A second chance for good grain prices?

A second chance for good grain prices?

Changes in world markets may give us another chance to lock in high prices

As the summer continued we saw a continuation of hot and dry weather across much of the Prairies and parts of the U.S. central growing region, not to mention other parts of the world like Australia, the EU, Russia and South America. This raised concerns of potentially tightened world supplies which pushed market values back up to the […] Read more

Pre-season contracts and changed plans

Pre-season contracts and changed plans

If you’ve changed seeding plans due to spring weather, check your contract obligations

So far, 2018 is setting up to be a year of extremes and challenges. There’s been record snow pack in the mountains and a drawn-out winter with excessive snow across the Prairies. Overland flooding across wide areas of the Prairies came during one of the latest springs in years. On April 21, I was in […] Read more


Are your grain deliveries protected?

Are your grain deliveries protected?

Know the full CGC rules to make sure your payment is protected when you make a sale

Not getting paid for the grain you deliver. It doesn’t happen often, but when it does, it’s a tough financial blow. Know the rules so you can protect yourself. The law in this area is in the hands of the Canada Grains Commission. Everything you read here in italics comes from the CGC website. Let’s […] Read more

Grain companies profit more from handling grain than from selling grain.

Grain marketing changes over time

After all of the changes over the past decades, do farmers have more price control?

When I started my first job at a farmer-owned co-op grain elevator 36 years ago, the only way a producer could get a price was by calling or stopping by the local elevator to see the daily bids. These only included grains like canola, rye and flax, as all wheats, barley and oats were under […] Read more


World trends and your farm

Global statistics from FarmTech could mean opportunities for Prairie farmers

This year’s FarmTech conference in Edmonton at the end of January was another great conference packed with interesting speakers. First up was Darrell Bricker from Toronto, the CEO for IPSOS Public Affairs, talking talking about the new Canada — population pattern changes due to fertility, aging patterns, urbanization and multiculturalism. His focus was: “who will […] Read more

spring wheat

My answer to “the question”

What Brian Wittal has been telling farmers the markets will do this year

This time of year the question I get asked the most from producers is “what are the markets going to do this coming year?” I suspect I might have a better chance of trying to explain the meaning of life than trying to accurately answer this loaded question, but I am not one to shy […] Read more


Grain marketing lessons learned the hard way

Grain marketing lessons learned the hard way

Events in 2017 gave us many opportunities to make grain marketing mistakes

I know some of you living in Alberta where the boom and bust cycle of the oil and gas industry is all too common will have seen a bumper sticker on an oilfield worker’s truck that says, “Lord, give me one more chance at another oil boom and I promise I won’t piss it all […] Read more

Life after the de-listing of the ICE futures

Life after the de-listing of the ICE futures

The on-farm impact of the de-listing of milling wheat, durum and barley contracts

In the last issue I wrote about the de-listing of the ICE milling wheat, durum and barley future and options contracts. These contracts were introduced in 2012, then de-listed on October 26, 2017. Now, let’s address three reasons why you should care. Reason 1: The loss of these contracts gives you one less tool to […] Read more


Finding the price in the new age

Finding the price in the new age

With delisted futures contracts, who’s responsible for price discovery?

Over the past five years there have been major changes to the Prairie grain marketing landscape that have — or should have — changed the way you market your grain. The biggest change, and no doubt the catalyst for many of the changes since, was the removal of the monopoly marketing powers of the Canadian […] Read more

What does the harvest mean for the market?

What does the harvest mean for the market?

A look at the post-harvest impact on Prairie canola, wheat and malt barley markets

By October 12, snow was already falling for the second time in two weeks and harvest was only about 80 per cent complete in the Central Alberta area. Other that than, the fall for the most part was amazing and has allowed farmers across the Prairies to get the harvest off in record time. Harvest […] Read more