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Crops, News

Crop revenue ‘mowed down’ by falling prices

Producers can expect a profitability pinch compared to last year

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Glacier FarmMedia – Last year was the most expensive crop to ever be planted on the Prairies. In 2024, farmers will spend less on fertilizer, diesel and other inputs, but costs are only marginally lower, said Darren Bond, a farm management specialist with Manitoba Agriculture, “The crop this year … the cost of putting in
Markets, News, Other

Calmer waters ahead on input market

Has the market finally steadied, or it is just the calm before another storm?

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Farmers can breathe a sigh of relief knowing crop input prices have stabilized as the world adapts to global supply challenges. That was the message as Farm Credit Canada provided its latest update on input prices for the 2024 crop year. Why it matters: The wild price swings for crop inputs, especially fertilizer, appear to be over, but farmers
Ron Helwer, founder of Shur-Gro Farm Services, is one of seven Canadians that will be inducted into the Canadian Agricultural Hall of Fame this fall.
News

Ron Helwer named to Canadian Agricultural Hall of Fame

Brandon-area fertilizer dealer puts a premium on community

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Editor’s Note: Ron Helwer, owner and founder of Shur-Gro Farm Services, was formally inducted into the Canadian Agricultural Hall of Fame Nov. 4 (photo above). The Co-operator spoke to Helwer when his name was first announced for the honour in July. This is what he had to say: [UPDATED: Nov. 8, 2023] Ron Helwer is
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Markets

USDA opens inquiry into fertilizer, seed prices

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Reuters — The U.S. Department of Agriculture is opening an inquiry into the impacts of concentration in the fertilizer, seed and retail markets. The inquiry stems from the Biden administration’s July 2021 executive order to promote competition across the U.S. economy, the agency said in a release Friday. Global supply chain problems and inflation have
Paragon Ag Service’s site west of Melfort. (Lakecountryco-op.crs)
Crops

Two Saskatchewan co-ops to buy ag input retailer

Paragon Ag Service assets to be divvied up

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A pair of Saskatchewan co-operatives are expanding their reach in the crop input retail sector in that province’s northeast, with a deal to buy an independent dealership chain. Lake Country Co-op and Prairie North Co-op announced Tuesday they have agreements in place to buy the assets of Melfort-based Paragon Ag Service from owners Sherman Boland
CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soy down on South American weather, technical pressure

Firm U.S. dollar weighs on wheat; rising crop input costs supportive for corn

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Chicago | Reuters — Chicago soybean futures fell on Thursday after five straight sessions of gains, pressured by technical resistance and beneficial forecasts for rain in top export competitor Brazil. Wheat eased from a two-week high hit earlier on Thursday as weaker crude oil prices and a firmer U.S. dollar offset tightening global supplies. Corn
MGEX December 2021 spring wheat (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Wheat, corn, soy futures up with global demand

MGEX December wheat at nine-year high

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Chicago | Reuters — U.S. corn futures hit a two-week high on Wednesday and soybean futures also advanced, supported by brisk global demand, firm cash markets and surging vegetable oil prices. U.S. wheat futures rose as Minneapolis Grain Exchange spring wheat futures set a nine-year top on tightening global supplies of high-quality milling wheat. Additional

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