Market life after the USDA report

The day that USDA crop reports are released is the most important day of the year

January 12, 2016, was the day that the United States Department of Agriculture came out with a number of reports covering intended seeded acres for U.S. winter wheat, 2015 production reports for both domestic and world grains and quarterly stocks and ending stocks reviews for U.S. and world grains. In the world of grain marketing […] Read more

Watch those pricing signs

Watch those pricing signs

Grade and protein spreads change during the year. Take advantage of change to increase your profits

My last column talked about futures spreads, and how you understand what’s happening in the marketplace by watching how and why spreads change over time. Now, a look at more pricing signals: grade and protein spreads. During the era of the Canadian Wheat Board, grade and protein spreads changed very little throughout the marketing year. The CWB, […] Read more


grain bins surrounded by snow

Your winter grain marketing plan

Watch the futures spread and the cost of carry to decide when to sell your grain

This winter, you should have time to take stock of your grain inventory, update your cost of production numbers and do some math to determine your true break-even costs. Do you have a marketing plan? Are you using it or reviewing it and making changes accordingly? Do you know your quantity and quality of your […] Read more

Cattle margins struggling amidst lower prices

Cattle margins struggling amidst lower prices

Market Update with Jerry Klassen

Western Canadian fed and feeder cattle prices have experienced severe volatility over the past month and it appears that this price behaviour will continue over the winter. While the market continues to factor in growing beef supplies, retail and restaurant demand remains uncertain. Alberta packers have been buying fed cattle in the range of $170 […] Read more


Keep your eyes on the dollar

Keep your eyes on the dollar

Prairie farmers should care about the current state of world currencies in the world market

The past two years have seen some major political and economic shifts around the world. The Russia/Ukraine standoff in the Crimean region resulted in economic embargoes and sanctions against Russia. This threw a major kink into trade in that region, causing serious economic hardships. It caused internal inflationary pressures to build, devaluing the Russian ruble […] Read more

North American weather conditions have been a little more extreme.

We’re in weather market madness

Weather drives grain markets. And this year, weather is also driving farmers to distraction

We have had another summer of weather extremes. It started in May with dry weather across the Prairies and parts of the U.S. plains, and excessive rains across large U.S. grain-growing regions. June brought hot, dry spells across the Prairies. Then we topped it off with rain, hail and tornados in July — almost the prefect recipe […] Read more