Cattle drink out of a disappearing dugout. Drought remains one of the open questions for the 2024 season.

FCC projects profit loss in 2024

Hits expected on grain price, but economist ‘cautiously optimistic’ on interest rates and input costs

Reading Time: 7 minutes A prominent Canadian ag lender is projecting a 4.8 per cent decline in farm cash receipts in 2024, due in part to a softening market. Consequently, its leading economist is urging producers to find any way to save money. “In this environment, I do think that management skills are absolutely critical,” said J.P. Gervais, vice-president […] Read more

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U.S. grains: Soy, corn futures under pressure as jobs data lifts US dollar

Chicago | Reuters – Chicago Board of Trade soybean futures fell about one per cent on Friday and corn also declined as the dollar .DXY soared after a much stronger-than-expected monthly U.S. jobs report reduced expectations of near-term Federal Reserve interest rate cuts. “When that jobs report came out, the U.S. dollar shot up, and that seemed […] Read more