Ontario Agriculture

The network for agriculture in Ontario, Canada

January 2011 Blog Posts (7)

Farms.com Market School: The Impact of Commodity Price Risk On Your Farm

Lesson 2: Moe Agostino looks at how the commodity price volatility can impact the financial performance of your farming operation. Understand your cost of production and marketing your grain and livestock to reduce the downside price risk. This educational series is sponsored by DEKALB Brand Seed. To view the other Farms.com Market School lessons visit…

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Added by OntAG Admin on January 28, 2011 at 10:30am — No Comments

Market School Video: Moe Agostino on How Grain Prices Are Determined.

Added by OntAG Admin on January 21, 2011 at 4:38pm — No Comments

The CFFO Commentary: Focusing in on Feeding the World

By Nathan Stevens

January 21, 2011



At a recent policy conference on the future of food and farming, Robert Thompson of the University of Illinois painted the big picture for agriculture worldwide over the next 40 years. There are huge factors that are shaping the future of food that have created an array of challenges and opportunities for agriculture.



The most obvious challenge will be that of ensuring that nine billion people are able to get the food they require to… Continue

Added by CFFO Blog on January 21, 2011 at 6:44am — No Comments

The CFFO Commentary: The Positive and Negative Roles of Farm Debt

By John Clement

January 14, 2011



Farm debt can be a contentious issue in farm circles. Used properly, and with clear sailing on the horizon, debt is a very practical tool for building a business. However, used improperly, or accompanied by stormy economic times, debt can be a millstone that strangles a business and limits future options.



The Christian Farmers Federation of Ontario is currently taking some time to re-examine the role of debt within farming businesses. Many… Continue

Added by CFFO Blog on January 14, 2011 at 6:13am — No Comments

The CFFO Commentary: Helping our Consumers to Choose Ontario Food

By Henry Stevens

January 7, 2011



Canada has some strict rules regarding truth in advertising. Advertisers are expected to tell the truth about their products and refrain from misleading the buying public. There are consequences for failing to do so. That leads to several questions about whether labels, and the information they contain, should qualify as advertisements. I would argue that labels and advertisements should be held to the same standard regarding accuracy and… Continue

Added by CFFO Blog on January 7, 2011 at 5:51am — No Comments

The CFFO Commentary: Prognostications for Farming in 2011

By Nathan Stevens

December 31, 2010



As 2010 draws to a close, a new year in agriculture is about to unfold. The sheer diversity of Ontario agriculture ensures that some farmers will be blessed with great production and good prices while others will face another trying year. Beyond the vagaries of weather and the market there are issues that Ontario farmers may have to face in the year… Continue

Added by CFFO Blog on January 3, 2011 at 4:12am — No Comments

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

Pulse Market Insight #250

Even though there are still three months left in the 2023/24 marketing year, most of the focus is on next year’s crop. Most of last year’s crop has already been sold but some farmers are still holding old-crop supplies that need to be marketed. At this time of year, the opportunities and risks for remaining old-crop supplies are magnified. The relationship between old-crop and new-crop bids is an important signal about how much risk and how much opportunity is left as the marketing year winds down. In general, a large difference between price levels means greater risk for remaining old-crop supplies. In 2023/24, prices for some pulse crops experienced extreme highs, which add to the vulnerability as the year winds down with the risk of a sharp drop outweighing the potential for higher prices. Old-crop prices for green peas are still running close to record highs at nearly $4.50 per bushel higher than the average new-crop bid. Once buyers have enough green peas to fill remaining sales

US Corn Ending Stocks Down on Greater Ethanol, Feed Demand

The USDA has trimmed its 2023-24 US corn ending stocks estimate from last month amid heavier ethanol and feed demand. In its latest monthly supply-demand estimates Thursday, the USDA pegged ending stocks at 2.122 billion bu, down 50 million from the March projection but still well above the previous year’s 1.36 billion. The USDA number was above the average pre-report trade guess of 2.109 billion, with futures trading 3-4 cents lower following the report’s noon ET release. On the demand side, corn used for ethanol was raised 25 million bu from March to 5.4 billion bu, compared to 5.176 billion in 2022-23. Feed use was bumped an identical 25 million bu higher to 6.805 billion – versus 6.558 billion last year – based on indicated disappearance during the December-February quarter. The USDA surprisingly left its 2023-24 Brazil corn production steady from last month at 124 million tonnes. Going into the report, most trader and analysts were expecting the Brazil crop to be lowered to

Map: Late Season Snow Improves Saskatchewan Runoff Conditions

Late season snowfalls at the end of March have improved spring runoff conditions in Saskatchewan, even as moisture levels in many areas of the province remain below, or well below normal levels.  In its latest spring runoff update on Friday (see map below), the Saskatchewan Water Security Agency said a mid-March snowstorm increased the expected additional runoff volumes to some degree across southern Alberta and southwestern Saskatchewan.  Much of this area across both provinces was snow free prior to the storm, the report said, adding that how quickly the snow melts will impact how much additional runoff will be experienced. With the area being so dry prior to the snowfall event, if a slow melt occurs, a lot of the water will infiltrate into the soil, it said. Another snowstorm in late March brought 5 to 15 cm of snow across most of eastern Saskatchewan, with the heavier snow falling in the northeastern portions of the grain belt.  A decent snowpack still exists in the Assiniboine

Livestock expansion unlikely until 2025, economists say

Despite some market signals that usually result in expansion, cattle and hog producers are likely to wait until at least 2025. Numbers are down for a variety of reasons in the cattle industry, says Derrell Peel, Extension livestock marketing economist with Oklahoma State University. Those factors include drought conditions throughout much of the country. “I haven’t seen anything starting despite these record high prices we’re seeing for calves,” he says. “Those price signals usually get expansion going, but it hasn’t happened yet.” Thousands of cows were culled in 2023 and going into 2024 because of drought. Producers struggled to find adequate grass to maintain the cattle inventory. “They had to make a difficult call,” Peel says. Because of the record prices last year, he says many producers sold heifers to take advantage of that income. Peel says because of that, it’s going to take longer to rebuild the herd. “Last year’s beef cow herd was the lowest we’ve seen since 1961, and

Consistency key to maintaining beef industry value

In the beef industry, consistency is key to just about everything. From sire and A.I. choices to ration options to market opportunities, producers can add value at each production stage based on their decisions. Garrett Englin, cattle buyer for JBS USA, said consistency is key for packers, too. Speaking at the 2024 Feedlot Forum in northwest Iowa, he told attendees how a current trend is helping. “Having cattle at the same size and same weight is key, and the beef-on-dairy crosses help a great deal in reaching and maintaining consistency,” he said in an Iowa State University Extension news release. “Being able to provide the same product to consumers starts with getting similar cattle from producers.” At the 2024 Feedlot Forum sponsored in part by the Iowa Beef Center and Iowa State University Extension and Outreach, Englin was asked to talk to the group about the beef-dairy cross that’s becoming very popular. A big part of how this approach works is the narrowing of genetic divers

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