Commodity Markets

[BTO780]

What in the world is going on with the markets?
Everything is on a free fall. Wheat is on the biggest loosing streak I’ve seen. Durum is dropping once a wk, or more.

Wheatking just said red lentils have dropped 2-3 cents.

WTF is going on?

Inputs are rising daily!!

Look out what fuel will be worth before we hit the field.

No downturn in fertilizer.

I thought Canada had a drought???

Just shows how little importance we are to the “big” picture.

[jdg364]

Our currency exchange would have something to do with it, in respect to the recent market change.. I think.

You can include oats in your list of price drops.

Canola +17 for new crop, might have to sell a little to hedge this year’s inputs.

[BTO780]

Canola acres could got though the roof with new crop prices approaching $17.

Interesting to see what crop insurance comes out with on guarantees. Guys I’ve talked to said with how dry it is they will grow lots of canola as long as the guarantee per acre is high.

[LWeber]

Canola acres could got though the roof with new crop prices approaching $17.

Interesting to see what crop insurance comes out with on guarantees. Guys I’ve talked to said with how dry it is they will grow lots of canola as long as the guarantee per acre is high.

SCIC - Prices - The base prices for grains crops are established on the basis of January price forecasts provided by the Market Analysis Group of Agriculture and Agri-Food Canada.

AAFC Marlet Outlook release dates are usually from the 18th to 25th each month.

[AlbertaFarmer5]

Must be all the pictures of drought, and floods and yield reductions in South America lately that are driving the market down.

https://twitter.com/agturbobrazil

[ajl]

Looks like the NOLA urea price has backed off over $100 US/ton of the highs. Will be a while before the retails up here get the memo I am sure.

[errolanderson]

Global debt crisis and incoming asset deflation as money tightens and the economic piper calls.

This will impact commodities, equities and now cryptos now-in-progress . . . .

Long over due . . . The irony, central banks now all poised to attack inflation just as the rug-gets-pulled from under prices and inflation.

Banks are in for one rough ride. Lending gravy train is over (IMO).

[jazz]

La Niña incoming. Cooler wetter for US and Canada. Market predicting big rebounds in 22 yields.

Maybe should lock in a few bushels.

[Landdownunder]

La Niña incoming. Cooler wetter for US and Canada. Market predicting big rebounds in 22 yields.

Maybe should lock in a few bushels.

Cooler wetter always been lead to believe lanina dryer in NA unless you comment was satire.

[helmsdale]

La Niña incoming. Cooler wetter for US and Canada. Market predicting big rebounds in 22 yields.

Maybe should lock in a few bushels.

Im sure not seeing it in any of the long term seasonal outlooks yet... Looks no different than last year at this point.

La Nina has been her for awhile here now, it's just a matter of how long it decides to stick around. It took a hiatus through the summer late fall, and lord knows that didn't serve us particularly well.