Special thanks to our guest speaker, Leigh Anderson, senior economist from @FCCagriculture for the insightful presentation and sharing current market reports. Kudos to our Agro team as well for organizing a great breakfast event to kick off the Crop Production show!
#CoopAgro #Saskatoon #CropProductionShow @coopagro_crs
As expected Statistics Canada revised 2024 canola and wheat production. Canola revised lower to 17.8 million tonnes, -7% from last year while spring wheat estimated at 26.1 million tonnes up 2.2%.
https://t.co/8hdhZFFhij
Global shipping bottlenecks have pushed up ocean freight rates as detours around Africa reduced shipping capacity from unrest in the Red Sea. Bottlenecks appear to be easing, which suggests freight costs may be heading down over the coming weeks. https://t.co/8Q5InnYmwF
My interview with @realloudlyndsey on @FCCagriculture harvest equipment outlook 2024: Thinner margins, higher interest rates put downward pressure on harvest equipment sales https://t.co/ZQWjZQCLgO
Our 2024 harvest equipment outlook is out! Weak grain and oilseed outlook to pressure harvest equipment sales. Used combine inventory continues to outpace demand, prices expected to be pressured. https://t.co/zAkSR12VPv