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Tag Archives grain marketing

Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops, Reuters

Dreyfus to step up spending after earnings boost

'Complementary' acquisitions envisioned

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Paris | Reuters — Louis Dreyfus Co. (LDC) could nearly double annual investments in the coming years as rising profits help it pursue expansion in its traditional crop trading and newer food-ingredient activities, its CEO told Reuters. The group on Wednesday reported a jump in annual net profit to $1 billion, joining other global crop […] Read more
“It just makes tracking your inventory and your contracts a lot easier... I don’t have to spend days on the computer entering contracts and doing spreadsheets.” – Sean Edwards.
Markets, News

New tool for grain marketing at your fingertips

Combyne marketing app built for grain producers

By
A new software system developed by a Canadian tech firm promises to make grain marketing easier and more efficient for farmers across the country. Combyne was developed by Alain Goubau and his Ontario-based company, Combyne Ag. It was released to the public in November 2021 and is available for mobile devices and computer desktop use. […] Read more
(BungeMOE.com)
Crops, Reuters

Bunge to sell oilseed processing business in Russia

Grain firms scaling back Russian business

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Reuters — Agricultural commodities trader Bunge said Monday it has agreed to sell its oilseed processing business in Russia to Karen Vanetsyan, the controlling shareholder of Exoil Group. The sale includes the sunflower processing plant in Voronezh. Bunge and its rivals ADM, Cargill and Louis Dreyfus — part of the so-called ABCD quartet of global […] Read more
The thumbnail test is one of the visual examples in the Pre-Harvest Glyphosate Staging Guide from Keep it Clean.
Crops, Marketing

Tools for farmers from Keep it Clean

These three tools can help protect the marketability of your crops

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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
The strength or weakness of a basis at any point in time can be viewed as a bellwether that informs grain sellers where the market is at, and where it might be headed.
Features, Marketing

Have you got your basis covered?

To score a grain marketing home run, understand and monitor basis levels

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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
“You’re never going to hit the high of the market all the time. That’s just not possible. Don’t beat yourself up when you make mistakes.” – Reg Dyck.
Features, Marketing

The most common grain marketing mistakes

Four traps farmers can fall into, and how to avoid them

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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
Once you have a network of buyers you’d like to do business with, it pays to stay in touch — it will likely improve your chances of being alerted to pricing specials when they come around.
Features, Marketing, News

Be a better grain marketer

It’s more important than ever to be an astute grain marketer. Strengthen your position with these pro tips

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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
Build your grain marketing plan from the ground up
Crops, Marketing, News

Build your grain marketing plan from the ground up

A robust grain marketing plan will help you get the most out of your hard-earned crops. Use these expert tips to get the ball rolling

By
Neil Blue had only been farming a year or so when he came to an important realization — if you’re selling grain, it pays to educate yourself on the best way to do it. Blue grew up on a family farm and began farming on his own in Vermilion, Alta., in 1981. When he went […] Read more
Farmbucks costs $120 for a yearly subscription and is available for a free, 30-day trial. Lynn Dargis, the Alberta farmer who created the Farmbucks website and app, says her goal is to keep the service affordable and of value to pro­ducers.
Features, Marketing

A quick and easy way to compare grain prices

Farmbucks is an online tool that provides a localized snapshot of actual bids in real time geared to help farmers get the best prices for their grain

By
Sometimes an idea comes along that seems so obvious it’s hard to imagine why it hasn’t been thought of before. Farmbucks, an online tool to help western Canadian farmers get the best price for the grain they sell, falls into that category. Why it matters: Invented by a farmer for farmers, Farmbucks is a subscription-based, […] Read more
Your marketing plan and COVID-19
Markets, News

Your marketing plan and COVID-19

Should farmers change their marketing strategies because of the pandemic or stay the course?

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As another year’s crop will soon fill their bins, should farmers change their marketing strategies because of the effects of the COVID-19 pandemic or do they maintain the same course they had planned out for this winter? “COVID-19 has had some impacts on the markets, but it hasn’t really been that much for grains and […] Read more

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