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.

[riders2010]

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).

I respectfully disagree with the lending thing
Banks fertilizer companies etc etc have absolutely
Nothing to lose by lending all
The laws are in favour of them taking assets
And every asset they want if payment is not made
We re just dealing with bigger dollars for
The same properties now so
Bigger loans more interest even on low interest
Is what people seem to miss.
Governments do not stand up for individuals anymore
It’s all about bigger is better so you lose and are out
There is always some billionaire eventually that
Will pay cash for your life’s hard work of assets. And that’s
A sad fact of how the so called free market has evolved.
Most of those billionaires scream free market but
Have used every government scam there is to
Get where they are.

[Landdownunder]

We are watching this weather very closely.

La Nina also remains in place, which is generally negative Sth America and US Corn production. The market will take this threat seriously until La Nina fades or rains fall.

[TOM4CWB]

This threat may throw global markets into panic and chaos:

PA Media: UK News: Russian invasion of Ukraine ‘inevitable and imminent’
Alana Calvert, PA
Sat, January 15, 2022, 11:50 PM
A Russian invasion of Ukraine is “inevitable and imminent”, Commons Defence Committee chairman Tobias Ellwood has said.

The Conservative MP made the claim in the wake of a massive cyber attack on Ukraine which left much of the country without heat, light and access to money.

Speaking to the Daily Mail about the incident, which experts believe was an attempt by President Vladimir Putin to destabilise Ukraine prior to a physical invasion, Mr Ellwood said: “I am afraid an invasion by Russian forces is inevitable and imminent and we have allowed this to happen.

“We had the opportunity to place sufficient military hardware and personnel in Ukraine to make president Putin think twice about invading but we failed to do so.”

Tobias Ellwood
Tobias Ellwood (Yui Mok/PA)
He added: “Only president Putin knows what he is going to do next, but next week would seem pivotal.

“He has negotiated himself into a corner and after Nato refused to bow to his threats seemingly only one option remains.”

In a subsequent tweet, Mr Ellwood wrote: “RUSSIA is on the brink of an invasion. And once again will try to re-draw the map of Eastern Europe. History will ask – why did we not learn from history?”

On Saturday, Foreign Secretary Liz Truss condemned Russia’s military build-up on the Ukraine border and called on Moscow to “halt its aggression”.

She tweeted: “Russia is waging a disinformation campaign intended to destabilise and justify an invasion of its sovereign neighbour Ukraine.

“Russia must halt its aggression, deescalate and engage in meaningful talks.”


Russia is waging a disinformation campaign intended to destabilise and justify an invasion of its sovereign neighbour Ukraine

Russia must halt its aggression, deescalate and engage in meaningful talks #StandWithUkraine

— Liz Truss (@trussliz) January 15, 2022

An invasion by Russia into Ukraine would violate the “most basic freedoms and sovereignty”, the Defence Secretary said last week following a visit to Scandinavia.

Issuing his second warning in a week to Moscow, Ben Wallace said there would be “consequences” of any Russian aggression towards Ukraine.

Tensions on the Ukrainian border continue to be fraught, with the US suggesting Moscow is preparing for a “false-flag operation” in order to spark an incursion into neighbouring territory.

Mr Wallace met Nordic partners last week to discuss Russia’s continued aggression and military build-up on Ukraine’s border, with some 100,000 troops amassed at the divide.

The Defence Secretary said: “The UK and our Nordic partners are united in our approach to upholding European security.

A serviceman takes his position in a trench at the line of separation near Yasne village, about 33,6 km (21,2 miles) south-west of Donetsk, controlled by Russia-backed separatists, eastern Ukraine

“My discussions this week have been directly about deepening bilateral relations, shared security and the consequences of Russian aggression towards Ukraine.

“Our discussions were clear that a Russian invasion of Ukraine would be a strategic mistake, violating the most basic freedoms and sovereignty.

“Britain and the Nordic countries have a long and shared history.

“Our European neighbours and allies remain vital partners as we work together to defend our common values, counter shared threats and build resilience in our neighbourhood, the UK will always stand with them.”

https://ca.yahoo.com/news/russian-invasion-ukraine-inevitable-imminent-065034657.html

Putin wants 'back to the USSR'...

[jazz]

We have 3 times as much snow as last winter and a lot more moisture in it and every 3rd day we get a little more even when it was -40 it snowed and their was moisture in it.

Somethings changing. Not saying it still cant be a dryish season but we are going into spring in a much better condition than 21.

[Jay-mo]

We have 3 times as much snow as last winter and a lot more moisture in it and every 3rd day we get a little more even when it was -40 it snowed and their was moisture in it.

Somethings changing. Not saying it still cant be a dryish season but we are going into spring in a much better condition than 21.

Actual moisture is not much. We are at about 24" of total snowfall. I have a snowcatcher and melted down, it's equivalent to 1.5" of rain. Not exactly a drought buster.