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Farms.com Home  › News

Agriculture Roundup for Monday, July 10, 2023

Jul 12, 2023

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A new report is highlighting the significance of potatoes to Alberta’s economy.

The Potato Growers of Alberta (PGA) said the sector is experiencing strong growth.

PGA Chair James Bareman said he was pleased to have an accurate assessment of the industry’s contribution to the economy.

The growth, processing, and shipping of potatoes and potato products in Alberta contributed $2.87 billion to the Canadian economy in 2022.

Click here to see more...

Trending Video

Grain Market Outlook Price Prospects for 2024

Video: Grain Market Outlook Price Prospects for 2024

Joe Janzen and Scott Irwin of the University of Illinois provided an in-depth analysis of the grain market outlook for 2024, including price forecasts, global supply and demand trends, and marketing implications for corn and soybean producers.

Key topics covered:

Review of 2023/24 USDA February WASDE report results Old and new crop corn and soybean balance sheet forecasts Export sales pace comparisons to previous years South American soybean production estimates Impact of input costs and interest rates on marketing Benchmarking farm-level marketing performance As grain prices face downward pressure in 2024, the presenters emphasized the importance of having an active marketing plan in place, rather than a 'store and ignore' approach. They provided insight into strategies for forward contracting, making new crop sales, and capturing opportunities in a volatile market environment.

Overall, an excellent webinar reviewing the latest market analysis and offering actionable strategies for crop producers facing a more challenging economic climate this year.

 
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