Ontario Agriculture

The network for agriculture in Ontario, Canada

What corn and soybean prices do you expect next year? Have you run your budget numbers?

We have attended a few grain marketing meetings in the last few weeks and no of the experts had any hopes of 2014 corn and soybean prices being higher than today for next year and actually all of them were expecting quite a bit less. We started to look at some budgeting numbers based off of current fert and seed prices and expected rotation acres and yields against historic farm expenses and average projected 2014 grain selling prices from the "experts". It doesn't look good.

We are going to tighten down what we spend this year and have a look making some changes.

Anyone else feeling that 2014 is going to be a challenge to remain profitable?

 

 

Views: 132

▶ Reply to This

Agriculture Headlines from Farms.com Canada East News - click on title for full story

Ag in the House: June 15 – 18

The Bloc wanted to know why the government was shutting down bill debates

Anti-Dumping Probe Targets Wheat Gluten Imports in Canada

Canada launched an anti-dumping investigation into wheat gluten imports from Italy, Poland, and the UK to assess if underpriced products are harming domestic manufacturers.

NOAA Declares El Nino, Raising Key Weather Risks for Agriculture

NOAA has officially declared El Nino, and the resulting changes in weather patterns could significantly affect crop production across the United States and Canada in the coming months.

Federal Judge Sends Roundup Class Settlement Back to Missouri State Court, Clearing Path for Approval

A federal judge has ruled that the high-profile Roundup class settlement case must return to Missouri state court, a move expected to accelerate approval of a multibillion-dollar agreement covering tens of thousands of claims.

Hursh: A downward shift in fertilizer prices

War in the Middle East and the blockade of the Strait of Hormuz contributed to a rapid rise in nitrogen fertilizer values, but prices have dropped dramatically in recent weeks. Some analysts were worried that the normal price reset after spring seeding would not occur this year, but a price drop has happened quickly: There have been reports of international prices for urea, 46-0-0 moving lower, but what matters to farmers is the price locally. Up until a few weeks ago, the price of urea at farm input suppliers in Western Canada was around $1,250 a tonne. According to the Alberta Farm Input Price Survey, the lowest urea price of the past five years was just over $600 a tonne back in July of 2021. However, by April of 2022, world events had pushed urea prices to $1,350 a tonne. While prices this spring were not quite that high, they were onerous as compared to the price of grain. So where are prices right now? What would you need to pay for urea for summer or fall delivery? You cou

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service