvy Farmer
