The performance of July soybean meal futures these past two months has been truly epic. The agricultural markets have had significant rallies in the past, but rarely has a single month of a single commodity staged such a significant solo performance.
Remember when we had supply concerns in oil?Well it looks like those days are back. Despite high global supplies, demand may now be at the point where it is actually exceeding daily global oil output. Oil prices in Europe have already exceeded $50.00 a barrel on that possibility.
With canola coming off in Manitoba, now is the time of year where producers are making plans to seed winter wheat. There have been numerous posts on Crop Chatter regarding winter wheat production over the past year and I’ve summarized the most relevant ones to seeding below: Top Tips for Seeding Winter Wheat What impact can […]
In 2016, there was approximately 134,000 acres of commercial winter wheat seeded in the fall of 2015 in Manitoba, as reported by producers for AgriInsurance purposes (acres do not include pedigree or organic production). This is down slightly from the 159,000 acres of winter wheat seeded the previous fall of 2014. The variety Emerson, at 64.7% of […]