Sask. farmers face price uncertainty as harvest gets underway

Aug 21, 2019

A market analyst says there is a lot of price uncertainty as farmers prepare to harvest the 2019 crop in Saskatchewan.

FarmLink Marketing Solutions senior analyst Neil Townsend advises farmers to be patient when selling wheat because there are a lot of trade concerns.

Townsend says a good target price for wheat is 6 dollars 30 cents a bushel, which is down from last year.

Townsend has more optimism about canola, saying world demand is rising for vegetable oil and the there are concerns about harvest of Canadian canola and U.S. soybeans this fall.

He says a target price for canola is 10 dollars a bushel or better.

He adds there is also a lot of uncertainty around pulse crops because of high tariffs in India.

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Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.